GE CEO: Expects Clean-Technology Revenue Of $21 Billion This Year
BOSTON -(Dow Jones)- General Electric Co. (GE) chief executive Jeff Immelt said Tuesday the company expects revenue from clean technology to total $21 billion this year.This figure is higher than the $5 billion in revenue from clean technology GE earned in 2005, Immelt said, amid applause from an energy-conscious audience at a Massachusetts Institute of Technology forum on clean energy innovation and green jobs. Speaking on the prospects of nuclear energy in the wake of the nuclear crisis in Japan, Immelt said, "Even before the crisis in Japan, the nuclear renaissance was stalled."To continue reading GE CEO Jeff Immelt’s comments on nuclear energy and clean technology, click here.
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