General Electric Company Todays Challenge, Tomorrows Markets

WRI Sustainable Enterprise Summit 2004 March 17, 2004

Mark Stoler Corporate Environmental Programs General Electric Company

 Technology Change Growth Products Research Internal Operations

. . .In The Last 12 Months

GE Lighting and Appliances businesses win 2004 DOE/EPA Energy Star Partner of the Award GE Energy introduced the CMS 100TM, the worlds most efficient simple-cycle gas turbine GE Global Research Center scientist named* as one of the worlds 100 Top Young Innovators for research in clean power generation technologies GE Transportation launched a new fuel-saving technology for non-GE locomotives GE Advanced Materials introduced new products allowing auto manufacturers to substitute resins for heavier glass and metal, improving fuel efficiency GE Wind Energy installed over 900 wind turbines

GE believes in addressing our customers needs for more energy-efficient products. Were well equipped to do this. - Jeff Immelt, 2003 GE Annual Meeting
*Technology Review Magazine

Technology
How Does This Happen in a Company with Diversified Businesses? Technology and Innovation Listening to Customers
FEED + O2

IGCC - Low CO2 Capability

SULPHUR STEAM CCU CARBON DIOXIDE ELECTRICITY

Anticipating Needs Knowing Trends

QUENCH WATER SHIFT SLAG

SATURATOR MAKE-UP WATER

Energy Efficiency Integral To Growth Strategy

Five Initiative Strategy Technical Leadership Services Customer Focus Globalization Growth Platforms
4 New Products in 2003 H SystemTM Gas Turbine 3.6MW Wind Turbine GE EvolutionTM Series Locomotive Engine GE90-115B Jet Engine 5-15% more energy-efficient than our current market-leading products

Energy Efficiency Integral To Research Focus

Solid Oxide Fuel Cells Photovoltaics Hydrogen Organic Light-Emitting Diodes Sponsor of Stanford Universitys Global Climate And Energy Project -- Collaborative Research Project to identify and develop alternative and
next generation energy technologies (gcep.stanford.edu/)

Internal Operations
In 2003, completed first GHG Inventory for year 2002 (http://www.ge.com/en/commitment/ehs/climate/immelt.htm) - Covered more than 600 global locations  All manufacturing and assembly plants  All business unit HQ offices  Research facilities  Service locations with more than 50 employees Second inventory underway Developed a GHG reporting module based on existing proprietary GE web-based EHS operating system

Public Release of GE Greenhouse Gas Inventory

Considerations In Inventory Planning & Analysis

Scope Purpose Protocol Documentation De Minimis Determinations Data Quality Managing Change Year Over Year

The Future
Intensity Reduction Planning Products & Research Getting Ready for Trading

GE stands out as being especially well-placed with respect to providing low-carbon solutions to a number of key greenhouse gas emitting markets. -- Carbon Disclosure Project 2003