Make GE Pay

https://www.utilitydive.com/news/ge-badly-misjudged-the-clean-energy-transition-costing-investors-almost/556420/

GE 'badly' misjudged the clean energy transition, costing investors almost $193B: IEFFA The company bet big on natural gas when it purchased Alstom in 2015, but the market for new turbines has since crashed and it is working to grow its renewable energy business.

Everyone deserves to be thriving in their community with affordable housing, fully-funded public schools and quality public transportation. Unfortunately, some elected officials have disinvested in neighborhoods of color and places bets on multi-million dollar tax incentives for huge corporations. These corporations are not invested in our communities, and GE and Amazon demonstrated that today.

We refuse to stand by and let wealthy people and corporations buy up and push out our communities.

But by uniting together and fighting back, our communities can claim that which every human deserves: fully funded public schools, equitable and quality transportation and infrastructure, and the ability to thrive without fear of displacement or deportation.

We hope this is a message to all elected officials that games and gimmicks and massive taxpayer giveaways to corporations is no longer a game that we can afford to pay.

GE to sell Fort Point HQ, give back $87m in incentives to state - The Boston Globe The company plans to sell the site of its future Fort Point headquarters, but is staying in Boston.

https://www.bostonglobe.com/business/2018/10/30/new-ceo-takes-first-big-steps-slashing-dividend-revamping-power-unit/yPhj6rJwWb8WM7fc1rBs8H/story.html

GE’s new CEO takes first big steps by slashing dividend, revamping power unit - The Boston Globe General Electric slashed its quarterly payout to just a penny a share and said it plans to reorganize its ailing power division.

https://www.wsj.com/articles/what-about-amazon-dow-industrials-dumping-ge-for-walgreens-reflects-indexs-dilemma-1529533470

Our city has prioritized corporations that are more impacted by external forces than by our communities. Why doesn't investment include public entities and goods?

What About Amazon? Dow Industrials Dumping GE for Walgreens Reflects Index’s Dilemma The Dow Jones Industrial Average has ejected numerous blue-chip industrial companies over the past decade in an effort to adapt a 19th-century index to a 21st-century economy. That path has become increasingly fraught, in part because of the limitations of how the index is constructed.

Idea: maybe we should respond to dire infrastructure needs in the interests of citizens, not the interests of corporations.

‘Hi, It’s Amazon Calling. Here’s What We Don’t Like in Your City.’ Amazon held postmortem phone calls with almost all of the cities it rejected for its second headquarters shortlist, to explain why they didn’t make the cut. Now, some are trying to address those weak spots.