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Siemens projects massive growth in green technologies and energy

Siemens predicts a record $55 billion revenue projection from green technologies
by 2014, after seeing a record $38 billion net return result from the global
Environmental Portfolio in 2010.

Siemens announced today that the original target of $34 billion for 2011 was reached significantly
earlier than planned after strong growth in the energy efficiency sector.

Brisbane recently played host to the final leg of the national Siemens Energy Efficiency Academy
tour, designed to help Australian businesses understand how to save millions of dollars by
reducing energy use and carbon dioxide (CO2) emissions from their commercial and industrial

“As Australia is moving into an increasingly volatile energy price market, businesses are realising
that taking measures to reduce their energy use not only improves their bottom line but is also one
of the easiest and cheapest ways they can reduce their CO2 emissions,” said Michael Shaw, Vice
President of Siemens Building Technologies.

“Forty percent of the world’s energy use is in buildings. Therefore, energy efficiency building programs are one of the most effective abatement opportunities today,” said Shaw. “The level of interest in the Energy Efficiency Academies over the past week, confirms a hunger by businesses to learn the best ways to reduce their energy bill and CO2 emissions.

Green technologies are top of mind for businesses as they look to make smart investments in
technologies – and the good news is that they’re available now,” said Shaw.

Worldwide Siemens customers will reduce their CO2 emissions by a total of around 270 million
tonnes, an amount equal to the total annual CO2 emissions of the megacities Hong Kong, London,
New York, Tokyo, Delhi and Singapore combined.

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