Environment & Energy

sl8

(13,702 posts) Mon Sep 21, 2020, 12:49 PM Sep 2020

GE plans to stop making coal-fired power plants

https://www.reuters.com/article/us-ge-power/ge-plans-to-stop-making-new-coal-fired-power-plants-idUSKCN26C1QF

SEPTEMBER 21, 20208:22 AM
UPDATED AN HOUR AGO

GE plans to stop making coal-fired power plants

By Reuters Staff
2 MIN READ

(Reuters) - General Electric Co GE.N said on Monday it plans to stop making coal-fired power plants, as the U.S. industrial conglomerate focuses more on renewable sources of power generation.

The company said the exit from the business could include divestitures, site closings and job cuts, while it works with its customers to complete existing obligations. (invent.ge/33HCxdQ)

2 replies

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GE plans to stop making coal-fired power plants (Original Post) sl8 Sep 2020 OP

What????? After we brought coal "back"? Grins Sep 2020 #1

This Unit is what is killing GE Wellstone ruled Sep 2020 #2

Grins

(7,203 posts)

1. What????? After we brought coal "back"?

Reply to sl8 (Original post)

Mon Sep 21, 2020, 01:12 PM

Sep 2020

Oh, wait...

Sorry, you suckers in Ky, Va, Tenn, W. Va., etc. We tried to tell you.

Wellstone ruled

(34,661 posts)

2. This Unit is what is killing GE

Reply to sl8 (Original post)

Mon Sep 21, 2020, 01:34 PM

Sep 2020

in their effort to remain profitable. Another misguided Management of a great company. Sell off the money makers and keep the junk. So their Tax Breaks must be expiring on this operation.

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