This translation has been automatically generated and has not been verified for accuracy.Germany’s Deutsche Bahn expects the government’s 50 billion euro climate change package to generate the railway company’s biggest growth spurt in its 180-year history, the state-owned firm’s boss said on Sunday.
Although the package, in response to growing public concern about the impact of climate change, disappointed climate activists, individual measures such as surcharges on domestic flights and the VAT cut are expected to have an impact on the companies concerned.“We are now on the attack and rebuilding,” he said. Europe’s railway companies are expected to be major beneficiaries of a shift away from car and air transport towards public transportation offerings that emit proportionally less carbon.
The railway’s current ICE-4 trains are built by Siemens and Bombardier, but Lutz said the new units would not be of the same type. France’s Alstom is another potential supplier.
globebusiness Key point is the start of the public transportation model and hopefully, the beginning of the end of private transportation i.e. the dreaded automobile specifically combustion as is not sustainable and perhaps a cause to conflict in the world. Combustion's end may be a blessing..
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