If there is a regulation that says you have to do something-whether it be putting in seat belts, catalytic converters, clean air for coal plants, clean water-the first tack that the lawyers use, among others things, and that companies use, is that it's going to drive the electricity bill up, drive the cost of cars up, drive everything up. It repeatedly has been demonstrated that once the engineers start thinking about it, it's actually far less than the original estimates. We should remember that when we hear this again, because you will hear it again.
Steven ChuSince I walked in the door as secretary of energy, I've been doing everything in our powers to do what we can to reduce these gas prices. ... So, of course we don't want the price of gasoline to go up; we want it to go down.
Steven ChuLet me state what the official IPCC prediction is: Sea levels could go up as much as three-quarters of a meter in this century, but there is a reasonable probability it could be much higher than that.
Steven ChuSwitching to light-coloured roofs and roadways would have the equivalent effect on greenhouse gas emissions to taking one billion cars off the road for eleven years.
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 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 Chu