Connect with us

Hi, what are you looking for?


Policy & Politics

GE Hates US Energy Policy Too

I am so angry this weekend that it is hard to write about clean energy news. US energy policy is held hostage once again by a GOP refusal to allow a fair up or down vote in the Senate by the majority on the expiring Bush tax cuts bill, that almost seems like domestic terrorism.

The GOP is holding a gun at our head so millionaires and billionaires can get tax cuts. Our  clean energy policy that we had hidden in the tax bill was collateral damage. This is traumatic.

We can’t actually come right out and have a grownup discussion with these people and pass clean energy and climate policy like other countries. We have to hide it. That’s the only way to pass any progressive policy.

Section 1603 cash grants for solar projects, tucked inside the tax bill, was killed, along with much, much, much more.

Turns out that the CEO of GE is just as mad, and he puts it better than me.

“You actually have to have an energy policy,” Jeffrey Immelt, the CEO of GE told Businessweek. “It’s stupid what we have today.”

By contrast with the US, Immelt said, China has public policy. Along with innovation funding, supply chains and demand, “China is green, green, green, green — four greens.”

Here’s the rest from Richard Matthews The Green Market in Canada:

China and other industrialized counties are pulling ahead of the US in the race to lead in clean energy because policy makers in Washington have been caught up in debates on issues such as the effects of climate change, Immelt said.

“The rest of the world is moving 10 times faster than we are, and that’s going to mean someday fewer jobs, it’s going to mean less energy security, it’s going to mean lots of other things other than just climate change,” he said.

Immelt, who also called for a national standard requiring the use of renewable energy, said GE won’t give up on pushing to change US energy policy.

Immelt indicated that the US needs to establish a “long-term price signal” on carbon emissions, in order for companies to provide “appropriate funding for innovation.” Such moves would create jobs rather than shift them overseas, Immelt said.

What he said.

Susan Kraemer@Twitter

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

writes at CleanTechnica, CSP-Today and Renewable Energy World.  She has also been published at Wind Energy Update, Solar Plaza, Earthtechling PV-Insider , and GreenProphet, Ecoseed, NRDC OnEarth, MatterNetwork, Celsius, EnergyNow, and Scientific American. As a former serial entrepreneur in product design, Susan brings an innovator's perspective on inventing a carbon-constrained civilization: If necessity is the mother of invention, solving climate change is the mother of all necessities! As a lover of history and sci-fi, she enjoys chronicling the strange future we are creating in these interesting times.    Follow Susan on Twitter @dotcommodity.


You May Also Like

Clean Power

California is proceeding with a plan to install up to 25000 MW of electricity from offshore floating wind turbines by 2045.

Clean Power

Virginia is going from near-zero wind power to 2.6 gigawatts all at once, with the approval of a new offshore wind plan for Dominion...

Clean Power

Manufacturing costs and logistics are two challenges to rapidly integrating more renewable energy into the U.S. power system. This is especially true for tall...

Clean Power

Height is might when it comes to wind turbine towers. The taller they are, the more energy they can harness. Transporting massive tower components...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.