GE — A clean energy revenue machine – GE is so large that its annual revenue ($150 billion) is greater than New Zealand’s gross domestic product ($140.43 billion). But GE stands to profit in solving man-man global warming, whereas New Zealand will just pay.
In 2011 GE generated $21 billion in “clean energy revenue”. (GE Annual Report 2011, p 3).
GE boast that their “technology helps deliver a quarter of the world’s electricity”. “We are one of the largest clean energy companies in the world” (page 18) “GE wind turbines, among the most widely used in the world, will soon power the largest wind farm in the U.S ”
In other words, they are one of the largest companies in the world which makes profits that depend on a climate of fear. How much would their wind turbines be worth if western governments pulled the pins on all the subsidies?