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Secretary Chu Says DOE Research Led Shale Revolution, and Forecasts the Same for Renewables
National Public Radio's State Impact ^ | February 1, 2013 | Susan Phillips

Posted on 02/05/2013 6:36:06 PM PST by 2ndDivisionVet

Energy Secretary Steven Chu, who came to the White House leading a push for green energy, but got snarled by the Solyndra bankruptcy, announced his plan to resign on Friday. Chu wrote a long explanation of his decision to Energy Department employees. In the letter Chu seemed to begin by defending his tenure against critics who decried the loans made to the solar company Solyndra under his watch.

“…I believe we should be judged not by the money we direct to a particular State or district, company, university or national lab, but by the character of our decisions.”

Chu laid out a number of accomplishments in promoting renewable energy sources and warned of disturbing climate change weather events that may lie ahead.

“During the three decades from 1980 to 2011, the number of violent storms, floods, droughts, heat waves, wildfires, as tabulated by the reinsurance company Munich Re, has increased more than three-fold. They also estimate that the financial losses follow a trend line that has gone from $40 billion to $170 billion dollars per year. Most of those losses were not insured, and the country suffering the largest losses by far is the United States….

(Excerpt) Read more at stateimpact.npr.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: climatechange; energy; globalwarming; obama; solyndra
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To: Army Air Corps

Just like Al Gore invented the Internet.

No difference in contributions.


21 posted on 02/06/2013 6:23:25 AM PST by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 5 | View Replies]


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