Steven Chu

DOE Fact Sheet: Clean Energy Technology Announcements At the Copenhagen climate conference, on behalf of President Obama, Energy Secretary Steven Chu announced the launch of a new initiative to promote clean energy technologies in developing countries. Secretary Chu also welcomed progress under the Major Economies Forum on Energy and Climate (MEF) and invited his counterparts in MEF and other countries to a first-ever Clean Energy Ministerial next year. Climate REDI Secretary Chu today announced the launch of a new Renewables and Efficiency Deployment Initiative (Climate REDI). The program will accelerate deployment of renewable energy and energy efficiency technologies in developing countries – reducing greenhouse ... Read Full Story

COPENHAGEN (Reuters) - The United States pledged on Monday to contribute $85 million to a $350 million multinational fund aimed at speeding up renewable energy and energy efficiency technologies in poor countries. U.S. Energy Secretary Steven Chu also announced a high-level meeting will be held in Washington next year of major developed countries' energy ministers to discuss global deployment of clean energy technology. Chu made the announcements on the sidelines of a December 7-18 international climate conference in Copenhagen. The talks temporarily stalled on Monday when African countries walked out, accusing rich countries of trying to kill the U.N. Kyoto Protocol which set targets ... Read Full Story

The United States Monday unveiled a 350-million-dollar global effort to help provide clean energy technology to developing countries and invited top officials to a green summit next year. US Energy Secretary Steven Chu announced at the UN climate summit in Copenhagen that the new program will speed the delivery of renewable energy technologies to underdeveloped countries. That will help them better combat greenhouse gas emissions, he said, as world leaders meet in the Danish capital to hammer out a new treaty to tackle global warming and replace the Kyoto treaty which expires in 2012. Among the initiatives is a program to provide solar energy ... Read Full Story

The federal government is speeding up plans to produce more renewable fuels, announcing Friday it will spend nearly $600 million to help build plants that turn wood chips, cornstalks and algae into fuel. The government will team up with private companies to create 19 biorefinery projects in 15 states. The government's $564 million share will come from stimulus funds and will be combined with $700 million in private investments. The ideas range from scooping up algae from ponds in New Mexico and converting it to jet fuel to using wood waste from a wall panel company in Michigan to make ethanol. In announcing the ... Read Full Story

GREENVILLE, South Carolina (Reuters) - The United States is falling behind in the race for clean, renewable energy and risks losing its prominence in high-tech manufacturing, U.S. Energy Secretary Steven Chu said on Monday. "America has the opportunity to lead the world in a new industrial revolution," Chu told business leaders, political leaders and engineers at a Clemson University symposium. But, he said, "The world is passing us by. We are falling behind in the clean energy race. ... China is spending $9 billion a month on clean energy ... China has now passed the United States and Europe in high-tech manufacturing. There is ... Read Full Story