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at CUSEC in Montréal. my estimate now is that *every* climate change model is 100% speculationClimate of Extremes: Global Warming Science They Don't Want You to Know
By Patrick J. Michaels and Robert C. Balling, Jr.Environmental Capital - WSJ.com : General Electric: Thank Heaven for the Energy Business
An in-depth look at consistent, solid science on the other side of the gloom-and-doom global warming story that is rarely reported and pushed aside: that global warming is likely to be modest, and there is no apocalypse on the horizon.
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Publication Date: January 2009
Broken record alert: Once again the only real bright spot in GE’s business was energy infrastructure. GE chief executive Jeff Immelt figures the world’s infrastructure binge will keep that business—GE’s “sweet spot”—rolling in a diffcult 2009.
The energy unit was basically the only division that kept its head above water in the fourth quarter, with sales up 21% to $11.4 billion and profit up 11% to $2 billion. For the year, energy sales were up 26% to $38.5 billion, and profit rose 26% to $6 billion.
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...GE’s been clamoring for government action to tackle climate change and support a shift to more clean energy, which, of course, is a big part of GE’s energy portfolio. Thanks to President Obama’s victory, and Congress’ plans to tackle the energy crunch this year, GE can probably find at least one glimmer of sunshine in an otherwise dark sky.
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