Energy Secretary Chu steps down, blasts climate-change skeptics

Energy Secretary Steven Chu, a Nobel Prize-winning physicist frequently the target of Republican criticism, announced Friday that he was stepping down in the latest shake-up of President Barack Obama’s Cabinet. Chu, who disclosed his decision in a letter to Energy Department staff, frequently clashed with GOP lawmakers over gas prices as well as government backing for green-energy companies like the failed firm Solyndra.

In his letter, Chu took aim directly at his critics, saying the clean-energy efforts were a success—and blasted climate-change skeptics as trapped in “the Stone Age.”

“While critics try hard to discredit the program, the truth is that only one percent of the companies we funded went bankrupt,” he wrote. “That one percent has gotten more attention than the 99 percent that have not.”

Chu added: “The test for America’s policy makers will be whether they are willing to accept a few failures in exchange for many successes. America’s entrepreneurs and innovators who are leaders in the global clean energy race understand that not every risk can—or should—be avoided. Michelangelo said, ‘The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.’”

He also scolded climate-change skeptics and urged a shift from fossil-fuels to other sources of energy.

Read more at Yahoo News. By Oliver Knox.

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Comments

  1. Joe Speer says:

    Chu is just another face that has no grip on reality, Obama has surrounded himself with people like this. Fantesies are great but ot when they cost the taxpayers billions of $$$$.

  2. The Quadfather says:

    The question is whether or not these businesses could succeed with out the government subsidizing them and making the regulation environment favorable to them. How long would wind energy producers survive if they were fined every time one of their wind generators killed an endangered bird like everyone else is treated? And would electric cars be competitive if the government wasn't doing things to drive up the cost of gasoline like refusing to aprove Keystone XL? And driving up the cost of gas cars by demanding fuel economy that isn't based on reality?

  3. No democrat program has ever been a failure; it just didn't receive enough funding. Lack of funds has always been the fault of republicans. When you consider who other Nobel prize winners have been it doesn't take a genius to figure out the intellect of someone like Chu.

  4. Good to see this delusional idiot out of the administration but knowing the mind set of the radical Obama
    he probably will appoint someone more stupid so he can continue to promote his agenda,

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