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U.S. Energy Secretary Chu Steps Down
Steven Chu, who served a secretary of the U.S.
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Steven Chu, who served a secretary of the U.S. Dept. of Energy for the past four years, plans to step down as soon as a successor is confirmed. He plans to return to teaching and academic research.
Chu, now 64, led the DOE in a multi-billion-dollar effort to promote cutting edge "green" technologies, in part through loan guarantees. That program became controversial when several recipients entered bankruptcy, including solar-panel maker Solyndra and lithium-ion battery producer A123 Systems.
Chu, who won the Nobel Prize in physics in 1997, was previously director of the Lawrence Berkeley National Laboratory, chairman of the physics department at Stanford University and head of electronics research at Bell Labs.
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