Law360, New York (February 28, 2012, 7:25 PM ET) -- U.S. Department of Energy Secretary Steven Chu’s request for a $27.2 billion budget in fiscal 2013 struck some nerves with congressional members Tuesday, who sought an explanation as to how the department would avoid another Solyndra-esque debacle.
Chu told House of Representatives’ Energy and Water Development Subcommittee Chairman Rodney P. Frelinghuysen, R-N.J., that the department has set up a system that looks for “changes in anything that materially affects the company” or its environment, in response to the chairman’s request for assurance that current stimulus loan programs are...
Chu Defends $27B Energy Budget Before House Members
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