Newsbytes: Green Energy Disaster Sinks Siemens CEO

From Dr. Benny Peiser and The GWPF Merkel’s Green Shift Backfires As German CO2 Emissions Jump – solar business closing Siemens, Europe’s largest engineering company, has lost patience with its CEO after Peter Loescher’s expansion into green energy and expensive acquisitions led to a fifth profit-forecast cut. Supervisory board officials have asked for the 55-year-old…

About these ads