Speculation grows that Energy Sec. Chu will step down
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WASHINGTON, Jan. 17, 2013- Rumors are swirling over whether or not Energy Secretary Steven Chu will be announcing that he will step down, perhaps as early as next week. However, a DOE spokesman says that “Dr. Chu is focused on his job as Secretary each day and hasn't made any announcements about his future plans.”
Chu headed the Department of Energy since January 2009, where he led several “stimulus” projects stemming from the American Recovery and Reinvestment Act of 2009 that expanded renewable energy and smart grid technology. His department's controversy with Solyndra, which filed for bankruptcy after receiving around $500 million in federal subsidies, also marked his tenure.
Chu is the co-recipient of the Nobel Prize for Physics on 1997 and previously held a position as the Director of the Department of Energy's Lawrence Berkeley National Lab. He also taught at the University of California as a Professor of Physics and Professor of Molecular and Cell Biology. Previously, he held positions at Stanford University and AT&T Bell Laboratories.
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