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Entries in department of energy (13)

Thursday
Nov172011

Chu: Appropriate Decisions Were Made Regarding Solyndra

Rep. Fred Upton (R-Mich.) asked Department of Energy Secretary Steven Chu if he owes the taxpayers an apology for the $535 million lost under the Solyndra loan guarantee. Chu replied that he believes appropriate decisions were made, but noted that the incident was unfortunate. (0:22)

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Thursday
Nov172011

Chu: Not Very Much Will Be Recovered From Solyndra 

Rep. Fred Upton (R-Mich.) questioned Department of Energy Secretary Steven Chu about how much tax payer money lost in the $535 million Solyndra loan guarantee is likely to be recovered. Chu replied “not very much.” (0:22)

Thursday
Nov172011

Congress Knew Of Risks In Loan Guarantee Program, Says Energy Secretary

Rep. Henry Waxman (D-Calif.) questioned Department of Energy Secretary Steven Chu about the risks involved with the Solyndra loan guarantee in a House Subcommittee on Oversight and Investigations hearing Thursday. (0:22)

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Thursday
Nov172011

Chu Denies Political Influence Over Solyndra Loan

Department of Energy Secretary Steven Chu denied claims of political influence in the decisions made regarding the Solyndra loan guarantee before members of the House Subcommittee on Oversight and Investigations Thursday. (0:14)
Thursday
Nov172011

Chu: Renewable Energy Worth The Risk

Department of Energy Secretary Steven Chu defended the DOE’s loan guarantee program, telling members of the House Subcommittee on Oversight and Investigations that it is essential for economic stability that the U.S. invest in risky loans to further renewable energy production. (0:23)

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Thursday
Nov172011

Scalise: Who Will Get Dibs On The First Dollar?

Rep. Steve Scalise (R-La.) grilled Department of Energy Secretary Steven Chu, charging the subordination of the tax payer for corporate interests as a result of the restructuring of the $535 million Solyndra loan guarantee. (0:12)

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Wednesday
Feb162011

Energy Secretary Touts Clean Energy Standard

U.S. Department of Energy Secretary Steven Chu testifies before the Senate Committee on Energy and Natural Resources in regards to President Obama’s 2012 budget, Wednesday. (0:32)

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Wednesday
Mar242010

Congress, Not Administration, Will Determine How Money Is Spent, Says Republican Frelinghuysen

Rep. Rodney Frelinghuysen (R-N.J.) reminds Department of Energy Secretary Steven Chu that his budget is merely a request, and must be approved by Congress. (0:14)
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Wednesday
Mar242010

New DOE Budget Will Increase Jobs, Says Energy Secretary Chu

Energy Secretary Steven Chu highlights the Department of Energy's budget for fiscal year 2011, saying that it will help increase jobs and help resolve pollution issues. (0:08)
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Tuesday
Jul072009

Energy Secretary Says Denial Of Climate Change Will Not Prevent Disaster

Energy Secretary Steven Chu comments on a recent study that suggests there could be an 11 degree temperature increase. Chu notes 11 degrees may not seem like much, but the world was only 11 degrees colder during the last ice age. He says, "Denial of the climate change problem will not change our destiny; a comprehensive energy and climate bill that caps and then reduces carbon emissions will. (0:32)
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Tuesday
Apr072009

Secretary Steven Chu jokes while at energy conference

By Michael Ruhl, University of New Mexico – Talk Radio News Service

Today while at the Energy Information Administration annual conference, Secretary of Energy Steven Chu jokes about airplanes mating while making a larger point on how science can learn from nature.

(01:55)
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Thursday
Jul102008

Carbon capture and storage a 'win-win' situation says Congressman Upton

At a hearing on "Carbon Capture and Storage Deployment Act" Congressman Fred Upton (R-Mich.) says America must promote new clean coal technologies to create new jobs and build a strong economy. Upton describes it as a 'win-win' situation after referring to a Department of Energy assessment that estimates 89 billion barrels of oil that could be recovered. (0:57)
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Tuesday
Jun172008

DOE supports regional electricity resource planning

Kevin Kolevar, assistant secretary for Electricity Delivery and Energy Reliability at the U.S Department of Energy spoke today at a Senate hearing on the challenges of renewable energy transmission. Kolevar says that “if you want to support clean energy, you have to support transmission expansion.” The new electricity demand will only be met through national and regional cooperation, but he is positive that the U.S. will overcome the techinical challenges. Kolevar said that the Department of Energy strongly supports regional approaches to addressing electricity resource planning. (1:01)
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