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GE looks like sticking on renewables path

The world and his dog have an opinion on GE, but here at Rethink Energy we have only espoused one on its renewables business, which initially to us looked like half-hearted support, likely to cave in. This article is about revising that opinion somewhat. When you are on the side of renewables, you tend to not be on the side of fossil fuels, and GE gets more of its revenues from those, than from renewables and the two sides do not sit well together. If petroleum stops being a mainstay of automobile fuel by say 2035, and instead electricity is, then GE wants to have moved into making eMobility solutions, instead of supporting the exploration industry for oil and production…

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