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Steve FludderFebruary 27, 2009

Global Roundtable On Climate Change

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The Challenge

CO2 emissions q 80%

Decoupling needed

Technology is key

Our Generations Moonshot

0

10

20

30

40

50

60

IEA Reference Scenario

80% reduction path

2005

1990 2000 2010 2020 2030 2040 2050

Global Energy Related

Emissions (Gt CO2/ yr)

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Business Strategy

Driving Innovation and Growth of

Profitable Environmental Solutions

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1. Grow revenues to $25B

2. Double R&D to $1.5B

3. Reduce GHG 1% absolute

4. Reduce water20% absolute

5. Inform & Engage publicTransparency

by 2010

by 2012

ongoing

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A sustainable business strategy

INVEST$1.5B in R&D

GROWRevenue to $25B

REDUCEGHG/H2O Impact

Technology

Profit

Save

UseGEnx jetengine

PV solarpanels

20% more fuelefficient

Iberinco 10MW carbon-free electricity

Caceres,Spain

lower emissionsfrom jet test rig

solar at GE HQ

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Reducing our own footprint

q $6.5MM, 59k tons CO2

Lighting @ 46 plants

> $100 MM savings

5,000+ projects6.5 6. 5 .25 .5 . 5

'0

'04 GHG Emissions (MM MT / yr)

'

' GHG Intensity (MT / $MM Rev)

'

' Energy Intensity (MM Btu / $MM Rev)

'

' Fresh Water Use (Billion Gallons)

12 Commitment

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Revenues ($B)

Innovative technologiesnow

'05 '06 '07 '08

1012

14

17

10

goal

25

y 80 certified productsy company-wide

solutions

20% CAGR

Carbon

Water

Energy Efficiency

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Innovative technologiestomorrow

$1.5B by 2010doubling our

2005 investment

Wind

Solar

Carbon Capture

Energy Storage

Hybrid evo

OLEDs

GEnx

AdvancedDesalination

Turbine Efficiency

Zero LiquidDischarge

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Carbon Mitigation

0

10

20

30

40

50

60

IEA Reference Scenario80% reduction path

today

1990 2000 2010 2020 2030 2040 2050

Carbon Capture& Sequestration1

Nuclear1

Renewables& Biofuels1

EnergyEfficiency1

1. Source: International Energy Agency World Energy Outlook 2008

Global Emissions(Gt CO2/ yr)

d

14%

12%

27%

47%

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Carbon Mitigation at GE

CCS-New Gen IGCC & PrecombustionCapture

CCS-Retrofit Silicone Based Solvents

Nuclear ABWR / ESBWR

Wind 1.5 & 2.5 MW

Solar PV / Thin Film

Biofuels Co-fired Gasification

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Energy Efficiency Entitlement

Industrial

Residential

Commercial

Transport

Supply:Power

-53.0

-34.5

-13.8

-13.0

-21.0

*At >10% IRR, McKinsey

** 06 Usage: 100 Q BTU,EIA

Sector Global Efficiency Opportunity (-Q BTU / yr, 2020)*

Total Entitlement:~130% of US Energy Use**

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Energy Efficiency at GE

Sector Products* Growth with early-stage companies

Industrial 8 Advanced Processes

Residential 6 Smart Homes

Commercial 8 Lighting Systems

Transport 16 Energy Storage

Supply:Power 10 Smart Grid

Supply: Fuels 3 Advanced Coatings

*Certified Ecomagination solutions as of 12/08

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Development Stage

Proof

of

Concep

t

Pilot

Stage

Early

Sales

Growth

Stage

GE Energy Financial Services VC / Growth Portfoli

*Excludes 1

undisclosedinvestment

EnergyEfficiency &

Smart Grid

Renewables

Energy Storage

Oil & Gas

Transportation

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Engaging with Stakeholders

Government

NGOs

Public OpinionFinance

Technology

Policy

Employees

Academia

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ecomagination summary

Solving our Generations Toughest Challenge

Driving Innovation and

Customer and Shareholder Value

Challenge calls for Multiple Technologies

Organic and Inorganic Innovation

Engaging Broad Constituencies

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Offers unrivalled credibility, quality, and scale

Leverages leading carbon market expertise

Represents highest standard of scientific and

environmental integrity Provides diversified top-quality portfolio

Covers full spectrum of project development and

carbon asset management services

General Electric

GE Energy Financial Services: Over $20

billion in energy investments and

renewable energy projects

GE ecomagination: GE s commitment to

provide products and services that

generate significant environmental and

economic performance advantages to

GEs customers

AES Corporation

20% of global portfolio in renewables

AES Climate Solutions: 300 people in 26

countries and 700 offset projects

First carbon sequestration project in the

late 1980s

Carbon Offsets byGreenhouse Gas Services, LLC, a GE AES venture

GHGS invests in and develops projects thatreduce greenhouse gas emissions and supplies

clients real, independently verified credits to

offset emissions

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