Nov 20, 2011

Analysis: Energy Secretary Chu likely to survive Solyndra | Reuters

(Reuters) - Energy Secretary Steven Chu is taking the heat for government decisions on Solyndra, but he is unlikely to take the fall for taxpayer losses on a $535 million loan guarantee to the failed solar company.

"The public and private sectors can, and should, work together to make sure clean energy technologies are invented in America, made in America and sold around the world," Chu said.

"Secretary Chu has the President's full confidence and we are all proud of his tenure as Secretary of Energy," White House Spokesman Eric Schultz said in a statement.

Read on at: http://www.reuters.com/article/2011/11/18/us-solyndra-chu-idUSTRE7AH2L020111118?