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"As the price of renewable energy technologies such as wind and solar fell in recent years, the IEEFA said GE has been left with billions in stranded fossil fuel-related assets as cheaper alternatives curbed industry demand for coal and gas."
"Some people would suggest that the gas business is dying (and) there are certainly structural challenges afoot," ~ Larry Culp, GE CEOhttps://news.yahoo.com/ge-lost-billions-misjudging-renewables-report-114015514.html …
The exact same scenario is hitting the auto industry now and it will be brutal.
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