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Interesting to note the timing of the start of their stock decline (starting in late 2016)[1] and their bet on increased demand for fossil fuel based generation
by danans 7y ago
Interesting to note the timing of the start of their stock decline (starting in late 2016)[1] and their bet on increased demand for fossil fuel based generation equipment.
It's almost as if they thought the current US administration would be able to stem or reverse the tide of the economics shifting towards favoring renewables.
1. From the original article: http://ieefa.org/ieefa-report-ge-made-a-massive-bet-on-the-future-of-natural-gas-and-thermal-coal-and-lost/ http://ieefa.org/ieefa-report-ge-made-a-massive-bet-on-the-f...