As fears about climate grow, Siemens CEO sees opportunities

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As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to help ...

DETROIT: As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to help manage the challenges.

Q: The United States and other countries are emphasising efficient buildings as one way to fight climate change. Is that what's fueling much of your growth predictions?A: We talked about our core markets, €440 billion, growing 4 per cent or 5 per cent. These are already markets driven by sustainability as well as automation and digitisation, which is, I think, where all the stimulus money goes.

A: Operators who run public transport see this whole thing coming back as life gets normal. It’s a problem currently but that will fade away. Any large city without public transport, it will not function. We discussed whether we would put money into the next generation of high-speed trains. We have prototypes running. This may be one of the finest trains Siemens has ever built. It runs about 300 kilometres an hour. It has the highest efficiency. It has an aerodynamic profile.

 

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