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tv   Global Us  Deutsche Welle  July 8, 2024 6:15am-6:46am CEST

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hawks and parliamentary elections, centrist alliance of president emanuel, and my call is in 2nd place. ahead of mounting depends far right and national around the and i'm david levitz from me and the whole team here in berlin. thanks for watching for more news. go to d. w, the each tells my story of the people who planned me build dedicated van lines to me. i am not too dumb, depending on the online made. in the centuries they billed me, they created something. i had to watch as i rush destroyed. i have month to my cities, days for centuries, and accompanied my country. 3 hours until the day i nearly vanished
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stuff to lie, 18 o d w the whether it's baskets themselves suit on 4 goals in india, sometime sports or more than just the game. the saudi arabia has plans to reach carbon neutrality by 2016. so why is it still investing in oil and windmill supplies of the fossil fuel run out the in 19 d 6, a g o scientist for shall and professor at stanford project as
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a global oil production with peak around the year, 2000. this came as a huge shock at a time when well was driving more and more of the economy. some people thought it would mean a global financial crisis and others a full on apocalypse. since then, predictions about peak oil have popped up again and again. supply problems were supposed to start in 2011 with effects noticeable by 2015. there was talk of high prices for food and fuel, supposed to impact agriculture and electricity. but none of this ever happened. the supply problems that everyone freaked out about never came. so what did happen, and so to be worried about running out of oil. the 1st looking at this question now is completely different from the decades ago because there been huge changes in our lives in the early 2, thousands, 2 weren't really thinking about life stuff off of your electric vehicles for nearly unheard of to an end of our oil supplies team. thank you. i just, central crisis for the planet going awareness of climate change,
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renewables are taken off, and the amount of them in the mix is usually it's not cheaper to generate electricity from solar and wind then from fossil there's also way more attention on electric vehicles, 14 percent of new vehicle sold globally in 2022 or electric compared to just 5 percent in 2020. even the united states in china to huge polluters are making have the investments into green technology. and something pretty special happened in 2023. when we're looking at renewables, investment, which k has been growing rapidly, insurance trends to net dot from both afield. in 2023 bar to today. mike coffin used to work for the key and our research is how markets align with kind of policy set twice. one that much would move without fossil fuels and oil, in particular, the future of renewables is looking brighter and brighter, and that is made the engine oil take on a whole new meaning. to say about 15 to 20 years back. there was a concern that the supply is going to be run out of wire to area as an engineer and
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standard and poors chief energy strategist. now the service order for which is that really hit their key, current flight or demand. this is a really huge shift. in october 2023, the international energy agency published a report predicting the end of oil and other fossil fuels. only this time the end of the peak in demand, not supply. and it's predicted to come in 2030 high demand and low supply means a high price, low demand and high supply means a low priced oil executives around the world were up in arms over the report because less demand with the same amount of supply to mean following prizes for fall fuels and less profit for the industry. this is a big deal since demand for oil, it's been growing every year except 2020 when cove it hit. this wouldn't mean that we wouldn't use fossil fuels anymore, or that it would become much harder to justify new fossil fuel projects. because our supply of fossil fuels is doing great. the oil it,
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i'm probably not going to go based on the kind of disaster we have about 40 years old. i am and that doesn't even count on the new plan projects. this is mostly thanks to a new this technology called hydraulic fracturing your practice. tracking is a process that involves injecting a slushy of water and chemicals into rock screening tons of tiny cracks. this allows oil and gas to escape and be collected at the surface. the waste water has been often injected deep underground, which can contaminate the local environment and cause earthquakes. tracking took off in the united states in the early 2, thousands and the country now produces more oil per year than any other nation in the world. so much that it's affecting other countries. so the order of you or he or corvettes actually right now, because of sooners or supply market staff reducing not less than what they can produce. so on the one hand, we might have an oversupply of oil and on the other plateauing demand. also, investors turning away from fossil fuels like oil companies,
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are used to expanding and major oil producers like show exxon and total energies are also bedding on rising demand. data suggested that companies i think that the p were increasing the production stakeholder is the lead research on a report that investigated well. companies, communication claims, hotel entities, stated it was full cost to spend 25 percent of its context for 2022 and renewables in that tricity. when you look at what that includes, it also includes some kind of gas finance power. they may seem like they're shifting towards renewables, but they're actually still banking on a fossil fuel future. the business operations is on changing, particularly, or the pace made it so says it'll be against policies that would polls that change will bring it about quicker. but at the same time promoting this very public narrative that they are doing, they can state owned royal companies like russian ross, nest, and saudi around color. also betting on future money from fossil fuels. even though
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projects approved now may never be profitable. new sites take years to build up infrastructure and to get ready for truly in financial times they might become stranded assets. something that was invested in that became obsolete for some countries to, to 40 percent of into our fiscal budget could be at risk as the foundation on phones for an old price is full that can have a massive impact on the economies. these countries increase the living, sounded to those in these countries, and that impact could also hit individual citizens directly. many pension funds around the world are invested in oil and gas. these companies fail spectacularly. millions of people could be plunged into financial insecurity in their old age. so based with the end of, well, it seems like investing in renewables at the smart financial decisions. they're cheaper and there's less risk of new projects becoming stranded and unprofitable in the future. so all of that is the more for more as much there's not going to be overnight because according to all predictions, we're going to continue to meet fossil fuels for a while. they're used as
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a backup power when wind and solar are running and widespread. nuclear isn't likely to come on line and time transport and energy storage also need to improve for us to be able to put them entirely. but the more investment goes in, some more renewables improve, and we desperately need that to keep existing on this planet. but we are on the way . it's no longer a question of if, but when, instead of being concerned about an end to our oil supply, we should be worried about pumping too much of it. with falling demands in a world shifting to renewables. it's not a smart decision either financially or for our life on this planet. the the world's largest oil explode on saudi arabia. the kingdom is looking to massively expand its green energy production to help diverse applies economy and reduce dependency on oil. it could be a huge step in the world's quest to hold climate change. but is saudi arabia really
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quitting oil, the this a co city items to be completely carbon neutral needs. and that famous the line wants to have 9000000 people in a 170 kilometer long strip of skyscrapers towering 500 meters above sea level. and that's just one small part of a much bigger plan. cold neil. no roads, no cost 0 emissions and run completely on renewable energy. this is the glitzy face of saudi arabia is a vision 2030 and ambitious roadmap to move the world's largest oil pal away from fossil fuels. the world needs me because the world needs change. it all sounds great on paper, but this skepticism about where the saudi arabia can actually pull it all, you know, the saudis have been making a lot of wildly over ambitious goals. the country's wealth is built on its massive
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oil reserves, which are distributed by a national oil company, a remco ramco is now 98 percent savvy, owned and valued at about 2 trillion dollars. it posted a wrinkled profit of $161000000000.00 in 2022. and this war chest is now driving the kingdoms vision 2030. it's a plan that sounds as ambitious as it is paradoxical. a country built on oil once to move away from royal, but one the a. so i the real i, mr. definitely can help you sir. the little so here the sleep. so you have a, she is a team defect to rule the crown prince mohammed been. so mine is the face of vision 2030 the saudis, once we get 50 percent of the energy from renewable sources by the end of the decade, currently the pallet by 99 percent fossil fuels. this
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is jim crane, who specializes in energy g. i politics, international organizations, lee, i am as the world bank, et cetera, has been urging the saudis to diversify their economies for a long time. finally, those warnings have been taking hold the initial target about $54.00 gigawatts of renewable energy capacity. sadie recently said the sitting at just 2.8 gigawatts. well, there's about $21.00 to $24.00 gigawatts on the development. this is karim l. g and the climate consultant based in london, whose focus is on the middle east. i'm not a bad thing man, but if you'd ultimately, whether a 50 percent target can be issued, i would say that looks very difficult. mohammad been so mine never the less appears to be giving it a very decent crack to success. as sadie rule could be judged on this green energy hill and the saudis are indeed talking a big game kind of change. that's really the better place that we found. we have to
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do some full amount and have to do it. but here's the thing. irrespective of this green vision, saudi arabia isn't exactly putting a cost to quit fossil fuels. it's quite the opposite. it's still plans to pump out as much oil as is humanly possible. and phillips cough as to the brand, in fact, and saudi arabia also wants to increase natural gas production by 50 percent. and it's actively searching for new markets to export it's fossil fuels. the saudis have been, you know, not just diversifying, but they're also doubling down on, on oil as well. i mean, they've been buying a lot of refining capacity in developing countries. that targets live mainly in asia and africa, and investigation involving britons. channels full recently found that the saudis were aiming to off efficiently brazen oil demand in developing nations to cheat
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cause supersonic commercial aviation and loading power plants at the club. 28 world climate conference. saudi arabia claim that carbon emissions from fossil fuels and not a problem if they can be recycled, all store argues are the problem. the enemy is emissions and small, also bills. and if it matters the carbon in a way, um by you recycling it using an alternate plate, capturing as storing it, then it will be no problem with that with, with, with having some emissions. there's just one tiny problem. the tech to do that isn't anywhere near advanced enough. skeptics sites, amelia destruction by fossil fuel producing nations and will finally investment away from annual energy kareem. and again, the estimates that the tech, if it works at old, wouldn't be available at scale and to potentially 2040. i think 2040 is too far. we don't have enough time to accept the real estate approach that we shouldn't be weighted to one technology and in an hour drive towards the colonization,
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but to depend on a technology that isn't available until 2040 at scale is a great risk. so while saudi arabia matches on into its brave new brain energy, well, that's still looking to convince developing countries to take the oil and persuade the world's lead. is that managing common is the solution to the climate crisis. so far, the plan is on track around code predicts boil demand will actually increase to $105000000.00 barrels per day in 2025. for all that, talk about flooding, climate change in building at that, a welding, flashy, promo videos, disarray being lifted, it hasn't changed. it's spawns. putting oil just isn't a consideration instead, they'll just sell it elsewhere while cleaning up their own energy system to make the world's carbon reduction targets. it's a win win for sadie arabia. and if the kingdom pulls it off, it could be in a more powerful and lucrative position than ever the full
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the so when saw, so don won independence from su, dawn and 2011. the mood was due for it. but soon the civil war broke out political chaos and poverty still dominate life in the small nation. many young people face a future without prospects, but not all of the time to get ready for the paxis sports use. then his power bank he has a long journey ahead at 5 o'clock in the morning hockey, my yolo sets off for training. he doesn't have money for the bus, but he's big dream is to become
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a basketball player. and so he runs for 2 hours in flip flops from the suburb where he lives to one of south students, few sports grounds in the capital, juba. i don't mind your dads, don't mind your dad, the dad don't mind. i'm not that, but nobody will not complain. so it just you off to give on like, walking with their mentality. there's a high level of ability among the players here in hockey my, you'll, the faces of a lot of competition youngsters taller than 2 meters are no exception in south through that. and there was great commitment to even 4 year olds practice for hours in the blazing heat stamina paired with a lot of talent. it's not easy for 13 year old hakim viola, to stand out from the crowd. dang, b. r. dang,
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runs the training. he used to play himself in the us. it was only in 2011 after south to dine game independence that he returned. the sports center is dedicated to keeping young people from poorer backgrounds off the streets. this is a good environment for them. you know, to interact, to develop physically and mentally also stay away from trouble. juba, the capital city has high levels of poverty and crime. the parents of most of these kids are less than $2.00 a day. so training is free. how many children spend the whole day at the sports ground donations in part from abroad? meaning that the center can also provide lunch
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after 3 hours of training hakim and as friends are very hungry, then it's time to relax on the games console. featuring go fever teams from the american, n. b a. the world's top basketball lead for many years basketball, maybe the only way out of south sudan. i dream is to play and, and get a play to navigate. now those guys on my heels cause like they, when they went out last the present and played with the south through then national team competed in the 2023 female world cup. and there's also qualified for the 2024 olympics to 1st for the country. the team is revered in a way it's president, can only dream of the south. suzanne has just one basketball stadium. and with the local tournament going
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on, the only national player still playing in his home country drops by coach bar is friendly and approachable. the chance depends ahead of the upcoming olympic games. he knows just how important basketball is to people here. it brings together men and women from the new and think ethnic groups who are normally hostile to each other. the having a lot of a disagreement among us uh, 4 digit cutting we for among over 72000 searching and to put divided. so we were trying to look on something that's going united looking for a nice thing with the money we, we money to get this one in any sports. we have
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a lot of negative things that been, you know, happening to us been said. but now if i were to do we have, we've been given this opportunity to, you know, to say the narrative to give the people different story. i mean thing, it's a big responsibility. plus the coach bars determined to be named bassett, or for south sudan, representing his country well in the outside world. after a long day of training hakim, i owe less days to watch the games, and to learn some tactics. south sudan has a lot of young challenge, like in the average age. here is 16. the next day is sunday. a day off. hakim spends a few hours at home. the lakes with 28 relatives, siblings, cousins, uncles, aunts, and his mother. it's not a family of athlete and hopkins passion has long been a topic of conflict between him and his father.
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remember kim came to me and told me that father, i went to the football flare basketball player and i was upset and mine was absent minded to him. because according to, according to this country, it cannot afford him to play for muskets. buying new sneakers is out of the question, as they're much too expensive. jack, my older would like his son to continue as education. so if they get something like that and sponsorships i will be healthy. which is why hakim and his friends hit the training course in the afternoon. they all dream of a sports scholarship in the us. it will be difficult for hockey, my older to stand out against the competition. but he already gets so much from basketball, including a sense of pride, strength,
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and tenacity. the it's hot and dry. but these kids don't care. they passionate about playing soccer. off. the village is betia poor lies in central india far away from the big cities. and it's developed into something of a football mca, to cut off. thank you. and soccer is the 1st thing i think about when i wake up my friends that were ready waiting for me so that we can play fast. we practice policies and then we divide into teams and play a much and this in a country rec, cricket is the main sport, but they render
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a big number. 25 is one of bishop who is young, so could talents, his idols, a big international names. and idle missy a lot in bob a. the value of the young players hope that soccer will offer them a way out of poverty. this boat is already what one small miracle here around 20 years ago, bishop who was notorious for the alcohol brute, find the cool families. and in the middle of a total, with the children who were involved both with the brewing and with the drinking. we just had a database for back then even the government promotes to did see what people would need the extra licenses for members of the local tribes. i would, i started training the children and told them they wouldn't get any better if they continued drinking. we motivates which and encourage them, and at 1st, just
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a few kids began training, but more of them all have joined their now 14 coaches who also train players in the surrounding villages. the region has become known as many brazil. 45 talented players here have made it into the national lead. moved them from any other region in india. that's helped get sponsors on board. in the beginning, coach res. com put hockey salary toward supporting the children. oh yes ma'am. this little theater over the summer. now there were real houses here to do in the past. there was some supplement that, but everyone was very poor. they were hardly any soccer big. so t shirts for children borrowed them from each other. who says, we'll still get what you're going to be a good fit. we had few results, but we always sold the talented program because it doesn't tell us like that to render vega and his friends, they dream of becoming captain of the national team and train twice a day before and of the school. the weekend, 16 year old,
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very and read does his homework in between the training sessions. his parents are happy that conditions here have improved so much. they used to be in lots of alcohol, produce to you now that is normal. what can we send the children to school? i want them to learn and develop children here on their loan, get involved in alcohol production. that is, that i bought off in the past. grandpa types used to drink alcohol to then no longer around. and that kid substantiate playing, so that's distracted them from drinking low. now everyone goes out and place. okay . including the goals they have is crazy about sucka as the boys. i'm brimming with self confidence, like 16 year old son. now, as the last may i get on the window west and the boys,
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it all depends on training. if we train more, we better if we train less where we cutting the daughters to be. to me was that you have to decide whether you want to be ahead. well behind jenna, jad, the app will reach you at 1030. but there is one big difference between the male and female soccer players in rural india. and it's hard to overcome. let them know that they tell you i can if we get really good and then all parents, maria, so it will destroy our dream for dr. debt, that's all. i want to train hard to make a career out of stuff instead of getting married in a day. but my mother says getting married is important. like i say, my support is important. but if she and systems i will have to do it is then look at an event. here in many brazil, people have managed to build a life free of alcohol. but breaking away from traditional gender roles may prove a tough
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