BRISBANE, AUSTRALIA -- July 27, 2009 -- GE Energy (GE) announced that it was working with partners in Queensland to develop the world's first integrated gasification combined-cycle (IGCC) power plant incorporating 90% carbon (CO2) capture and storage (CCS).
IGCC technology enables the use of large amounts of coal to generate electricity with lower emissions than traditional pulverized coal technology and with the ability to capture carbon today for storage or enhanced oil recovery.
GE announced second-quarter 2009 earnings from continuing operations (attributable to GE) of $2.9 billion, or $.26 per share attributable to common shareowners, down 47% from second quarter 2008.
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Company continues to grow revenues, reduce greenhouse gas emissions and meet other ecomagination goals
FAIRFIELD, Conn.--27 May 2009-- GE today announced that it has surpassed its first ecomagination goal to reduce its own greenhouse gas intensity, and is making progress against its other goals for revenue growth, water and technology innovation.
GE announced first-quarter 2009 earnings from continuing operations (attributable to GE) of $2.8 billion, or $.26 per share attributable to common shareowners, down 40% from first quarter 2008.
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GE announced that its 2008 annual report entitled "We are GE" is now available on the Company's Web site at www.ge.com/annualreport. Explore how we are building strong businesses, expanding our leadership and sustaining competitive advantage.
View the 2008 Annual Report Web site
GE announced fourth-quarter 2008 earnings from continuing operations of $3.9 billion, or $.37 per share before preferred dividend, or $.36 per share attributable to common shareowners.
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2007-08 Report, Investing & Delivering in Citizenship, Summarizes Key Global Economic Issues
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