Tag archives: Barack Obama

By James Dacey

Nobel laureate Steven Chu. (Courtesy: DOE)

The Nobel laureate Steven Chu has recently announced that he is to resign from the role of US energy secretary. He will step down from the post at the end of February having served throughout the entire four years of Barack Obama’s first presidential term. During his reign, Chu has received strong plaudits from many Democrats and environmentalists. Obama has credited Chu for increasing the nation’s use of renewable energy while reducing its dependence on oil imports.

Others, however, have been critical of Chu. He is accused of specific failures such as the initiatives that led to the downfall of Solyndra – a solar-cell manufacturer that went bankrupt after receiving $535m in Department of Energy loan guarantees. A more general criticism when Chu was appointed was that he had very little political experience to carry out such a critical role in the governance of the US.

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