GE Citizenship Report Covers Global Theme of Energy & Climate Change

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GE Citizenship Report Covers Global Theme of Energy & Climate Change

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Summary

Against the backdrop of the first industrial revolution that GE Founder Thomas Edison’s incandescent light bulb helped spark, GE discusses the coming clean energy revolution needed to counteract climate change and spur the economy. GE’s ecomagination initiative is committed to a diverse energy portfolio that includes renewable energies such as solar and wind power, in addition to fossil fuels like coal, oil, and natural gas, as well as nuclear power, all of which are projected to play a large role in our energy mix for decades. So GE is focusing on increasing energy efficiency as well as reducing greenhouse gases and other environmental impacts.

“But does it add up? Is it enough?” GE asks. “The short answer is no, it is not.”
 
That’s why “GE supports development of market-based programs to slow, eventually stop, and ultimately reverse the growth of greenhouse gases. To accelerate innovation it is crucial that governments send the right signals and create demand for clean technologies. Although there was some encouraging progress at the international climate change negotiations in Cancun in 2010, the commitments of the world’s governments do not yet provide the loud, long, legal signals needed.”
 
On its new interactive Citizenship Web site, GE invites your comments.
Thursday, September 29, 2011 - 2:00pm

CAMPAIGN: Reporting at GE

CONTENT: Blog

In the 1890s, Founder Thomas Edison sold GE’s first lightbulbs. Back then, in order to pay for an hour of light powered at the equivalent strength of today’s 100 watts, the average worker would have to work a full hour. By 1960, the time period decreased to a mere eight minutes. And by 1992, it was down to less than a second when using a compact fluorescent bulb.

GE is proud of the part that Edison played in this energy revolution making lighting cleaner, safer, cheaper and brighter. We continue today to innovate to drive up quality and efficiency, and improve affordability in our core technologies. But Edison was just one in a long line of innovators, and the story of their breakthroughs was not only one of “inspiration and perspiration,” but of wider policy frameworks supporting research and education, open trade and commerce.
 
Over the past 30 years, while technology has been reinvented in areas such as telecommunications and healthcare, it has hardly budged in energy. Most of the technologies that underlie existing energy and transport systems remain those that were invented decades ago. They are increasingly brittle, and incompatible with the need to support a clean future.
 
 
About GE
GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.
 
Citizenship at GE is more than a program or a set of good intentions - it is a full-time commitment built upon cultural behaviors and actions. These actions are integrated with business strategy and have defined goals, strategies and metrics that make it actionable and accountable.
 
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Keywords: Environment & Climate Change | Ecomagination | Energy | GE | climate change

CAMPAIGN: Reporting at GE

CONTENT: Blog