2 generations are not lied to connect with our community and tap into conversations you weren't find elsewhere. young americans, in particular, have been extremely critical of the united states as role in the us. the stream announces era on the, on the clock. this is kind of the cost to now to 0. your we can look at a lot of business and economics this week. the race for clean energy is gathering speed up. the technology to build green economies is mainly produced in china. come to us and the you catch up. the countries are looking into account fossil fuels, improves clean energy, put the change in energy system to restate the global balance of power and

profiteering on cleanup property developers and marketing air quality products for the rich the we bring coming another luxury the so then the race will clean energy is moving fast and then it could drive geo political arrival. reason reshape the balance of power as nations phase of the impact civic climate change global spending on the transition to clean energy hit record high as last year. about $1.00 trillion dollars was spent on installing renewable energy systems, buying electric calls and deploying of the technologies. but it's nothing like enough the world needs to invest well as a double, but to reach net 0 emissions by mid centuries. so which countries pulling ahead all when it comes to green investments? china is leading the pack for the whole mess. so, but with exactly $676000000000.00 invested last year, that's twice as much as, or a new countries combined. and more than double back of the united states,

wind and solar energy barrel. so storing, particularly in the united states and much of that is due to the inflation reduction act which pulled billions of dollars in green investment for care is a key player. and the best of cost it has is about 30 percent of the world's critical mineral reserves, and most of needed to develop renewable technologies from the democratic republic of congo to guinea. into moses. i'm big industries just booming for securing those minerals in the long term. well, that's an issue, especially for the european union and the united states. china dominates most of the supply chains. and this could help when geo political influence, while the shift towards renewable energy is global, some developing nations, a tapping into the market to secure their own supply and to attract wealthy investors to life is hardy and has more now, the renewable energy is big business. this is one of the world's largest

solar plants, built in morocco, southern city of worth. so it's not, it's part of a major plan to expand the green energy. the deserts intense sunshine may soon be crucial to power homes in morocco and beyond the heart of one of the largest storage facilities worldwide for such kind of the technology to allow us to produce electricity from sun even during the evening for around 8 hours during the night morocco wants to produce 10 gigawatts, a year of electricity from renewable sources by 2030. it's also looking to generate enough electricity from renewables and exported to europe, especially now that it's reducing us dependence on russian gas imports. this is really a game changer. i mean, country is really to use the depend on oral impulse. we've but merge on this over the nodes beat soto, we kinda know reduce the dependency on part input. olivia is also

shifting to cleaner energy. the south american country recently opened its 1st of the bio fuel plant to curve gas imports. the president says more will forward only the about the, the bolivia will not produce. it's owned by a fuel using the role materials produced by the farming industry. this is important, as we slowly reduce our dependency on foreign sources. olivia has vast reserves of lithium. the mineral is widely seen as the green energy fuel of the future. other countries and potential clients are taking notice of minimal mining as an industry advocate knows all too well for years, it's applied to others with raw materials needed to develop renewable energy. china has invested heavily. i assign a number of cooperation that agreement with a, a chinese companies to help us seeing the,

just the energy transition to ensure that you are able to expedite the renewable resources a solar wind. and we also looking forward to chinese companies to us or participating and our nuclear program for many countries transitioning to renewable energy is no longer a matter of choice. but ultimately a necessity. katia looked this with a yan elders here for counting the cost. well, from lowering this let's bring it in all guess. joining us from brussels is a song, the reading, dixon declared for sundry and his crew president of the club of room and an international climate change for later. and so we're in my review as well. we have, i'm going to dial, he's director of power shift, africa, climate, an energy think tank, a warm welcome to base sandria. i'm going to start with you 1st. if i can, at this shift to clean energy, it's on the way ultimately do you think in the end that this is going to change everything i can to the arrival of the industrial revolution. but it is absolutely

the arrival of the industrial revolution, but the only problem that i would say is that as much progress as we've made, the state of the transition could potentially backtrack. we're saying that because of fossil energy windfall, profits of 2800000000 per day, we're having a huge backtracking in terms of commitments from 1st of all energy producers, but also big multinational companies. so this could really have an impact in terms of the trajectory of the uptake of renewable energy. yeah, my habit is pretty evident that the transition is not going fast enough to another luxury because it's month investment. and we have the forces as well, you know, and to see that a huge saw and they asked to be able to hold the box is, you know, is really slow. it is some, yeah, there's a lot of changes really. it's up to people. yes. the option was going to be in

there, so the girls on the other to the doctor is going to shift to us. another good thing is you're good to go to is getting cheaper workstations. uh, with the highest, you know, as a, as a reminder to achievement, as all of the energy is going to cheap all the time off to the other diploma over time. okay. strides big, strong spring made especially in china. sun drained to china, leading the way, would you say a china is absolutely leading the way in terms of installed capacity. we're saying about a, 1453 gigawatts, which is a very big difference with the us and 2nd place around 388 gigawatts. we're also saying that the u is coming up and in 3rd place alongside brazil. but i think what's most important is that with this installed capacity, we're also continuing to see investments in coal. we're also saying that actually

there could be some issues with because of the impact of climate change we're getting in some places. for example, in brazil, less hydro power and these types of impacts are not taking into consideration. so the perversity of the market is the fact that actually climate could potentially also have huge impacts in terms of how much wind is actually blowing or not, or how much water we have or not due to climate impacts. yeah, very interesting. and how many sundry inventions, the china there is reliance on coal. it's still heavily dependent on like 58 percent of its energy comes from coal po. the biggest challenge to fix is the interest of coal or gas companies. i shouldn't have bought another company, which is why that large and so we want to continue to other actions. but it really

started the biggest these oh, we saw a they're trying to do use the call. well, we wanted to ship a call to see author's buyer for the all the people this like before. they just all the realty to see that countries a impressive filter, which is why the energy was the fucking of the industry. most of those, the youtube of like, you know, physical diesel. i'm a how much, how much is it for, for china to be dominated, he's so dominating the renewable industry is the biggest louisa. oh, we the solar technology bills. interesting. be the biggest consumer. oh,

no. the, the, another key. so you're the clinical man. so this multi is to be much carefully overall, this location of the water in these industries. so the we have the people that are needed for the problem edition is off to the how to how low and the to be able to select the toner. want to do that for the visual materials? the classroom because yeah, the visuals of bible alicia uses benefit the countries. no just the but the oh by the speaker. we just we have an opportunity to watch the

years. you know, the jump the illusion. you know, way the simple to solve. you know, way the. ready addresses the why, so the access to electricity, the police go to that has the bill that it was the come on as well as introduce the children and they helped people, you know, the finished floor was awesome. so the total was the issue. i had the rest of the go to the with the the, what you're talking about jackson's window of cool was on another problem which is accessing those crucial minerals, which are potentially a source of wealth for african nations and elsewhere in the world. but uh,

san drain also opens with it for a huge potential environmental degradation to access them to, to get them to mind the okay. yeah, i think there is, there's a variety of different impacts that we're going to see. and also power shifts. and i fully agree with mom and that we absolutely need to support africa in terms of a new type of economic development. but we do have to remember the ricochet affective our shift in terms of the value of change. one is the power politics will completely change and the influence of the whole shift towards renewable electrification will have a huge impact. we can see it through battery technology. we can also see it through renewables, technology, but also of course it will create new dependencies. so how do we ensure that we don't get stuck in the same types of dependencies that we've had on russian gas, for example? the other key issue is what type of financial structures do we put in place in

order to enable africa to truly be the leader. so what we've been working out at the club of rome and also with our initiative referral, is to create the fiscal space. because the fact of the matter is that africa can't truly be part of the transition or much of the global south. unless we enabled dot get cancellation, we put in place the right special drawing rights and fiscal assistance in order to enable them to truly become the leaders. this also means new types of partnerships with europe, with the united states, and also with china. and from a european perspective, i personally believe that it's the moment to open up a totally new pulse, neo colonial type of partnership with the african member states between europe and africa. think about clean technologies and infrastructure and what that means for their economic development. and also their export possibilities. think through the environmental impacts and bring some of the knowledge across from europe,

but from other countries like australia, in terms of new mining technologies and think through together how we can co create this transition so that it actually does work for everyone now. and i just said one other thing i just wanted to ask you and talk to you about the d. c in africa, have access to a huge amount of fossil fuel results is in the concrete base, but they want to get out. they say they want to get out of it, but the west to say, no, you can't do that. it's a west, right? to say that, you know, the worst you can begin to explain what was the age of the plot expansion as well in the united states. no denying cool of developing countries, the projected user. so since we're not the one key and the kind of policy, the usual, but she is the possible side of the careful

option. but we can actually also because i was watching what we have to do this lecture. basically we just don't want to use them. so well actually in the class i think there's an opportunity to see to little dot india, but the buyer just, we came to canada. i know we just left the phone for fall under the a see here. see the just be able to actually the the, the 1st come with releases to just, you know, the,

i see i wanted to look at how much, you know, the okay to rock this up. san drain was saying, a huge shift tear out we, how do you think this shift is going to change the balance of power? how's it going to affect the world g, a politically, to really well completely change the balance of power and some of the work that we've also been doing with the energy transition commission, you know, shows very clearly now that as i said, our dependency on renewables coming from china, our dependency on minerals coming from brazil, africa will mean that these will be the new energy players. but i think it's really important. we are at a tipping point here. we've seen the growth of renewables. we've seen the growth of the energy transition, and yet we're being told by energy producers recently, the fossil energy producers that they're pulling out of their renewable investments . and this is incredibly problematic because it's actually giving

a signal to the investment community that renewables are starting to get frozen. and that is meaning that actually private capital is not going to flow in the right direction. so i think it's incredibly important now that are leadership across the globe continues to stand behind a renewable energy transition. but as mohammad said, we have absolutely no choice. this is a planetary emergency, we're seeing the impacts of climate change across the globe as we speak. and so this is the time not to be fearful of a shift in geo politics. but to think very clearly about what that might mean in terms of impacts, a new relationships, a new partnerships that we need to build so that we can truly all co create this transition together. and that will depend on the real courage and the bravery of our leadership right now. not to start back tracking because they're fearful of the cost because we've seen, as mohammed said,

and as we've seen through all of our analysis. but the parity now is here, the costs have gone down. it is the moment to shift strong message from both you visa critical times as andre convicts in the class. i'm having to go. thank you very much. i thank you. of course we'll breed the same map and pollution is a universal problem that can lead to serious health issues. but money can play an important role in people's exposure to clean the rich people have the results has to manage pollution and purchase purifies among other products. the real estate market is tapping into that potential, but the environmental inequality is not just between households. the quality of that also differs from locally from one street to another, and internationally between countries. it wouldn't come back as this. lena is the most basic necessity for human life, but even this is not available equally in europe, the air is getting clean

a while inside inside east asia. pollution is increasing. adults to 6700000 air pollution associated desk. yeah. the majority of them are in asia and africa. this is driven by a range of things from different ways to generating energy and also our global system. that means that lots of these countries are producing products that are sent to the north and must be a countries oven as ation emission and missing transportation and agricultural methods like funding of crops or other factors. but there is also inequality within a city street to street, or even between high folds. people with lower socioeconomic status tend to leave you now. yes, we die your levels of traffic. for example, the close to into select communities, work conditions. you have a much more likely from ability to work outdoors if you are a poor person or in places that affected by your pollution. while a person on

a low income may need to cycle to what exposing themselves to pollution, a person with a high income can use an air condition call, as they would also like to have air conditioning or app your fires in their homes. while people are very loving, comes, may not even have gloss in the windows. and cooking is a major factor with 2300000000 people around the world. only being able to afford using heating message that all creating pollutants in their own homes. like open co fi as well, kerosene. in fact, real estate developers has begun offering cleanup as a feature. and some new apartment blocks have advance feel tracing systems built in . in the us, these homes are at least 20 percent more expensive than the equivalent with arch. all those studies show that in the us divisions are not only alone economic lines, but also racial. if you're black or african american person. in north america,

you are exposed to one and a half times the amount of particular rest of that you might be exposed to. if you're from a different community or the population as a whole. according to experts tackling air pollution, each policy change on a global, regional, and national level, rather than potentially exacerbating inequality bubbles of clean a imaging, kimber out a 0 for counting the cost. alright, let's get into this now with up here bhalla who joins us from you telee, he's an environmentalist and youth advisor for the come. well human ecology council . well coming to content, because up here tell us more about the side growing business of indoor equity and just how big the mock is, the banks date to be here? well, uh, you know, that is definitely uh, doing market shot or indoor air quality. uh when it comes to clean air because you know, the several effect of savings is whether its the safety out or for you shouldn't

that we see in deleon and the rest of the knob. and again, jet explained in india, and in done this, the, you know, this, the ocean dies has concerns built in the short term and the long term. and of course, you know, after cool that we seen that people have become more aware of the importance of l. the environments people are more aware that you know that the can be transmission risk even they belong to. and of course, you know that there is a box that is being generated today around the fact that in days want us to most of the you did countries in the word when it comes to equality. and you know, let's talk numbers. i mean, if we looked it in the way a quality, the a quality insight homes, especially during the window was found to be 15 percent was then the, i would say ok, you know, they started. so it came in the box. that's a big figures and i,

i'd say is this technology isn't good enough to deal with that kind of problem. there is technology, but as you know, video also pointed out it's in accessible to most people get an 80 to 90 percent of the gas. they exempt who cannot afford unnatural def file, because that average household income for the month would be about $20000.00 with is even the cheapest at the file costs at um, 50027000 movies. so how long do you think it'll take for this technology to trickle down to the poor communities? well, at least a couple of years, and i don't think the, the solution lies only in the technology, right? that needs to be a systemic change when it comes to the enforcement of policies. you mean? yeah. and the rest of the developing work, the he to load emissions all the time and he talks about that, but usually so, so we need to have that shift towards public transport between hydrogen. so the solid oxide to your question is a minimum of 5 to 7 years. but again,

the answer is not just in the technology, but also in, in the enforcement of, um, you know, public policies and tools. and how far is the indian government down the pulse of making that shift of, of making the transition to renewables at $1520.00, which we hosted in october of last. still we committed that we were to put renewables by 2030. and i'm proud to say that we will on fact to meet, that's all good. but at the same time, i think that our majors, which are being taken up by state governments as well as the central government, which all of us and i, i was just, i may call it that. for example, we have a outdoor and go to vacation systems which are being tested in daily for the last couple of years. but that in your one of those studies that see that, you know, with, with the quantum advantages that you shouldn't be as high as it is something like an hour to add other fires simply in effect to blame. so we also need to make the

safe from talking about the fact that the government is getting to using changes to actually having grown lever action to both tangible sinew sions, yeah, of course the breathing clean air is a human right. isn't there? how can we ensure that people across the world, poor people across the world have that human right? that is more accessible to the rich? well, the 1st, the 1st part is eliminating it at the so let's say we need do with the house orders . we have the main source of indoor air pollution is cooking fuel or whether it's kerosene, whether it's a good, whether it's cool, right? so we need to ensure that green cooking fuels, whether it's l p g, whether it's uh, bio gas is being supplied within the house, is maybe move into sooner to close or induction because of and then eventually also then showing that access to the email that is provided by providing households and

then by providing clean i appear to be using systems within those house orders. and i'm proud to saying that there are several indian start ups to the um, such as, as that such as drawn, which i work in the affordable solutions backs back up to the csr to make, uh, you know, clean, add more accessible uh to several sections of of uh, february, economically because sections of society and the zip codes are rolled for develop nations to sump pump that long promised cash to help developing nations improve the quality? absolutely, i mean we saw the top 28. i was there on the drum of the $100000000000.00 beans and most $100000000000.00 commitments have to be me. met in 2019. but it was only implemented as needed is 2023. and so they've got, you know, we, we need to ensure that we're putting our money in actions. and by our, i mean, you know, to the developer needs to ensure that, that actions and money is with the amounts of that. but at the same time,

i think several good solutions are being introduced, such as, you know, this is a top 28th. we saw the, the clean up the hands in climate data which was fast. unfortunately in there was not a signatory to that. but that is definitely a step in the right direction to acknowledging her. busy things like it, but you shouldn't contribute significantly to words you know, did you? did anything have good to have your thoughts up here? i've had all of that. thank you. and that is all sharing for this week to get in touch with on x. pull me down as to what's the next clock out jobs and do use the hash tag a see to see when will drop us an e mail coming the top dot 0 dot net is our address of pay more for you online? a job 0. talk. com. slash ctc, that'll take you straight to the page, which is reports. i think some charge you to catch up on that's it for this edition

of counting the cost, i'm to call the whole team. thanks for joining us. the news on the 0 is coming right on the the latest news as it breaks. the hospitality is a very critical point right now are not far from completely shutting down. all the for this with detailed coverage houses are being forced to the as on the live with the confidence fear that more is right is hawks, are never far behind from the hall. so the story, the is very well in the gaza strip has led to talk to can go in the military and condition as a huge amount of waste like the the illusion of anti semitism with opposition to design is a cynical and it is harmful, a dangerous completion between the persecution of a people and the criticism of the state is echoing across the world news rooms and

to send me keys in the hatred of jews because the country is honest and is not about judas. it's about to answer and we need to talk about design is a listening close, special on of just hours before is killing a canadian seek leader said the agents of the indian governments were pumped into assessing a fault lives, explores how the call for an independent seek state spilled beyond india's borders and investigates, the nation's election campaign of eliminated critics on foreign soil. the indian assessing nation on a jersey to the colleges when

the, the palestinians, more than their loved ones, is really forces intensifying their attacks on central garza killing. at least 97 people the on way little rock. this is elisha 0, laurie from dual ha also coming up at the table. i've been there for the.