General Electric Chairman and CEO Jeff Immelt yesterday said the company will double its investment in researching cleaner technologies--including aircraft engines--to $1.5 billion annually by 2010 from $700 million in 2004 under "ecomagination," which the company described as an initiative "to bring to market new technologies that will help customers meet pressing environmental challenges." At a series of events in Washington announcing the program, Immelt said, "Ecomagination is about the ...

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