4/16/2009, "Live from the Ceres Conference: Robert Redford Charms Audience," Green Biz, Amie Vaccaro
"Wrapping up a jam-packed day at the Ceres Conference, Robert Redford took the stage Wednesday night...
Redford received applause when referring to the new administration in Washington, "Thank God we now have a change -- we were desperately needing one." But he sees change as more grassroots and community driven than administration-driven.
"Al Gore had the right timing," Redford explained. He gave three reasons for why Gore's 2006 film created a tipping point:...
- 1. The film itself was powerful
- 2. The film supplied overwhelming evidence of the consequences for our actions
- 3. Wall Street realized there was money to be made by going green.
"Change was in the air and it hit with a bang … lots has to do with timing, passion, personal feeling and commitment." He urged the audience never to give up."...
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6/24/11, "GE Picks Up the Slack on Green Tech," Time, Bryan Walsh
"I have a piece in today’s magazine about General Electric’s big solar bet. The multinational behemoth—which has already built a $6 billion-plus wind turbine business—is now looking to move into solar manufacturing as well. That might be bad news for competitors like First Solar, but it’s good news for those who want to see solar power become more than just a rounding error in global energy calculations:
For all their usual preferences for the small and local, greens should hope for GE’s success. If they want solar power to win big, they need the biggest player in the game.
The power and influence of a $190 billion company was on display yesterday GE announced the latest winners of its $200 million-dollar “ecomagination Challenge.” The Challenge—which GE carries out with several venture capital partners—is a sweepstakes for small but scrappy clean tech startups looking to scale up. Yesterday GE and its partners announced that they would invest $63 million in 10 companies in the growing home energy sector, many of them focusing in energy efficiency and IT."...
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10/11/10, "Obama Administration Gave General Electric—Parent Company of NBC--$24.9 Million in ‘Stimulus’ Grants," CNS News, Fred Lucas
"The Energy Department provided GE with 9 stimulus grants, the Department of Health and Human Services provided the company with 3, and the Justice Department and the Commerce Department each gave the company 1 stimulus grant.
All of these federal stimulus grants went to GE’s Global Research Center....
What did all the money to GE go for? Recovery.gov posts brief explanations of each grant. For example, the Department of Justice gave GE $999,955 in stimulus money. “The goal of this program,” said Recovery.gov,- “is to develop a comprehensive reasoning system
- for event and scenario recognition
- for an intelligent video system.”
In addition to the $24.9 million it received in stimulus grants, GE was also awarded $5 million in federal contracts under the economic stimulus law. These contracts were payment for services provided by the company."
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8/4/09, "SEC Charges General Electric With Accounting Fraud," SEC.gov
"GE Agrees to Pay $50 Million to Settle SEC's Charges"
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7/27/10, "GE to Pay $23.5 Million to Settle Oil-for-Food Kickback Charges," Daily Finance, Alazraki
"General Electric (GE) today announced that it had reached a settlement with the Securities and Exchange Commission over charges of illegal kickbacks its subsidiaries paid to win contracts in the United Nations' Oil-for-Food Program. As a result, GE has agreed to pay a $1 million penalty and give up the estimated $22.5 million in profits plus interest earned on the transactions.
The SEC charged GE with violations of the Foreign Corrupt Practices Act for its involvement in a $3.6 million kickback scheme with Iraqi government agencies to win contracts to supply medical equipment and water purification equipment."...
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