Gretchen Hancock

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• Gretchen Hancock
• January 2008

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The world faces big challenges
Scarcity

• 1B people without water access

Security

• Known oil reserves being depleted

Regulation

• Kyoto Protocol Phase I in place

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Overall impact for GE

• Customers New collaborations
• Products Technical and commercial innovation
• Policy A seat at the table
• Employees Grass roots support, best talent
• Public opinion Message resonating

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• Grow revenues to 20B
• Double RD to 1.5B
• Reduce GHG
• Inform public

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Investing Across a Variety of Technologies
Gas
Cleaner Coal
Nuclear
Hydro
Fuel Cells
Solar
Wind
Biomass
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Calculating emissions

• GHG Inventory
• Annual
• Global
• 500 people involved
• Verified externally
• High degree of transparency
• Next Steps
• Quarterly gauge on large sources
• Link to AP systems

Estimated Growth
K MT CO2
Actual GHG Emissions
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Reducing GHG Lean Technology

• Energy Treasure Hunts
• Leveraged from Toyota
• Based on Lean Concepts
• Self-propagating
• Educate, engage, track
• Results
• 200 global events
• 650K MT CO2 IDd
• 300K implemented
• 100M in energy savings identified

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Reducing GHG Lean Technology

• Leaning the Test Process
• Started at Aviation - Peebles, OH
• CFM, GE 90 products
• Propagated throughout Infrastructure
• Uses Transactional Lean techniques engages
  engineering
• Results
• 30 reduction jet fuel per test
• 24 reduction in hours
• 500,000 gallons jet fuel saved

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Significant recognition
Analysts and Indices
Media
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Public policy a seat at the table

• Legislation climate policy
• Governments NGOs
• Regulation
• Setting the bar high
• Funding
• Federal, State Local
• Locally
• Permitting and coding

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Customer activations
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ecomagination means a commitment to solutions
New products every year that
improve operating performance improve environmental performance
Lower operating cost Improve value proposition Improve competitive position Significantly better than installed base Inherently green (wind energy) Meets third party standard (e.g., Energy Star)
and using the same to reduce GEs footprint
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The road ahead

• Accelerate diverse technology investment
• Educate key stakeholders about energy issues,
  cost and tradeoffs
• Anticipate and lead change, rather than just
  survive it

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