GE CEO Jeffrey Immelt today taking economist & reporter questions publicly at the Atlantic economic conference on manufacturing (& National Defense too since they are apparently connected these days as was stated during the questions.) He never mentioned #fracking explicitly but it was implied when the subject of LNG exports came up. Economist Greg Ip asked some pointed questions about why GE continues to offshore so many North American manufacturing jobs, undermining US economic sovereignty. A CBS news reporter got Immelt to fess up about his active involvement in Trans Pacific Partnership negotiations.
It was a GE nuclear reactor deal (& design flaw) that resulted in the meltdown disaster at Fukushima. The Japanese community are likely to hold Immelt personally responsible for his business dealings. So IMAO Immelt is pimping US fracking just so he can get his hands on the LNG & fulfill his promises to deliver both the Japanese & his Chinese friends into the TPP. Oh, & Greg Ip got Immelt to confess his least favorite Obama agency. Its no secret that its EPA. Immelt repeated a canard he has used before, stating that “EPA even prevents GE from running electric lines across state borders.” I have blogged here already about how this claim is a lie. Immelt himself is responsible for strangling more US innovation than EPA.
BTW @Greg_IP is one of the experts I follow on twitter. The following panel was about using “the cloud” for small business manufacturing innovation.