DAVOS: Baker Hughes Says Meeting Energy Needs and Cutting Emissions Can Make Financial Sense -- Market Talk

Dow Jones01-21

1156 GMT - Meeting rising energy demand while reducing carbon-dioxide emissions can be done in a way that also makes financial sense, Baker Hughes Chief Executive Lorenzo Simonelli says at the World Economic Forum in Davos. The American company has seen increased demand for sustainable solutions from customers in recent years. "We're actually able to provide efficiencies, lower cost of production by introducing new technologies that actually have lower emissions," Simonelli says in an interview with the WSJ Leadership Institute. "I think [the discussion] is moving away from the aspect of climate change and it is around what is lower-emission energy and what makes financial sense." (giulia.petroni@wsj.com)

(END) Dow Jones Newswires

January 21, 2026 06:57 ET (11:57 GMT)

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