19 Jan '12, 9pm

Stop the Environment vs Economy Nonsense… or ‘risk becoming irrelevant’, Leading Investor Says (VIDEO)

Stop the Environment vs Economy Nonsense… or ‘risk becoming irrelevant’, Leading Investor Says (VIDEO)

This article was originally published on Climate Progress and has been reposted with permission. A top GE executive is calling the political battle between economy and environment “nonsense.” In a video interview (featured below) at an international clean energy investment conference last week, Mark Vachon, vice president of GE’s successful Ecomagination program, hailed “environmental performance” as a key driver for business. “There’s this theory that you have to pick one: economics or environmental performance. That’s nonsense. Innovation is the way you can have both,” said Vachon. GE started the Ecomagination program in 2005 and has since invested more than $5 billion renewable energy, efficiency and smart grid technologies. The company saw such a powerful business case for clean technologies, it plans to double investments in the sector to $10 billion by 2015. Accordin...

Full article: http://cleantechnica.com/2012/01/19/stop-environment-vs-e...

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