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GE Energy Supports Department of Energy's Commitment to ''20% Wind Energy By 2030''

SCHENECTADY, N.Y., May 12, 2008 (BUSINESS WIRE) -- Victor Abate, Vice President-Renewables for GE Energy, today
released the following statement supporting the U.S. Department of
Energy's call for wind energy to meet 20% of U.S. electricity
consumption by the year 2030:

"Realizing the vision of 20% wind by 2030 is vital to our nation's
energy and environmental security. This critical report shows how,
through sustained industry commitment and the strengthening of
supportive policies like the production tax credit (PTC) and Renewable
Portfolio Standards, wind can become a mainstream power source and an
engine for economic growth."

"Wind is an abundant domestic resource that we are harnessing to
meet America's present and future energy needs while reducing
greenhouse emissions. By committing to this goal, the U.S. can
maintain a global leadership position in this growing industry."

"However, for wind energy to realize its potential, the industry
needs stable public policy. Renewal of the PTC will promote cleaner,
renewable power that is essential to the continued growth and success
of wind energy."

SOURCE: GE Energy

GE Energy
Kristin Schwarz
+1 518 385 7343
kristin.schwarz@ge.com
or
Masto Public Relations
Ken Darling or Howard Masto
+1 518 786 6488
kenneth.darling@ge.com
howard.masto@ge.com

Copyright Business Wire 2008


 
 

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