GE’s Immelt Calls for ‘Long-Term’ U.S. Energy Policy

The U.S. needs a national energy policy that puts a long-term price on carbon as China and other nations surge ahead in green technology, General Electric Co. Chief Executive Officer Jeffrey Immelt said.

“China is green, green, green, green -- four greens,” Immelt said today during a presentation with New York Times columnist Thomas Friedman at the Gridwise Global Forum in Washington. He cited demand, innovation funding, supply chain and public policy as advantages for China.