Saturday, July 29, 2006

GE CEO Immelt: "Surprising Bedfellows" on the Environment

GE CEO Jeff Immelt, who spoke last night at the Carper Roundtable, remarked that changing views on energy and the environment make for "surprising bedfellows" among NGOs and business.
Immelt was asked about Dick Cheney's infamous comment, "Conservation may be a sign of personal virtue, but it is not a sufficient basis for a sound, comprehensive energy policy." His response: Cheney's "view is dated."
Immelt, as it turns out, played with Lt. Gov. John Carney on Dartmouth's football team in the 1970s.
By the way, when asked, Senator Carper told me that increasing the minimum wage has no business being linked to a further cut of the estate tax.

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