--(BUSINESS WIRE)--On July 25, GE leaders and environmental influencers will come together in New York to launch the first credit card in the US with rewards dedicated to reducing cardholders' carbon emissions.
A distinguished panel will discuss the "greening" of consumer finances and the impact of the card on the environment.
Technology Will Help CSXT Reduce Emissions and Fuel Usage
JACKSONVILLE, Fla.--(BUSINESS WIRE)--General Electric announced delivery of CSX Transportation's (NYSE: CSX) 300th GE DC Evolution Series® locomotive. The unit bears road number 5501.
The unit features fuel-saving technologies to help CSX further reduce fuel costs while cutting down on noise and emissions. The GEVO 12 cylinder engine produces 4400 HP while achieving a fuel savings over the previous generation of GE locomotives and reduces, on average, regulated emissions by more than 40%.
GLENDALE, Calif. & STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services, the energy investing unit of GE (NYSE:GE), is diversifying its renewable energy portfolio by increasing its investment in one of the largest landfill gas-to-energy projects in the United States. GE Energy Financial Services acquired a 90 percent interest in a limited partnership that operates the Scholl Canyon Landfill gas project in Glendale from Scholl Canyon Landfill Gas Corp., an affiliate of Palmer Capital Corp., which will continue to manage and direct the operations.
ESSEX & STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services, a unit of GE (NYSE: GE), will help boost wind energy capacity in New York State by more than 70 percent with an investment in three Noble Environmental Power windparks that will generate 282 megawatts in Clinton and Wyoming Counties. The GE unit's first investment in wind energy in New York State will increase the state's wind energy capacity to 671 megawatts.
Company Showcases Full Range of Eco-solutions at Environmental Summit
Beijing, China, June 10, 2007 -- On the anniversary of its ecomagination campaign launch in China, GE is redoubling its efforts to develop advanced, environmentally advantaged technologies that will support the country's continued, sustainable growth and a 'green' Olympic Games in Beijing in 2008.
GE Energy Financial Services, a unit of General Electric (NYSE: GE), announced today that it would double its renewable energy investments by 2010, and has become one of the first financial institutions to disclose the greenhouse gas emissions from its power plant equity investments.
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