People need to realise that their governments are sitting on finite resources that will run out one day. Subsidising power and water is not an ideal solution and does not help reduce consumption. We need to educate people, from a young age, about the importance of conserving energy in their daily lives.

It used to be that American and European companies built their products in low-wage countries, separated by great distances from the innovators who developed the products and the markets where they were sold. But companies increasingly find that is an outmoded way of doing business.

Energy consumption has to be managed by an intelligent grid when it comes to highly populated areas. Smart-grid technologies allow for the integration of renewable energy into the grid as well as energy from distributed sources.

Joe Kaeser Quotes