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Adani Carmichael coal mine project

Update: After weighing the facts and consultation with 3rd parties it was decided to fulfil our contractual commitment and deliver technology for the Carmichael rail line. CEO Joe Kaeser released a statement explaining his view and decision.
News12 January 2020

Joe Kaeser on Adani Carmichael project

After a competitive tender process, we can now confirm that Siemens has been awarded a contract to deliver rail signaling systems for the Carmichael Rail Network. The digital system is designed to keep the trains running safely and efficiently. The mine has received the necessary approvals from the Australian regulators – including stringent environmental approvals – and has the support of the country’s major political parties. While we understand why people focus on this one project, we follow a broader approach in order to fight climate change and supply people around the world with affordable and reliable electricity.
Siemens drives decarbonization actively. We have set ourselves ambitious goals supporting the Paris Climate Agreement.
Siemens supports the Paris Climate Agreement and is making active contributions toward reducing carbon emissions all around the world. We were one of the first global industrial companies to set a clear goal of becoming carbon neutral by 2030. We provide our customers with innovative technologies. In 2018, these technologies helped reduce our customers’ emissions by more than 600 million tons. As a reference, Australia’s total CO2 emissions in 2017 exceeded 550 million tons.
Energy demand is still increasing rapidly worldwide, especially in emerging markets. Ensuring a reliable and affordable yet sustainable supply of electricity is of highest priority. While renewables are catching up fast, most electricity is still being generated from fossil fuels.
There is no single pathway that is appropriate for every country’s emission reduction efforts. Demand for fossil fuels will continue as a means of securing a reliable and affordable supply of energy. Our vision is to enable every single person on the planet to have access to electricity. We are committed to helping achieve the needed global expansion of power supply in ways that have the lowest possible carbon impact. For example, the Power Plant Business-to-Society Initiative undertaken by Siemens India aims to increase the efficiency of the country’s coal-fired fleet. This initiative is targeting potential annual savings in India of 100 million tons of coal and 366 million tons of CO2
Siemens actively supports the transition to a more sustainable electricity generation mix and the efforts to upgrade existing plants to make them as efficient as possible.
With our unique portfolio, we are actively contributing to a holistic, orderly energy transition across all industries emitting CO2 (including transport, steel making, buildings, chemical industries, and manufacturing). In this way, we are keeping the lights on for communities while the ultimate efforts to fight climate change are underway around the world. As a supplier of innovative technologies, we consider ourselves a leading partner for decarbonization for our customers and society.
We believe that leading technology is having, and will continue to have, the greatest positive impact on addressing climate change. Until it becomes possible to replace all fossil fuels with renewables, the world will still need coal and other fossil fuels – and they should be used in the most efficient way possible.
Today, the world’s coal power plants emit 10 gigatons of CO2 each year. Siemens has the most efficient technology for coal-fired power plants with an efficiency of 45%. If all coal-fired power plants worldwide were replaced with this highly efficient technology, it would help reduce global CO2 emissions from such plants by two gigatons – a reduction of 20%. This amount would be equal to reducing total worldwide CO2 emissions from power generation by 15%.