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.