GE CEO: U.S. energy grid a relic, hurts business

Newswire

* CEO decries lack of coherent energy policy * Says U.S. energy regulatory framework is "stupid" * GE expects $20 bln in clean tech revenues * Says company can expand its clean tech business overseas By John Crawley WASHINGTON, Sept 23 (Reuters) - The U.S. energy grid is a relic that is not capable of sustaining electric cars or other renewable initiatives on a large scale, the chief executive of General Electric Co said on Thursday. Jeffrey Immelt told the GridWise global energy ...

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