GE’s Impact on U.S. Energy Goals Tied to Environmental Liability

How General Electric Co. divvies up its environmental liabilities could affect the future of the energy-focused business it’s creating and the company’s ability to contribute to the Biden administration’s clean energy and climate goals, energy analysts say.

GE announced Nov. 9 it would split into three separate companies focused, respectively, on aviation, health care, and energy. The energy company will be a combination of its portfolio that includes renewable energy, fossil-fuel power, hydropower, and digital services.

The company plans to work over the next year to divide its liabilities in a responsible way, and plans to reach climate-change goals by ...