Welch identifies politically as a Republican.He has stated that global warming is "the attack on capitalism that socialism couldn't bring", and that it is a form of "mass neurosis".Yet, he has said that every business must embrace green products and green ways of doing business, "whether you believe in global warming or not...because the world wants these products".
Regarding the beliefs of climate change: “A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it.” - Max Planck
[1] https://www.bloomberg.com/graphics/2019-general-electric-ris... (Charting GE’s Historic Rise and Tortured Downfall)
[2] https://www.pbs.org/wnet/peril-and-promise/2019/07/ge-multi-... (How slow action on clean energy cost GE billions of dollars)
[3] https://ieefa.org/ieefa-report-ge-made-a-massive-bet-on-the-... (IEEFA report: GE made a massive bet on the future of natural gas and thermal coal, and lost: Investors lost hundreds of billions by GE’s misreading of the energy transition)
