If anyone doubts what could happen if the US retools our economy for "green", they should take a look at GE:
GE ecomagination Revenues Surge to $12 Billion, Orders Top $50 Billion
Thursday May 24, 8:30 am ET
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE today reaffirmed that "green is green," reporting that revenues from its portfolio of energy efficient and environmentally advantageous products and services surged past $12 billion in 2006, up 20% from 2005, while the order backlog rose to $50 billion.
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That's some serious dough!
Although there still is no substitute for the high profits of taking oil out of the ground and retailing it, I can see a day in the not too distant future when conservation becomes the most profitable industry.
GE ecomagination Revenues Surge to $12 Billion, Orders Top $50 Billion
Thursday May 24, 8:30 am ET
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE today reaffirmed that "green is green," reporting that revenues from its portfolio of energy efficient and environmentally advantageous products and services surged past $12 billion in 2006, up 20% from 2005, while the order backlog rose to $50 billion.
-------------------------------------------------
That's some serious dough!
Although there still is no substitute for the high profits of taking oil out of the ground and retailing it, I can see a day in the not too distant future when conservation becomes the most profitable industry.
