Financial Times FT.com

GE doubles eco-friendly product sales

By Francesco Guerrerain New York

Published: May 24 2007 03:00 | Last updated: May 24 2007 03:00

General Electric will today reveal that it has doubled sales from environmentally friendly products to $12bn over the past two years in the strongest sign yet that corporate America's drive to respond to climate change is beginning to pay off.

At a Los Angeles event with Arnold Schwarzenegger, California's governor, Jeffrey Immelt, GE chief executive, will say the company has $50bn of projects in the pipeline and is on track to meet its target of $20bn in "green" sales by 2010.

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