GE is confident that bold investments in clean energy – central to our country’s future competitiveness, energy and national security – are creating great American businesses that will jumpstart the US economy and form the backbone of a strong American workforce for decades.


Today, President-elect Barack Obama outlined his administration’s plans to make strong investments in renewables – enough to potentially double alternative energy production in the US by 2012.

GE applauds the President-elect’s bold vision and believes a doubling of wind and solar power capacity is achievable if Congress acts quickly to modify and extend renewable energy tax credits and enact an enforceable renewable portfolio standard with credible milestones. With quick action, we can meet this visionary goal, maintaining or creating tens of thousands of strong American jobs. Without quick action, the renewable energy manufacturing base in the United States could deteriorate to the point that it will take years to rebuild.