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Transcripts For DW Business 20240713

Welcome to the Program German Industrial Power siemens says it will stay involved in a controversial coal mine in australia the project has faced massive critic criticism by environmentalists as australia is struggling to contain catastrophic bushfires that many linked to Climate Change of head of the company says getting out of the 18000000 euro contract to supply Rail Infrastructure would have been almost impossible. As late as last week siemens chief joe kayser seemed happy to play the environmental awareness card but balancing green issues on the realities of business has proven too much of a challenge after a special meeting on saturday qaiser took to twitter to say siemens had to fulfill its contractual obligations. To keep its promises and make sure its customers saw it as reliable and on the case the indian conglomerate adani would build a mine in australia with or without siemens. The carmichael coal mine will be one of the biggest in the world siemens is providing signalling

Transcripts For DW Business 20240713

Environmental earth around the world have condemned german engineering giant siemens for failing to pull out of a controversial mining project in australia the decision came as somewhat of a surprise just last week siemens boss joe kayser met activists from the fridays for a future movement who urged him to drop the plans they say will cause further environmental damage in a country already devastated by bushfires. We are here we are loud because you are stealing our future these shout these 100 protesters consider siemens decision to participate in an australian coal mining project a historic misjudgment of fridays for future activists say coal energy is outdated. And pretty disappointed that siemens made the decision to invest in this project in australia because i really hope that they would make the right move and make a sign for the world that we can act differently to save the planet same insert new york consider backing out of this contract and in other cases companies have back

Transcripts For DW Business 20240713

He was well aware of the consequences of the project for him to nonetheless decide to go forward with it means he doesnt understand the climate crisis. The siemens boss argues that indian industrial giant adani would have built the mine regardless even without siemens technology. The car Michael Coleman will be one of the biggest in the world siemens is providing signalling technology for a rail line to transport coal to the east. The mind will pump out Carbon Dioxide its emissions output is expected to be equivalent to the c o 2 produced annually by malaysia or austria once the coal is burned it will further add to Global Warming environmentalists are also concerned that it could threaten the Great Barrier reef. Siemens decision to continue its involvement with the mine doesnt reflect current realities according to environmentalist they warn the protests against the company will continue. Lets talk about this with our financial correspondent in frankfurt only bots what do you reckon h

Transcripts For DW Business 20240713

Was well aware of the consequences of the project for him to nonetheless decide to go forward with it means he doesnt understand the climate crisis. The siemens boss argues that indian industrial giant adani would have built the mine regardless even without siemens technology. The car Michael Coleman will be one of the biggest in the world siemens is providing signalling technology for a rail line to transport coal to the east. The mind will pump out Carbon Dioxide its emissions output is expected to be equivalent to the c o 2 produced annually by malaysia or austria once the coal is burned it will further add to Global Warming environmentalists are also concerned that it could threaten the Great Barrier reef. Siemens decision to continue its involvement with the mine doesnt reflect current realities according to environmentalist they warn that protest against the company will continue. And talk about this with our financial correspondent in frankfurt only bots what do you reckon how c

Transcripts For DW Business 20240713

Your link to exceptional stories and discussions can you and will come student news actually program tonight from funny gentlemen from the news of easy now i would say d. Deputed close match africa join us on facebook d w africa. Environmental activists take to the streets they slam siemens or the c. E. O. Job cases announcement that the engineering giant pulled back a controversial kolbein in australia. During the robbery of a keen afonso local time producer tries to get motorcyclists to find locally. How to build your own furniture brands nigerian design of it tries to break into the mainstream market with contemporary african pieces. As its been called. Secret weapon in system of Vocational Training countries getting in on the act. And thats your business demonstrators the targeting zeman is offices in 15 german cities today they say the firms backing of australias biggest coal mine threatens well what if its to slow down Global Warming a stranger is the biggest exporter of coal and

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