Going Green Era

Many companies throughout the United States are going along with the new green era to make the world more efficient.  You would probably not think that General Electric would be one of those companies, but they are up there in the list of major companies contributing to the going green era.  Since 2006 the company has sold over $12 billion of its Ecomagination products including their solar panels.  General Electrics chief executive officer Jeffrey Immelt said ecomagination intends to “develop tomorrow’s solutions such as solar energy, hybrid locomotives, fuel cells, lower-emission aircraft engines, lighter and stronger durable materials, efficient lighting, and water purification technology.”   This helps their company image drastically since many people were upset with the fact that General Electric has been polluting the Hudson river with polychlorinated biphenyls.  This is just the beginning of their new going green era which should help the company in the long run.  The company is anticipating an annual increase in revenue from ecomagination products to at least $20 billion in 2010 and tells its shareholders that “green is green,” referring to cash profits.

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