GE Chief Slams U.S. on Energy

General Electric Co. Chief Executive Jeff Immelt warned that the lack of a comprehensive U.S. energy policy and the "stupid" current structure of the industry are causing America to fall behind in new energy fields.

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Bloomberg News

GE's Jeff Immelt called the U.S. energy regulatory system 'a relic of 1860 or something' at the Gridwise Global Forum in Washington Thursday.

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