- Likely among the clear winners in the EPA's new carbon framework will be engineering giants General Electric (NYSE:GE) and Siemens (OTCPK:SIEGY); every utility that moves to overhaul a gas plant with more efficient turbines, or makes the bigger switch to natural gas from coal, could represent a customer for those companies’ high-efficiency turbines.
- GE only sold a few of its top of the line gas-fueled power turbines in the U.S. last year, continuing a streak going back more than a decade, but new regulations on carbon emissions could eventually mean better results.
- For Siemens and some of its industrial peers, the government’s push for more efficiency could prove profitable in other ways, if it spurs capital investment in energy monitoring and efficiency systems they also make.