Chu, Republicans Square Off On Solyndra Loan

Chu, Republicans square off on Solyndra loan

WASHINGTON (Reuters) - Republicans probing how a now-bankrupt solar panel company received a $535 million federal loan guarantee excoriated Energy Secretary Steven Chu on Thursday for his decisions on Solyndra at a hearing packed with media and spectators.

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  • Energy Secretary Chu wants gas prices to drop
    Earlier this month, House Republicans had pressed him for a retraction as gas prices stood at $4 and above in the Bay Area. In 2008, Chu had argued that raising gasoline prices, through taxes, would make solar, wind and other renewable energy technologies ...
    06/5/2013 - 1:00 pm | View Link
  • Chu to Congress: We’re not interested in lowering gas prices
    One of those methods is dumping taxpayer dollars into alternative energy projects like the Solyndra solar plant ... which had been improving due to signs of growth in the economy. Republicans have hammered Democrats on the price spike, repeatedly noting ...
    02/28/2012 - 11:00 am | View Link
  • The New York Times
    WASHINGTON — An unrepentant energy secretary will square off on Thursday with ... a billion dollars to this one company.” Republicans have been seeking to show that the loan was approved because a major Solyndra investor was a venture capital fund ...
    11/17/2011 - 4:23 pm | View Link
  • The Solyndra Scandal: What Was Secretary Chu Thinking?
    Energy Secretary Chu testifies before Congress today on the Solyndra mess. Naturally, I'll be watching, and reporting if he says anything interesting. But first, the pre-game. There's a very popular narrative in books and magazine articles about the ...
    11/17/2011 - 8:29 am | View Link
  • Steven Chu takes heat on Solyndra at hearing
    Chu appeared today before the Republican-led House Subcommittee on Oversight and Investigations to explain his role in Solyndra, the failed solar company that received a $535 million loan guarantee from the Department of Energy. Republicans Cliff Stearns ...
    11/17/2011 - 4:10 am | View Link
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  • List of Failed Obama Green Energy & Solar Companies in the ...
    The Wall Street Journal : “In The Latest Twist, Solyndra’s Investors Could Be Rewarded For Their Failure, Thanks To A Tax Benefit The Administration Handed Out In ...
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  • The Case of CH2M HILL: $2 Billion in Crony Stimulation
    This was the answer that the Department of Energy Secretary, Steven Chu, recently provided when asked of the amount the federal government will be able to recover ...
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  • Timeline of Events: 2011 | Department of Energy
    President Obama and Secretary Chu tour the Energy Innovation Hub at the Engineering Labs at Penn State University, and the President announces the Better Buildings ...
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  • AllGov
    Overview. The Department of Energy (DOE) is a cabinet-level agency that has both important energy- and national security-related missions. DOE’s roots go all the ...
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  • Big Government Articles
    Leading the fight against corruption, and monitoring our lawmakers, courts, and government and institutional leaders across the country to keep them honest
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