New Energy Secretary Steven Chu - a Dream Choice for Verenium

Who could be a better choice for energy secretary for Verenioum shareholders' than Steven Chu, a noble prize winner in physics? The answer is a resouding "nobody". Mr. Chu is now at the forefront of cellulosic ethanol technology, as much as Verenium is, and was the catalyst behind a $500,000,000 grant from BP to the University of California Berkely last year. With recent investment of $90,000,000 by BP into a joint venture with Verenium, the circle seems to have closed and the path is now wide open for VRNM. The only hurdle left is execution. Alternative Energy and specifically non food based bio fuels now have the political backing that the oil industry has enjoyed and abused over the last 8 years. Verenium's time will soon come.