GE has been planning
to build new dirty coal power plants all over the world.
As the world strives for a safe climate, giant multinational General Electric is expanding coal power, one of the largest drivers of global warming.
September 22, 2020: GE has announced that it “intends to exit the new build coal power market”.
It stated in its press release that “GE’s Steam Power business will work with customers on existing obligations as it pursues this exit, which may include divestitures, site closings, job impacts and appropriate considerations for publicly held subsidiaries.”
We need to confirm what GE means by this announcement, and ensure that it exits every one of the 17 coal power stations it is trying to equip (by providing boilers, steam turbine generation systems, or other products) across 15 countries. GE also states it will continue to assist existing clients service coal power projects, which would prolong the coal power industry. GE needs to transition away from coal entirely to meet the goals of the Paris climate agreement, which it claims to support.
Coal power is outdated, directly threatening people’s health and livelihoods through local pollution impacts, while fueling the climate crisis impacting people and ecosystems the world over.
It’s time for GE to use its imagination and stop supporting outdated, polluting energy and start building a cleaner, safer future.
We’re asking GE to:
- Confirm a timetable to end any further efforts to expand the coal sector by restructuring existing business, including the 17 coal power projects currently in development, away from coal power towards renewable energy and working with its power sector clients to shift planned additional power capacity to renewables.
- implement a phase out plan to shift coal power capacity to renewable energy in line with the goals of the Paris climate agreement, which includes working with clients to retire and replace existing fossil fuel projects with renewable energy and implementing a transition plan for its workers.