GE seeks “greener” pastures in coal

General Electric, one of the world’s largest suppliers of electrical power plant equipment, is all fired up about large markets for new coal-fired generation in India and China as America’s shut down. This may seem quite a turnaround for a company which has been characterized by the National Center for Public Policy Research as “the poster boy for crony capitalism and corporate America’s green energy cheerleader." After all, GE had previously assured investors that coal was on its way out. Its “ecomagination” campaign launched in 2005 focused the company’s future on an “Age of Gas” powered by their heavy-duty turbines along [...]

By |2016-09-06T12:42:18+00:00September 6th, 2016|CFACT Insights|5 Comments