GE Launches Ecomagination in Australia

September 19, 2006

Email this story Print this post Add your comments

General Electric has launched its global clean energy and water initiative – called ecomagination – in the Australian market at Sydney’s Powerhouse Museum.

“The bridge between GE and Australia has been open since 1902, when we installed motors to open the Pyrmont Bridge over Darling Harbor,” Rice said. “Ecomagination is our bridge to the future — to discover and develop solutions to growing environmental challenges in Australia and around the world,” GE’s Rice says.

GE says it will:

– Double investment in R&D – GE will invest almost A$2billion annually in research in cleaner technologies by 2010, up from A$930million in 2004.

– Introduce more ecomagination products each year – GE will double its revenues from products and services that provide significant and measurable environmental performance advantages to customers – from A$13.3billion in 2004 to at least A$26.6billion in 2010 with more aggressive targets thereafter.

– Reduce its GHG emissions and improve its energy efficiency – In addition to helping customers meet their environmental goals, GE has committed to reduce its own GHG emissions one percent by 2012 and the intensity of its GHG emissions 30 percent by 2008 (both compared to 2004). Based on the company’s projected growth, GE’s GHG emissions would have risen 25 percent by 2012 without further action.

GE projects in Australia include:

– Water reuse and water use reductions at OneSteel’s Rooty Hill steelworks

– the Jenbacher gas engine plant operated at Envirogen’s Oaky Creek Colliery, which converts problem waste gas from one of Australia’s largest coal mines into a viable energy source. From 2008-2012, the Oaky Creek station is expected to offset greenhouse gas emissions equal to 2.6 million tons of CO2

– the Evolution locomotive, the cleanest diesel powered locomotive ever made, producing 60 percent fewer emissions and in negotiation for supply to a major Australian mining company

– Energy Smart compact fluorescent lighting for Australian commercial and residential use, products that offer customers significant energy savings.

Email this story Print this post Add your comments

Advertisers

Make sustainability part of your strategy.

Get equipped at the SAP Sustainability Resource Center. >>

Unclear about the EPA's new GHG Rule?

Learn how it could affect your business. >>

EPA mandatory emissions reporting starts Jan 1st

CSA Standards can help your organization get ready for compliance. Find out how. >>

Best Practices: Product Environmental Compliance

How to achieve compliance at a significantly lower cost. Download the full report. >>

Join the Discussion

Recent Daily News [ see all ]

11/20/2009
11/19/2009
11/18/2009

Charts [ see all ]

European Paper Industry Cuts CO2 Emissions by 42% since 1990

S. America Takes Most Urgent View of Copenhagen Talks

Nike Tops Annual Climate Action Scores

Oceans May Trap more Carbon than Forests

Jobs

View All Jobs >> Post a Job >>

Comments and Discussions

Trade Association on Trade Group on EPA Chemical Regs: ‘If Everything is a Priority, Then Nothing is a Priority’
"Seriously… that..."

Gary Markowitz on Supermarkets Tackle Emissions Reductions, Fuel Efficiency
"Supermarkets waste over 10 percent of their energy through improper..."

peter in ireland on Ontario May Follow California’s Lead on TV Energy Efficiency
"Governor Schwarzenegger is shooting himself in the foot! 1...."

Environmental Leader on S. America Takes Most Urgent View of Copenhagen Talks
"The survey respondents (the PDF report mentions 4,000 respondents in 38..."

Jake on UPS Trying New Hydraulic Hybrid Trucks
"A point of clarification: the Reuters press release referenced herein reports that 20 UPS will purchase..."

Custom Organic Shirts on S. America Takes Most Urgent View of Copenhagen Talks
"90% of North Americans believe it is urgent to get a global climate..."

peter dublin on California City’s Green Building Ordinance Applies to Commercial Buildings
"Why energy efficiebnt regulation on buildings –..."

Environmental Leader