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In naming Steven Chu as Energy Secretary Obama has highlighted the importance that the new administration will attach to science and a scientific temper to the whole energy question. Steven Chu is a Nobel Prize winning Physicist and has both a biology and physics background. While his nobel prize was "for development of methods to cool and trap atoms with laser light" he is currently studying biological systems at the molecular level.
Steven Chu is incidentally of Chinese ethnicity, and that should send a strong signal to big energy consuming countries like China,India and the rest of the world how important energy conservation and sustainability is for the globe,going forward. My guess is that energy issues will become a much higher priority with governments across the world with Nobel Laureate Steven Chu as Energy Secretary in the US.