Siemens Chief Executive said on Thursday he wanted the future managing board of Siemens Energy to quickly set out plans to exit coal-generated electricity
"The fight against climate change requires a decisive change in power generation, as it is responsible for about 40 percent of global energy-related CO2 emissions," Joe Kaeser told an online general meeting on spinning out the power business.
"That is why I have asked the Managing Board of Siemens Energy AG to quickly present a stakeholder-friendly plan to phase out coal-based power generation."
