Chu to Defend Energy Budget

Energy Secretary Steven Chu will testify before Congress on the Obama administration’s budget request.

DOE-SealThe Senate Energy and Natural Resources Committee hearing is certain to be more friendly than Chu’s last appearance before Congress, where the secretary spent more than five hours in front of a House panel defending his decision to grant a $535 million loan guarantee to failed solar panel firm Solyndra.

This time, Chu will appear before a more friendly, Democrat-controlled committee. He’ll defend the Energy Department’s budget blueprint, which seeks to boost renewable energy funding and repeals billions of dollars in oil industry tax breaks, among other things

Expect some questions about Solyndra and the Energy Department’s loan program. The Energy Department loan guarantee program would not receive any expanded funding authority under President Obama’s budget request. The plan instead calls for continued oversight of the existing loan portfolio.

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Source: Andrew Restuccia and Ben Geman | The Hill
Image: U.S. Department of Energy