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Tenure as Secretary of Energy
Chu has called for gradually ramping up gasoline taxes over 15 years to coax consumers into buying more-efficient cars, and living in neighborhoods closer to work. "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe," he said before becoming Secretary of Energy. <ref>see [http://sec.online.wsj.com/article/SB122904040307499791.html ''WJS'' Dec. 12, 2008]</ref> Chu has been reluctant to embrace nuclear power, even though it emits no greenhouse gases, out of concerns with disposing its waste and the risk of nuclear proliferation. "The waste and proliferation issues [surrounding nuclear power] still haven’t been completely solved," he said. A major role of his Department of Energy is to oversee nuclear weapons and waste storage. The Obama campaign made clear that increased reliance on nuclear power will require finding a "safe" way to dispose of radioactive waste.
Chu has called for gradually ramping up gasoline taxes over 15 years to coax consumers into buying more-efficient cars, and living in neighborhoods closer to work. "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe," he said before becoming Secretary of Energy. <ref>see [http://sec.online.wsj.com/article/SB122904040307499791.html ''WJS'' Dec. 12, 2008]</ref> Chu has been reluctant to embrace nuclear power, even though it emits no greenhouse gases, out of concerns with disposing its waste and the risk of nuclear proliferation. "The waste and proliferation issues [surrounding nuclear power] still haven’t been completely solved," he said. A major role of his Department of Energy is to oversee nuclear weapons and waste storage. The Obama campaign made clear that increased reliance on nuclear power will require finding a "safe" way to dispose of radioactive waste.
==Secretary of Energy==
Chu oversaw the Obama administration's failed green energy efforts. He approved a half-billion dollar loan to now-bankrupt solar energy company, [[Solyndra]].<ref>http://voices.yahoo.com/barack-obama-bankrupt-coal-plants-2149160.html</ref> Loans were made to a company called Fisker to build uneconomical cars in Finland. <ref>http://abcnews.go.com/Blotter/car-company-us-loan-builds-cars-finland/story?id=14770875</ref> More of Chu's DOE money ($249 million) was loaned to A123, a now-bankrupt battery maker that may be sold to the Chinese. <ref>http://autos.aol.com/article/a123-bankruptcy-obama-doe-loans/</ref>
==Career==
==Career==
==Further reading==
==Further reading==
* Zakaria, Fareed. "In the Great Ship Titanic: Nobel physicist Steven Chu is out to revitalize U.S. industry and save the world—if he can." [http://www.newsweek.com/id/193488 ''Newsweek'' Apr 20, 2009]
* Zakaria, Fareed. "In the Great Ship Titanic: Nobel physicist Steven Chu is out to revitalize U.S. industry and save the world—if he can." [http://www.newsweek.com/id/193488 ''Newsweek'' Apr 20, 2009]
==References==
==References==