SEC Ruling Sought On Challenge To GE 'Climate Change Policy'

The Securities and Exchange Commission (SEC) has been asked to rule on whether General Electric (GE) must justify its highly publicized "Ecomagination" campaign to its shareholders. The request for an SEC decision comes from a free-market investment group that owns stock in the energy company giant, arguing that the campaign is merely an attempt to appease environmental activists and makes little business sense. But GE disputes the need for SEC involvement, saying that its efforts to promote energy efficient products...