Henry Waxman had some “tough” questions for Energy Secretary Stephen Chu today regarding the loans to failed solar company Solyndra. We’ve clipped some of the more amusing ones into a video.
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Secretary Chu, you’re a scientist and I want to ask you a science question. Many House Republicans including many Republicans on this committee deny that climate change is occurring. are they right? Is climate change a hoax or is it real?
Answer: Yes
Does our future economic prosperity depend on building new energy industries?
Chu: Yes.
That’s for economic , well-being, but also for stopping the climate change?
Chu: It’s absolutely true.
Waxman: Are we in a race with China and other countries to make the solar panels and wind turbines that will be the clean energy economy for the future?
Chu: Yes, we are.
were you aware there was a risk the project could fail?
Chu: Not only was I aware of it, all of Congress, this passing the bill as they said, they appropriated $10 billion to cover for loan losses.
