Just refrigerator efficiency saves more energy than all that we're generating from renewables, excluding hydroelectric power... I cannot impress upon you how important energy efficiency is. It doesn't mean you eat lukewarm food and your beers are lukewarm. You can still have it; you just make a better thing
Steven ChuSomehow we have to figure out how to boost the price of gasoline to the levels in Europe.
Steven ChuFor the better part of my last semester at Garden City High, I constructed a physical pendulum and used it to make a "precision" measurement of gravity. The years of experience building things taught me skills that were directly applicable to the construction of the pendulum. Twenty-five years later, I was to develop a refined version of this measurement using laser-cooled atoms in an atomic fountain interferometer.
Steven ChuI believe [the Department of Energy] should be judged not by the money we direct to a particular State or district, company, university or national lab, but by the character of our decisions. The Department of Energy serves the country as a Department of Science, a Department of Innovation, and a Department of Nuclear Security.
Steven ChuA cap and trade bill will likely increase the costs of electricity. . . . These costs will be passed on to the consumers. But the issue is, how does it actually...how do we interact in terms with the rest of the world? If other countries don't impose a cost on carbon, then we would be at a disadvantage. . . . We should look at considering duties that would offset that cost.
Steven Chu