$200 million green-tech subsidy results in -100 jobs
Regrets. What happens when job-stimulus funds get spent on a company that reduces its workforce? It looks like Barack Obama and Energy Secretary Stephen Chu made another “bad bet” in 2009, sinking...
View ArticleObamateurism of the Day
Attention deficit disorder? I know that Eleanor Clift included this anecdote in her Newsweek article as a slam at Energy Secretary Stephen Chu, but as I wrote yesterday, it says a lot more about...
View ArticleObama’s energy secretary: Politics had nothing to do with the Solyndra loan
Nuance. Via William Amos, a sneak preview of what Chu’s planning to tell Congress on Thursday. My favorite part is when he claims that no one at his level was aware of the political affiliations of...
View ArticleChu takes responsibility for Solyndra — but not blame
“The best interests of the taxpayer in mind”? One of the key roles of any Cabinet Secretary is that of a firewall for the President — a person to take the blame when things go wrong. As the Solyndra...
View ArticleWaPo gives Chu 3 Pinocchios for his testimony
Only three? Energy Secretary Stephen Chu testified before Congress yesterday on the $535 million debacle of the Solyndra collapse, and needless to say, didn’t impress too many people. He took...
View ArticleWhip Kevin McCarthy: Secretary Chu needs to scoot
And not let the door hit him on his way out. In congressional testimony yesterday, Department of Energy Secretary Steven Chu claimed he had no idea how shaky Solyndra was — nor the solar industry, in...
View ArticleChu to Congress: We’re not interested in lowering gas prices
Dems to White House: Get interested in it. Hey, at least Energy Secretary Stephen Chu gave an honest answer. When asked by Rep. Alan Nunnelee whether the Obama administration wants to work to get gas...
View ArticleChu: I give myself an A-minus on managing taxpayer investments
Grade inflation. Consider this your spit-take moment of the day. After overruling Department of Energy auditors and losing $535 million on Solyndra, as well as a number of other green-tech flops,...
View ArticleChu: Uh, never mind on that European gas prices goal
Shocka! Isn’t it amazing what a couple of bad polls can produce? In 2008, then-incoming-Energy Secretary Steven Chu told the Wall Street Journal that American energy policy should be calibrated to...
View ArticleGAO shows grade inflation at the Department of Energy
85% failure rate = A-minus? Remember this moment from two weeks ago? Rep. Paul Broun (R-GA) challenged Energy Secretary Steven Chu to assign himself a grade specifically on his stewardship of...
View ArticleRomney to Obama: I’d fire that “gas hike trio” of yours ASAP if I were you
Advice. In his interview on “Fox News Sunday” this morning, Mitt Romney again ratcheted up his rhetoric on gas prices, calling for the president to fire what he dubbed the “gas hike trio” of Energy...
View ArticleChu: I give myself another A on gas prices
Grade inflation redux. That report card from the Department of Energy is starting to look pretty darned good, eh? Three weeks ago, Energy Secretary Steven Chu gave himself an A-minus for his...
View ArticleGreen energy firm secured millions in taxpayer funding, now faces SEC...
Obama, Chu praised company Green energy firm Ecotality won plaudits from President Obama and Energy Secretary Steven Chu. It was supposed to build 15,000 electric-vehicle charging stations in 18...
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