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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
climate change

General Electric’s CEO Takes Aim at President Trump’s Approach to Climate Change

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Zamira Rahim
Zamira Rahim
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Zamira Rahim
Zamira Rahim
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March 30, 2017, 1:27 PM ET
Business Leaders And Government Officials Attend Washington Ideas Forum
The Aspen Institute President and CEO Walter Isaacson (L) interviews GE Chairman and CEO Jeff Immelt during the Washington Ideas Forum at the Harmon Center for the Arts September 28, 2016 in Washington, DC. Chip Somodevilla —Getty Images
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General Electric‘s CEO Jeff Immelt has some thoughts on how President Donald Trump’s recent climate change order.

On Tuesday, Trump signed an executive order to roll back some of former President Barack Obama’s environmental regulations. The move wasn’t a total surprise since Trump initially promised to withdraw from the Paris Agreement during his 2016 campaign run. Members of Trump’s cabinet are also skeptical of efforts to combat climate change.

Immelt, who led Obama’s council on jobs and competitiveness, is not skeptical. He’s made clean energy a priority at GE, according to Politico, and the company’s increased use of environmentally friendly technology stems from the “well accepted” evidence on climate change and the environment.

“We believe climate change should be addressed on a global basis through multi-national agreements, such as the Paris Agreement,” Immelt wrote for an internal company blog obtained by Politico. “We hope that the United States continues to play a constructive role in furthering solutions to these challenges.”

In the past, Immelt expressed a willingness to work with the new administration.

“I would say to the president, ‘Look, level the playing field,” Immelt told CNBC‘s Jim Cramer during a February interview. “We can take on any company in the world. Help us do that.'”

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