Here's we in the United States should be doing now to keep up with the rest of the world's investment in research and development of green energy technologies:
The United States needs to more than triple its spending on energy research, development and demonstration projects, from about $5 billion now to $16 billion, and should review national energy policy every four years, an advisory group of scientists and engineers said in a report to President Obama this week.
The US is falling behind almost every other major developed country in the world. Look at this chart from 2007 that shows R & D spending as a percentage of Gross Domestic Product:

continued at Daily Kos....
That Nobel prize, PhD, and ten patents to his name are hints that Secretary of Energy Steven Chu is beyond simply a bright man. Secretary Chu is also a dedicated public servant. He is also a thoughtful, self-effacing, and, well, simply entertaining speaker. A chance to be in the room, to seem him speak, is one of those things not to pass up.