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Energy Secretary Stephen Chu Faces Congress on Solyndra

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Energy Secretary Steven Chu Faces Congress on SolyndraEnergy Secretary Steven Chu — a Nobel Prize-winning physicist — was interrogated by Republican congress members today about Solyndra. The California maker of high-tech solar panels, which had been personally endorsed by President Obama and Vice President Biden, received a half-billion dollar federally guaranteed loan from Chu's department before going bankrupt and firing all of its 1100 employees. Was Solyndra an Obama boondoggle or the kind of risk government has to take to encourage "clean energy?"

Credits

Guests:
Steven Mufson - Washington Post - @StevenMufson, Daniel Stone - Newsweek - @danstone1, Steve Ellis - Taxpayers for Common Sense, Nancy Pfund - DBL Investors

Host:
Warren Olney

Producers:
Katie Cooper, Caitlin Shamberg, Karen Radziner