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tv   Counting the Cost  Al Jazeera  March 27, 2024 7:30pm-8:01pm AST

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the change is going to occur when you turn that science into policy. you gotta go to court and get people in trouble. dying coming soon, the, [000:00:00;00] the hello, i'm elizabeth put on and this is counting the cost on ellington c r u. we keep look at the world of business and economics this week, nuclear power, as back in the energy debates, many nations are expanding, the police have
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a ton of plans. so is it on the verge of a very nice homes? the e u has pledged plenty of dollars to cash strapped egypt, an upgrade and the relationship to a strategic partnership. so what's behind the deal and take talk phases of band and the us of a national security concerns. but the measure could had creations and businesses where it hurts most the critics say atomic plants and dangerous, expensive and take a long time to build the nuclear power is being touted by some as a clean source of energy. well, many nations a meant to be called the not as an out building, new react is which and mainly supplied by china and russia. and 22 countries pledge to triple the nuclear capacity by 2050, the cop 28 climate summit. last year, the international atomic energy agency expects global nuclear power generation to reach an old time high next year. it says investment will need to move in double to
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$100000000.00 by 2030 to meet the powers agreement climate target. so let's take a look at the expansion of nuclear plants, leading the race as china with $23.00 react is under construction, india has 7 to kia has for the united states, remains the top producer of nuclear power. it's investing millions of dollars a new technology such a small margin to react as known as f and mazda it easy it cheaper to build, and also flexible. let's see for locations unable to accommodate traditional launch a reactive as well as a few would with low enriched uranium. russia dominates this market with almost hospitable as commercial capacity. there are only 2 major west and supplies of and richmond services. they are francis of ronald and your rank code, which is a u. k. gym and, and dodge consulting and china has built in richmond capacity to meet its own needs . now, in parts of europe, there was still resistance to nuclear energy. germany, italy and miscellaneous,
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phased out nuclear power for electricity generation of the environmental concerns and fee is of another accidents. so it just depends because she made disaster in 2011. but elsewhere, there was renewed interest in nuclear power and that the global energy crisis and common mutual goals. the international atomic energy agency expects up to 13 countries to start producing electricity from nuclear power within the next few years. and they include bangladesh and egypt. the i is quoting on global development backs to funding new projects, warning that a failure to invest in nuclear power could delay the energy transition. will lead us have gathered in brussels for the 1st nuclear energy summit. i somehow bought our reports to this summit is a remarkable indication of that changing political landscape no volley, 2 years ago in europe for example, the 10th was basically to scrub nuclear plants reactors and move to renewable
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energy except the 3 key fact. so as them the, and they, they some change of how to happen. climate change and people concerned about the future. warning, ukraine's european saying that it was about time to devise to find themselves away from russian enforce. and they're concerned about the volatility of the energy market, and particularly the potential for the complex and was in the, in the middle east. so they said that there's absolutely no way we can to rely on renewable energy of the only way out for us to be able to move to more sustainable economy is to expend the nuclear energy capacity in different parts of the. well, it's a problem that to keep layers, for example, the french and the germans. don't see i. so i, when it comes to this, the french up above that expanding the germans shut down all the remaining react to spanish watering suit with the germans. but however, you have many of the countries like hunger, you check. yeah. and many other countries in europe,
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expanding and building more reactive. so how to narrow the differences between these countries. there is a hope that in the summer they would be able to convince many global key players and which countries to for more investments into this more and more than the reactors and the advance mode that are reactors. these are very small reactors require less investments and whose safety features, uh more improved. but you know, you have to get to the point where you can establish at a vast the chain of supply to be able to commercialize those reactors and made them available in the market. and that's so for the, for the well the, the meeting of the summit which is basically to get to the point where by 2050, the reason the targets of saying that with finally climate, you to push them on the bottom. i was just beautiful. counting the cost brussels.
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joining us now from powers is pull dawson, who's the founder and chair of the nuclear consulting group. thank you very much for your time as adults. and so as will lead as meets the 1st nuclear summit. why is atomic energy back in the debate? it's actually difficult to understand why the nucleus black in the debate. so it couldn't be basically, it's a bit of a loss. john's gone for nuclear renewables, about 4 to 5 times cheaper than your new care. 87 percent of the new electricity generation capacity worldwide in 2023 was new renewables with nuclear nowhere. and one of the key energy instincts, organizations a world wide, including the international energy institute, say that renewables will do the heavy lifting for net 0. so why then is the international atomic energy agency and a few others saying that nuclear is so important if the world is to transition,
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you know, to clean the energy? well, i mean, the head of the idea is just met with bush outside to the syrian dictates a in damascus to agree on a new engagement between the i a e, a and syria rushes is a major play in global a civil nuclear. so there are some significant questions to ask about some the relative morality of, of, of this new fuel push it is being talented as a clean or clean energy source. is it not? well that if you take into consideration you and your mining transport processing, the operation, the commissioning waste, then absolutely not. and then if you're then going to think about accidents incidents, trying to focus shame a 3 mile island and the risks involved. i mean, we know what's been happening is uppercase here, where the grace of god,
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according to us. uh and uh, you know, we've escaped to a disaster so that some very real questions associated with this. you can push, which is to assign a sent last name, p r. okay? so you're assessing the question and begins to international atomic energy agency and the agenda. but what about institutions like the international energy agency base for can january of the importance they said of the nuclear come back to meet the increase in global electricity demands. yeah, but the international energy agency themselves say that renewables will do the heavy lifting. and if you want to talk about some substantial institutes, the i, p c. c, the international panel on climate change stage, quite clearly that we have to really get emission style by 2030. now the i p c will also say that renewables up 10 times better the nuclear
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mitigating c o 2. and then let's go back to code 28. now the big news on culture for nuclear was it nuclear wanted to be expanded 3 times by 2050. that's 3 times by 2050. the same code 28 said they wanted renewables expanded by 3 times by 2030. so new to 2050 renewables by 2030. now, what does that actually mean? that means nuclear 1.2, terrible, it's by 2050. i'm renewables. 11.5 tire. what's by 2030. so according to the science of nuclear is still marginal. okay. you mentioned, you know, is that the regime in ukraine, how do you think that how do you assess the defenses at the moment to mitigate nuclear and accidents and countries that use nuclear power,
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especially as there was such a big push for us at the moment. there is a push, i mean that's for sure whether it's a kind of a last chance, goss premier, to push in structures, policy finance before the all this advantages of renewables. it's too obvious to, to deny. but in terms of, of what we have. um, it's actually very difficult to defend you. there's no way military, but you can defend a, a new 2 sides increasing how unstable weld uh, that could be a problem. most specifically, when one thinks about climate, new care has to be situated by the coast. large bodies of water or river, we know what's gonna happen with the coast. what's gonna happen is at sea level to rise, but the key concern is storm surge. where basically all the sudden that's where the conditions, the sea basically ops and moves in line. so the real problem with nuclear is that it may actually prove to be a climate casualty and a significant climate casualty there. of course,
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many of the challenges isn't that there are so many reactive that supposed to be being billed right now that are in the number of countries that are delayed, that are costing many times as much as they were suppose to. we are seeing a lot being made of smooth. want you to react as do thing that they, missy gate. any of the challenges posed by the traditional launch a reactive. it's certainly true that laundry act is a huge here because some things you have a time usually can only be built with voss public subsidy, which is why as a new chipping built in combining to control states like russian china into a certain extent. an outlier erie a patch to you. okay. um now the issue as a mazda a small model you wrapped is, um, basically there's no one s m, a in commercial production anywhere in the world. that simply doesn't exist as the most us still in development. and the great 2 of us,
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the most was new scale as in law in the us. and that went to uh, that went to almost bankrupt a few weeks ago and is, is of the cost. so this is the very real questions, associations with us and my us not least the question of proliferation and security and safety. that's the document. thank you very much for your expertise on this. pulled off, none of the new k consulting group in paris. thank you. smell a drought in southern africa as effect in food production with crops dying from a lack of bullshit. san b, as government has declared a national disaster and the rest of the region is also on the pressure. hardwood toss a report from head out a range would be an erratic for months in zambia, some farmers are now improvising to try unhealthy cops devised the heat. the drought has been declared a national disaster by the government would invest as $5000.00 we expect at this
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rate. hopefully we can break even for the that is unless the rest of the pharmacy might have not been able to save that. are facing a 100 percent invest the draft is also affecting mining and lemme to get it to to begin ration from hydro power, zambia africa, 2nd largest copper producer plants, the import and russian power, according to the world food program. but it's one southern malawi, eastern angola, and positive mozambique ends. and bob, we are also in trouble. mays is the staple food ins involved. we and the rest of southern africa as it gets hotter and dry across the region. meaning more families will need help to keep themselves fit than bobby's government is working with agencies to assist communities, people living in dry regions or some of the most vulnerable put him and i've, i've had him as his i called my maze crap was the disaster. i have 2 fields, all the crops,
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are they'd the resources onto enough to help everybody on funding has been a challenge in these will continue to be a challenge because it is list is i know it's always available. so they have in means to get up to about $4.00 to $3000000.00 of which only 55 percent of that budget is funded for god bless you. so you can see that we actually have a huge ad is, will skip the drought is expected to slow down the economic growth of countries in the region and food prices are continuing to rise. that's making life even more difficult for millions of people in southern africa who are already struggling hard on my task. so i'll do that for counting the cost of the agent as an impulse and supply of natural gas to hear of the after nation is also
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a transit route for migrant seeking to cross to the continent. the use worried conflicts and gaza and saddam could drive move refugees to its shows on woodson financial troubles in egypt, which plays a vital role and regional stability. the block has announced more than $8000000.00 and $8.00 to the cash strapped nation and upgraded its relationship with the kyra. today marks a historic milestone with the signature of our joint a corporation for strategic and comprehensive partnership. and given your political and economic weight as well as your strategic location in a very trouble neighborhood, the importance of our relations will only increase overtime. to the deal comes with concerns as well as planned ground defensive on the region of alpha and gaza could force hundreds of thousands of people into egypt sign i potential to egypt already host more than $9000000.00 migrants and refugees. president, top of the fact that i'll see, see,
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read related has nations commitment to cutting and legal migration. but the discussions address the importance of continuing to confront common challenges for people. most notably illegal immigration is, as we affirmed our commitment to combating this phenomenon as these the day is the latest in a series of agreements between the e u and most african countries and at stopping the flow of people across the mediterranean to europe. $5000000000.00 is for macro financial assistance. that's a loan. the e u is offering with low interest rates and favorable terms to help stabilize a just fleeting economy. a mix of grants and loans paid over 3 years will allow egypt to better protect board is particularly with libya. it's a k transit point for people from being one poverty, an applicant, and the middle east, and a u. funds will support egypt and hosting almost half a 1000000 refugees from saddam most have fled the needed year long conflict. their rights groups have condemned the deal. human rights watch criticize what it labeled
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. a use cash for migration control approach, saying it's twins for terry involved as well. betraying human rights defend is joining us lawyers, an activist whose work involves great personal risk. joining us now from the is osman technologies in economic and political risk analyst, and middle east and north africa director at the global council. thank you for your time, mister. and it's often said that egypt is too big to be allowed to fail. isn't that how important isn't economic? it's political stability to the region. well, egypt economy, besides, if it's population, it's proximity to europe and its importance to the mediation process in the israel palestine. conflict means that you couldn't witness a place like egypt to send it to greater economic term, especially as, as we've seen increasing numbers of egyptians use libya as a culture and bar cation for european found irregular migration. and the software
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gets that before the 7000000 package from the u was approved, agents economy was on the break. and when do you imagine approve this long earlier this month and a $1000000000.00 law, the you felt that it was confident that he was going into a, into a direction of economic reform. and the i'm s o m s approval was a seal of approval, then you're going to, you could feel confident. yes. that it could extend this into to each, especially because the i m. s 9 was of course, dependent on egypt flow, saying it's common. see, wasn't it you deal just the latest. you mentioned the, i am at the united arab emirates investing billions of dollars just how much will these grounds these lows. these investments help the egyptian economy not just in the short term, but in the long term between the island and the you and the world bank. i'm the, i'm a rocky blanche. egypt has not received close to $57000000000.00 of financial pleasures . and this will be enough for egypt to meet its hard currency requirements. in the
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short and medium turn in the lots are beautiful make to make to make more difficult choices. it will need to reduce spending on the projects with questionable economic returns. and they will need to develop its export, declined the egypt, and imports a lot more than its exports, which is what causes this fund in squeeze in this foreign exchange crisis. and more importantly, you will need to create a level playing field between the state and the private sector so that it becomes a more competitive economy. yeah. and a lot of criticism of the ministry in the states finance. this isn't that you touched on what's happening? oh, the egypt border with god. so just how worried is the european union about what's happening and gaza and what that could mean for the flow of refugees into the continent? well, europe is more is worried about a couple of things with regards to guys. of course of the displacement of hausteen's if goes with the sides. it's the israel, besides the loss and operation into profile, there will be
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a high risk of displacement into egypt which will create more economic pressure on, on egypt. and of course, going to the strength of stem migration is pursuing the policy of border extra extra lives ation. by working with southern mediterranean springs to police, there costs better. i thought i better screening prophecies accurate to ensures when those migrants have arrived. and we shouldn't forget that this is in the context of european elections in the summer, where the migration is a very polarizing issue. when were you have? yeah, right? cleaning parties on the 2nd senior and the european union, the policy that you were speaking of the externalization of of security when it comes to refugees and migrants. it's been criticized before and the european union's own rights. what stock has criticized the laces deal saying that it falls short on human rights safeguards? how effective all such deals? well, the debates between values based versus security based approach to,
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to asylum seekers and irregular migration of the, the resources that europe is plowing into northern african economies. i see to streaking the symptoms and not the root cause. the root causes economic mismatch. it's meant to and costly, it's happening from the health to north africa, to east africa, and economies that are failing. so these, these, these are much harder issues to solve it. so you're off for a band aid solutions helping to stem migration using the security based approach. and just lastly, mr. has all given that 2 thirds of egypt, sions a currently living under the poverty line. how much do you think that all of these latest bronze, these loans will help the average egyptian? well it's, it's hard. it's hard to see. and a medium box to this, you know, to this trickling down to the, to the ordinary egyptian districts have been suffering from the shocks. the fun stomach, the loss of tourism arrivals from the pest demick and you have this was kind of
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a reduction of revenue. so in the sense and then you have to put the conflicts in circling egypt and against the down and the gaza. so in terms of long term, beautiful need to have a structural reform to address address a trade deficit then a desk burden. that's, that is driving the junction people's down and causing inflation and eroding their quality of life and increasing the poverty level that you discussed. hello, thank you very much for your time. i a thank you. tech talk has brought us as an influence is overnight fame. the app is one of the most popular social media platforms with $170000000.00 uses a month in the united states, the lower box, it's owned by chinese company by tons of the us as defense, ties with badging questions, national security, the senate could soon possible to band tech talk, if the chinese on a doesn't sell at stake. the content creations and millions of businesses who make
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and live in posting videos could be effected. took talks as more than $7000000.00 small businesses in the us advertise products on it's app generating nearly $15000000.00 in revenue a yeah. the food and drinks industry of the health and wellness sector advertise most on the platform. and amazon is the largest single advertiser on sic, talk in the us as invested to $22000000.00. and as in 2022, followed by a television network, hbo, which spent $19000000.00 with joining us now from london is vinnie led on vis. he's a professor of economics, so shell, the g and digital social research at the university of oxford and also of the book cloud. empires, thank you very much for your time. seriously. can you briefly talk us through how people make money on tech talk? well, there's a few different ways that people make money on take talk to take them, does pay some content creators of the pages of use,
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but the pay ups tend to be smaller than on. for example, youtube creators can also receive virtual gifts from us which translates into additional payouts, but creators tend to make the most money by producing sponsored videos that advertise products and creates those can also directly sell their own merchandise. okay, around a 3rd of us adults use tech taught. we know it's especially popular among young adults and tech talks as the 7000000 small businesses in the us use the app. so what does that state for creations and for businesses to take talk has been especially important for small businesses to find new consumers. and it's been important for a lot of the creators who produce the sort of the content that goes viral and, and, and follows trends and appeals to the kind of mascot, a personalization. alberta them now take talk is
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a build time. can the content creators and businesses have the same success on other platforms like youtube, like instagram, the, the absolutely could or, or let's say if the textbook disappeared today, instagram and youtube would probably pick up most of the business. but it's not necessarily the same business as the same advertises on the same creators that would strive on instagram and use youtube because take talk is mentioned is all about appealing to the algorithm and, and following these hyper fast changing trends. whereas the other platforms are a little bit more about cultivating an audience of regular to follow us. so the total size of the 5 probably wouldn't shrink that much. it picked up suddenly disappeared out of the same. but that would be a bit of it. redistribution for our off off again come from some creates as to others and some small businesses would,
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would probably lose out. and now there's possibly can. okay, so on the redistribution, how much would the tech talk bad benefit of the social media companies? well, the textbook share offering esco's video ad spend in the us according to data from the market to is about 6 percent. and youtube says about 8 percent and meadows, which include sales to ground and on facebook is about 30 percent. so we're not talking about that huge a, a part of the pie, but still noticeable. and then when it comes to the creator and calling them, it's much harder to say because there are really reliable statistics evelyn available on it. yeah, take talk, finances on poverty, disclose this, what kind of response looks right. um, can we expect from china if tech talk is indeed banned in the us? well, china already heavy, restrict spar and media ownership. so for instance, apple's media platforms like um,
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apple tv and apple books are already not available in china, and youtube is not available in china. instagram is not available in china. so the potential for us to the textbook top response seems pretty limited. but of course, china could respond in some completely different way, and this could easily accelerate the so called tech will between us and china. that's so far being playing out in, in uh, mike projects and, and 5 g networks and then clogged data centers because both superpowers view the global success of the tech sense as a central to jail political power today, they don't have it. so thank you so much for setting life on this for us. we appreciate it. thank you very much, elizabeth. and that, as i show for this week, get in touch with us on x, formerly known as to us that i'm at, and is put on him to use the hash tag h 8 c t c. when you do or drop us an email count of the cost at, i'll just say
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a dot net as our address and as well for you online at onto 0 dot com slash ctc. that'll take you straight to a page which has individual report links and into episodes for you to catch up on the and that's, that's the best edition of counting the cost on elizabeth put on them from the whole team. thank you for joining us. the news on al jazeera, this next the latest news as a people have been coming here all day to pay tribute to those who lost their lives . vladimir putin has called the attack of bloody and barbaric app with detailed coverage. so many people are out tonight to celebrate perhaps a change for the typically people from around the world. joe biden says the federal government is committed to rebuilding it. there's no indication of when that
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process might even begin in the bigger global electron jada in history. the was biggest democracy off its own epic. so don't join main street of oxygen for a new for bought be focusing on india. in this episode i'll be examining where the democracy is being undermined as political opponents of prime minister in that in there will be a free thing, an avalon that often charges even before full talk. com being the port spots due on the the, the families and gaza facing unimaginable hardships during times of crisis. solidarity is a strong this defense against injustice. and we've been in gaza since 1991 doing life saving look. your generosity can provide value to support to those west effected because he met dulcie stella. you'll see showing the brightest d c. now tonight,
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today the, this is really strikes, hit residential areas is central and southern, gaza killing at least $76.00 palestinians in the past 24 hours. the challenges 0 life or my headquarters. in delta, i am getting an applicant into also a head's because by law fires barrage a for our kids into northern israel after and is really straight killed. 7 people in southern lebanon, the star

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