US energy secretary says clear clean energy signal needed
US energy secretary Steven Chu joined industry figures in underlining the need for a clear legislative signal to encourage investment in clean energy and emissions reductions technology at a Washington, DC conference this week.
Speaking at the Energy Information Administration’s (EIA) 2010 Energy Conference on Tuesday, Chu called for energy legislation to be passed quickly to stimulate interest and investment in the US energy industry. “Clean energy needs a rapid, large-scale deployment of technology and the right policies are needed to stimulate that,” Chu said. “But right now the relevant legislation is on hold and so the capital is also on hold.”
He said policymakers needed to give a long-term signal, ideally in the
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