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What happened to General Electric
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Douglas
Posted 11/14/2018 10:07 (#7105142 - in reply to #7104993)
Subject: RE: What happened to General Electric


Central North Carolina

GE bet the farm on natural gas power plants and lost, including a couple 10 billion dollar acquisitions.

The market was telling them natural gas and the politicians  were saying wind and solar. The politicians won.

https://www.bloomberg.com/news/articles/2017-12-07/ge-s-12-000-job-cuts-highlight-uneasy-shift-to-renewable-energy

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