General Electric plans to stop making new coal-fired power plants

General Electric, one of the world's largest makers of coal-fired power plants, said on Monday it will stop making new coal-fired power plants.Asian Metal Copyright .Asian Metal Copyright The US industrial conglomerate will shift its focus to green energy.Asian Metal Copyright General Electric said the exit from the coal business could include divestitures, site closures, and layoffs.Asian Metal Copyright General Electric said the exit from the coal business could include divestitures, site closures, and layoffs.

However, General Electric will continue to service existing coal power plants, and it's still in the natural gas business.

.Asian Metal Copyright General Electric said the exit from the coal business could include divestitures, site closures, and layoffsAsian Metal Copyright