139
edits
Changes
Jump to navigation
Jump to search
Line 5:
Line 5: +
This reference says the federal loan was approved.
==Views on Energy and Transportation==
==Views on Energy and Transportation==
In October 2008, before Obama was elected, Chu spoke truthfully about how uneconomical battery-powered cars are. Chu said, "Current batteries for hybrid and electric cars last just five to six years, take a car only 40 miles on a charge—and cost $10,000. These aren’t going to sweep the market." <ref>http://www.sciencenews.org/view/generic/id/37422/title/U.S._must_invest_in_technologies_to_avoid_energy_crisis</ref>
In October 2008, before Obama was elected, Chu spoke truthfully about how uneconomical battery-powered cars are. Chu said, "Current batteries for hybrid and electric cars last just five to six years, take a car only 40 miles on a charge—and cost $10,000. These aren’t going to sweep the market." <ref>http://www.sciencenews.org/view/generic/id/37422/title/U.S._must_invest_in_technologies_to_avoid_energy_crisis</ref>
In spite of Chu's cirtical statements about electric car technology, Tesla motors, makers of a $109,000 two-seat sports car that has only sold a few hundred units, will receive $350 millions of dollars of federal loan money. <ref>http://www.gearlog.com/2009/02/tesla_motors_to_receive_350_mi.php</ref>
After becoming Secretary of Energy, Chu was asked by reporters about OPEC output levels. Chu responded that the issue was, "not in my domain." <ref>http://firstread.msnbc.msn.com/archive/2009/02/20/1803006.aspx</ref>
After becoming Secretary of Energy, Chu was asked by reporters about OPEC output levels. Chu responded that the issue was, "not in my domain." <ref>http://firstread.msnbc.msn.com/archive/2009/02/20/1803006.aspx</ref>