General Electric Co. (NYSE: GE) and Wal-Mart Stores, Inc. (NYSE: WMT) are two well-known companies at the forefront of "being green." In GE's case, the company manufactures a wide range of eco-friendly products, from wind turbines to light bulbs that use less wattage per bulb. And Wal-Mart is trying to make its stores, trucking fleet and even retail products green-friendly while helping its customers do the same.
GE CEO Jeff Immelt said recently that he "works for investors." This was in response to questions about the U.S. government being increasingly involved in regulating greenhouse gases produced by corporate America. Said Immelt, "Look, I've never voted for a Democrat!" At the same time, GE takes government subsidies for making its eco-friendly wind turbine products, a fact brought out by a question Immelt took at the first-ever ECO:nomics conference in Santa Barbara, California.
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