Steven Chu

While the Comedy Show's Jon Stewart can't get too excited about "Cap & Trade", Secretary of Energy, Steven Chu, does his best to explain the importance of the Waxman-Markey climate legislation to him.

Nobel laureate and new Energy Secretary Dr. Steven Chu is interviewed on what it will take to solve the climate change crisis - three major technological improvements plus carbon pricing. While no fan of coal, he acknowledges improvements are needed.

Nobel laureate and Energy Secretary designee Steven Chu is apparently at odds with the president-elect's position on fuel prices in terms of the price signal it sends to motorists and home-buyers.