It's official: Energy Secretary Chu resigns


By: SGN Staff


Energy Secretary Steven Chu is resigning from the post he held for the past four years. It had been widely speculated for months that he would be among the Obama administration's Cabinet to leave at the conclusion of the first term.


Quoted in Politico, Chu said "In the short term, I plan to stay on as secretary past the ARPA-E (Advanced Research Projects Agency - Energy) Summit at the end of February. I may stay beyond that time so that I can leave the department in the hands of the new secretary."


"Secretary Chu presided over a vast expansion of renewable energy and cleaner-burning natural gas, and he did a lot of good in his time at the Department of Energy," Sen. Ron Wyden (D-OR) said. "Certainly in terms of pure intellectual horsepower, Secretary Chu will be a tough act to follow.


As President Obama looks at potential successors, I hope he keeps in mind the importance of encouraging innovation in new energy technologies, safeguarding taxpayer dollars and continuing the manufacturing revival spurred by stable natural gas supplies,” Wyden continued.

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