a big blow for GE and green Energy: it loses $1 Billion in its Wind Turbine Biz

Douglas McIntyre, editor-in-chief at Climate Crisis, reports on GE’s $1 billion loss in its wind turbine business, highlighting the industry’s difficulties with infrastructure issues, natural disasters and financing challenges. He discusses how slow government support and rising project risks are affecting the wind energy sector and warns that these financial setbacks could hinder the growth of wind energy, a crucial component of the green energy transition.