GE To Double Investment In Energy Efficiency
General Electric Corp. said Thursday that its plan to pour $5 billion in investments into energy efficient and environmentally oriented projects has been met a year ahead of schedule.
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#1 Jun 24, 2010
GE can thank its green stars that these initiatives are here to prevent its bankrupt financial division from sinking the company. That financial overextension is the almighty Jack Welch's legacy; Jeff Immelt may save the joint yet.
#2 Jun 25, 2010
I agree that the investment is wise in this economic climate though the 'payback' may take a while. When the payoff comes, the rest of the pack will be FAR behind.
#3 Sep 14, 2010
I believe they've been sharpening their teeth on "green" for quite some time. I'm betting the stock will start growing again.
#4 Sep 14, 2010
GE should see if it cannot duplicate or extend the advances in power turbines that Siemens has made. Coating the turbine blades with a heat resistant ceramic doesn't seem so far fetched.
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