NBC pushes parent 'Green' stock

For those who hoot derisively at 'big multi-corp':
Suggest you look at what your elected are doing..

Have I mentioned Al Gore's stock holdings? If I didn't, let me subtly suggest they are a BIG reason he doesnt dare run for Pres.

 

RE: NBC pushes parent

No form of energy can compete with the coal powered electrical grid - it is just too cheap. Any other alternative form such as wind, fuel cell, solar, wave, etc. has to be subsidized. GE has to lobby because one Administration & Congress will provide a certain amount of money only to have the next one slash it. They are at the whim of politicians so they have to lobby. It's perhaps better than closing plants and slashing jobs every 4 years- not that GE is particularly averse to that

There is no obvious choice to replace coal or gas so other energy technologies need to be funded and further developed so that someday the alternative choice is clear. That being said we do need to be wary that GE doesnt use it's media machinations if the best choice ends up being a form of energy they dont have a business interest in.