place a number of restrictions on more than 100 chinese technology companies, but beijing has come out against the us and dismiss the same, saying that these are the threat such as i never really using it's a technology very everyday problems. for example, when it comes to increasing or improving the health care system or improving labor intensive industries, for example, in addressing a shortage of work. and ah, how puffy are these are? the headlines is really a strike sa, continuing across the gaza strip with people living in to crowded areas being warned to leave their homes. they turned 20 at alice damian's, including $64.00 children have been killed since the conflict began 11 days ago. in the past 24 hours palestinian factions of also launched the 70 rockets from gaza into israel. this is just me the border where the tanks and troops remained gathered and on alert 12 people in israel haven't killed including 2 children. i

mean to national pressures building to the violence in israel and gaza. us president joe biden says he expect a significant de escalation on the part to a cease fire. and the un general assembly is convening later on thursday. here is more with harry for said in west service of them on the political level. we have course of have that conversation. the 4th in recent days between president biden and prime minister netanyahu president biden, talking about hoping for a de escalation, during the course of the day that is seen as both a little bit more of the out, out facing pressure from the us administration. while the same time, not calling for an absolute ceasefire, so allowing for what a prime minister netanyahu says is a continuing operation to continue. but yes, all the indications are that things are heading in that direction of a headlines and has been fighting along morocco's border with the spanish enclave

of usa on africa, north west coast moroccan security forces trying to prevent migrants from crossing into the spanish territory, predicted, tightened border controls after more than 8000 dance and they are to earlier in the week. some swam along the coast to reach the enclave. the number of new corona virus deaths in india has fallen after 2 days of record highs. at least $3800.00 people died of the past 24 hours, but experts say the actual figure is probably much higher. and the us house of representatives is backed an independent commission to investigate the january 6th rise on capitol hill. the bill passed the house on wednesday to 52 to 172. that means support from all democrats, as well as 35 republicans. republican minority leader though mitch mcconnell, i said he will oppose the bill once it arrives in that proposal. you are up to date with a news from al jazeera. the latest inside story is next. america is a region of wonder,

a joy tragedy and yes of violence. but it doesn't matter where you are. you have to be able to relate to the human condition away. no country is alike, and it's my job to shed light on how and why governments must give up investing in poll gas and oil, and they must do it now. if the world is to stay within safe limits, global warming, that's the strongest warning yet from the international energy agency. but is it achievable and what are the challenges ahead? this is in 5 story. ah . hello and welcome to the program. i'm hammered. jim jones, the world's leading energy agency warned global carbon dioxide emissions were

expected to rise at their 2nd fastest pace ever this year. and it's just released a landmark report listing, ambitious steps that are needed to cut down net carbon dioxide emissions to 0 in 30 years. among them is a ban on new developments in new coal gas and oil projects. the energy sector is responsible for about 75 percent of the emissions that are driving up global temperatures. and the agency says a drastic scaling back of fossil fuels is needed if the world is to stay within safe limits of global warming. that includes no new gas boilers or petrol and diesel cars to list just a few of the everyday conveniences that will be effected. the i. e, a called on governments to act. now if they want to avert the most catastrophic effects of climate change, the agency says there's a huge gap between governments, rhetoric, and reality. many countries have pledged to cut emissions targets ahead of the u and climate summit planned in glasgow in november. but the united states and canada

are still exploring new oil and gas fields for development, and the u. k is licensing new projects in the north sea. china did not commit to sharp cuts and is building coal fired power plants among other projects. so how does the i e, a propose we get there? the plan goes into incredible detail about the steps needed, right down to things like more emissions friendly speed limits. here are some of the 400 steps proposed by the agency. ultimately, they boil down to 2 major categories, more clean technology and less reliance on fossil fuels. every sector needs to make the transition to greener tech, the amount of money being sunk into research and infrastructure needs to triple bringing investment to $4.00 trillion dollars every year. that's things like new recycling methods, cleaner manufacturing processes and getting prototype ideas into every day use. but arguably, the largest and most controversial step will be to step away from traditional fuels

. it begins with no more gas or oil fuel being approved from now on, completely converting the production of electricity to renewable sources and changing the way our vehicles are run. the. all right, let's bring in our guess in copenhagen model florida. christianson is executive director of greenpeace. nordic in burn switzerland. cornelia myer is a, is an economist and oil and gas specialist in new delhi, chandra bush, han is ceo international form for environment sustainability and technology. a warm welcome to you all, madge. let me start with you today. these types of recommendations that are being outlined in this i. e, a report. obviously we've heard some of them before from academics and from environmentalists. but how significant is it that this is now coming from the international energy agency? what it is significant, i would tend to say this. finally,

i also gets it right because as you said, is what we've heard consistently over the last decade from many sources. but hearing the i e, which is so important in many capitals around the world and forming energy policies around the world, hearing it from them. but not only can we not afford to burn the oil that we are going out and looking for. now, we also don't need it, right? there is a pathway for us and that pathway even attractive for us with more jobs and more growth, which is important many. so of course, this is, is for groundbreaking use a cornelia from your perspective. how ambitious are these recommendations? do you believe that they are achievable and what kind of investment is going to be needed in order to transition away from fossil fuels? i look, i think we all agree that we need to stick to 1.5 degrees centigrade global warming from pre industrial levels to, to the end of the decade. but these, the, some, the,

this is, these are really very, very ambitious targets. and i just look at the finance ability because it would take 2 trillion dollars a year up to 5 from now to turn dollars a year in energy infrastructure to 5 trillion dollars a year. that is a lot of money. and yes, i am fully aware that climate change is one of the big risks when there's also very expensive talk to the re insurance companies to the insurance companies. but still, i think this is really, this is pushing the envelope. it's very ambitious. and it's also to my view and would be interesting to hear to india and guest very much a 1st world view because i'm not sure it's quite as achievable in, in developing economies as it is, especially from the, from the investment side as it is in, developed economies,

ho chandra. then let me pick up with you and ask you if from your perspective you believe that this path that has been laid out by the e a to get to global net 0 is actually achievable? well, it is very ambitious, but the caution we all have to ask mohammed is what other options, i mean to say the most number of hon people will be in countries like india and the impact of climate change is going to be extremely, extremely high on them we will see a devastation of communities because of climate change. india right now has been stuffed by state grown as, as, as i talk to you right now at a, b and c has the most intense site loan in 130 years, which has done extensive damage to the western part of the country. so i think when we discussed the amount of resources that is required or the ambitious ambition that is required to maintain $1.00, we also have to look at cost which, which,

which we will in good if we do not take this action in balance, i believe that there are many things that is achievable and doable. renewable energy for example, is something that india is already doing. it is cost effective. we can do it electrification of transport sector, especially light waykell. we have plan in place. i think it is also achievable because internal combustion engine have run their course, and motors are going to be far more efficient. i have major concern with respect to industrial sector. how do we make steel and demand? how do we produce hydrogen with the scale that is required? i think that is possible if we have global cooperation to do it. i'm not sure that they're going to be able to get that gold global competition. looking at the way the world has operated on vaccine on govig. so there is a question mark, but,

but i think that we will have to give it a try. if we don't, the cost of not doing it is probably much more higher than the cost of doing it. math. i saw you nodding along to some of what jaundra was saying. so i want to get your reaction. but i also ask you about the fact that, you know, there's so many world leaders who been making these pledges to get to net 0 emissions by the middle of this century. and i want to ask you, if you think that they have actually come to terms with what kind of massive transformation has to happen in order for this to really get off the ground to for this to be achieved. well, that's a very difficult question to ask when you look at more than 200 different countries right around the world. i think some it does have and i think others have not. and certainly some that have very difficult to see how it's even possible. right. but i think the optimistic view, and that would be that we already now see some countries taking steps that are in line with the pairs agreement and, and those steps in the country i'm in

a few months ago, took the decision aligned with what the, the, i mean recommendation is to stock new licensing round for a for, or the gas in our territory. find examples of many others. obviously, this is much easier to do for some countries than fathers, no doubt about it. right. and it will be super challenging. but i think what his report shows, and many other report shows, is that it is now primarily a matter of political will. right. i think one of the things that the corona cries have shown as well, is an ability also to invest in needs in crisis. i think we can transfer the transform that ability and willingness from the grow enterprise into the crisis . i think we spend a very good chance of actually meeting the needs, but obviously the world is very different depending on where you from. that's why it's particularly important that in my part of the world that we go even faster

than what they are suggesting. you, cornelia, one of the recommendations made by the i e a is that no new oil and gas fields be approved for development. that's something that mads was just mentioning a couple of moments ago, especially beyond projects that are already committed. as of 2021. i want to ask you from your vantage point, how realistic that is? well, i think it's a, it's again a william bishop and i just don't see how we can get there without the lights going out. and i'd like to if i may take it one step further. again, you know, i'm fully committed to the 1.5 degrees centigrade, but i see a lot of commitments that are being made and i see not everybody walking to talk. i mean, it will be very hard, let's say for india, you know, in due respect to our indian them, indian guest here, i see very high when i look at how the,

the chinese energy system is set up to really get to this ciro hydrocarbons. and is one more thing that i'm a bit concerned about, you know, we, we are all very, very in love with easily with electric vehicles. so, i mean it's the infrastructure needs to get in. there is, is quite expensive and this is expensive and extensive. and one of the things i'd like to see happen a little bit more doesn't mean we're not going for e v 's. but i'd like to see a little bit more of a full life cycle assessment, both economically and environmentally. of every use and source of energy because some of the use of energy that may look very good when you take into consideration decommissioning and so on may look different. so i'd like to not just shift us the i have the view on what has to be done. i would also like to shift the view on how

we assess, what has to be done, chandra, the i. e a also warned that an energy transformation on the scale that is needed at this point would require unprecedented global cooperation. that's what i want to ask you about. it's going to require that wealthier nations help poor countries that lack the technological expertise or the investment capital to d carbonized. is that something you can foresee happening? well, it is very difficult to say because boston has not been very encouraging. i mean, to say, even if you look at the, a developed world has hoarded vaccine and the iniquity in vaccine that has happened during corporate beated. ah, or for, for that matter, investment and promise of giving money and technology to developing countries at you and of triple c. so the past has not been very encouraging. i believe that

developing countries will have to do most of the work on their own. i'm not sure how that developed countries will open bus for this as well. so i think we have to be realistic here. there are areas of benefit for india, for example. you know, one of the interesting thing in this report is it shows how cheap is energy axis. we only have to spend $40000000000.00 a year, one percent of energy sector investment to provide clean energy to $750000000.00 people in africa and asia who do not have access to electricity, clean energy, and massive indoor air pollution benefit and health benefit. education benefit that, that, that it will have. so there are areas where i think it is important for developing countries themselves to invest. i don't like the idea of developing countries

coming good begging born. that shouldn't be the attitude. there is a global competition that is required. i think if we have global cooperation, good. if they don't have developing countries, we'll have to pull together and do it. i i, i have this little pessimistic view on this, but i think that's probably what is going to happen. cornelia look to me like you were reacting to some of what jaundra was saying there. so did you want to jump in? yeah, i think i totally agree with chandra and the, the issue i have is, i just haven't seen this this corporation. and really, it's sandra, for example, of the vaccines is very good, and it is, you know, it goes beyond it goes beyond having phone of applique cations for, for electricity, electricity connectivity, in many developed countries. it also goes into the whole industrial thing and where i see a complex where i see in this you there is that

a lot of companies and a lot of countries are making big promises, but i don't see them as of yet walking to talk. i mean, you know, the northern countries that then mocks of this world, they're great, they're walking to talk. but i see a lot of other countries who are making great promises and are not walking to talk . and that will be important. and lastly, you know, the, it will be very high, it's a lot of this will be expensive and i just don't see that for developing countries . the people with the fire power or the i m f, the world bank and to reach no development banks. i don't see them at this current . they have to fire power to, to really deliver on this very ambitious program. so one of the things that would be needed is to give them a lot more money. ma'am, there's a lot of discussion and debate around the issue of the new technologies that would be needed in order to try to reach net 0 emissions. are those new technologies

actually with us now? because there are some who say that they have been developed, that they are in the prototype stages. then there are others that say that know, this is very much something that's in the future. so let me ask you, have some of these technologies actually been fully developed and are they ready to roll out? well, i think that's actually one of the very encouraging messages in the report from the agency, right? that the very to the state that the technology is we need in order to turn this transition is already they are, some of them may not be at scale, maybe further develop. but the base of the oddities are they are, which is very consistent with, i think more than others have been saying for us, right? that we cannot sit around and wait for some metrics or some science to solve the problems for us and for long these prizes and the and solving of one. and that's, i think, is a very important message to make us as well. right. there is no point in waiting

the price drops, we will see a contingency, we've seen it on renewable energy, of course, during the last few decades massively on so we will continue also for the the technologies that are not at scale yet right only by getting them out there at, at mass, right? so, so i think the message, you loud and clear also this report is don't sit around and wait for that. obviously, innovation, further development, maybe even using ologies will come up about what happened in parallel with the broader and i think encouraging message to the right these days only benefits from renewal it renewable energy, right? we have more jobs in it. we have investments that goes to the right places we have kenya, and we have a very low running costs on them as well. right? so it all depends how you look at the cost perspective. chandra, what do you say? i mean, from your perspective, is there climate friendly text that can start being rolled out on a massive scale right now?

a moment i think, you know, the encouraging part of this report. first of all, this is not a surprising report. people have been talking about these things close to a decade. this roadmap, husband put out by many institutions. so what i e does i year has now come in, you know, stablish that yes, this roadmap is possible. the 2nd thing is one step at a time. this is what the report says. there are technologies which we can use cost effectively right now. and then there are technologies in the future. for this, we need to invest in innovation and technology development, though that expensive technologies, they are going to come over the next few decades. one of the problem i had that this report was, is that the respected jobs. now i can understand i. e, a having the database of or cd on jobs. but it is important to understand that unlike developed world where the economy is formal and the jobs are formal, a large part of job in fossil fuel industry in developing countries in formal sector. they're not, you know, salary job,

large majority of people in developing countries are either self employed or, you know, there are, there are contract workers. how do we generate job on an informal economy? how do the do just john's you sent for an informal economy is not the onset that i see in this report that's, that's another area of work. so i'm not that optimistic about, you know, renewable energy having equally similar amount of job in developing countries. when we replace them with fossil fuel. so that's one big question mark, which we will have to tackle. cornelia if we do start seeing more countries around the world actually moving away from fossil fuels. i want to ask you how that impacts the region where i am right now and what does that do when it comes to oil producing countries in the middle east when it comes to gcc countries? well 1st i just quickly want to react to the jobs thing. yes. that there is a jobs if you. but actually oil and gas production doesn't create that many jobs

either. so there will be more informal effect the tropes in renewable energy. but looking at, at our, our region as gcc, yes, it is a very, it's a very is still a very dependent on oil and gas. when you look at what has happened over the last 5 years, you look at mission 2013 saudi arabia, which is very much looking at weaning the concrete, all fits, total dependence on them on the, on the, on, on fossil fuels. then you look at the other things like abu dhabi wood, which also has really been on the forefront often fossil off, off of renewable energy. so in many ways i would say yes we are, they are. 5 trying to work on it, but it will be a very difficult transition, which is where i also say that report is a bit lacking because when you talked about green hydrogen,

i wouldn't fully discard what can be done with oil and gas. mad, i know this is a bit speculative, but you know, you, you made mentioned earlier of the fact of how some sort of surprising it was to hear all this from the i e. a right now, because obviously the i e, a is an organization that wasn't exactly known to be renewable friendly in the past . i'm usually seem to be by many to be more in the pro fossil fuel cap. so i want to ask you how much you think this report could inform an impact negotiations at the u. n. cop 26 climate summit coming up in november in glasgow. well, i think it's difficult to say right, but, but i think some of the countries that have been using the e as an excuse for not taking steps, for example, to stop new licensing grounds for them. guess what they've been pointing to say, we will continue to have a demand that is a certain size. now they, we have reported that confirms that the demand,

the oil are probably dropped to about the 24000000 barrels a day in 2050 a compared to the 9000000 today. and these companies will need to explain why they are not putting a full stock to new license ground. that is the countries that we normally think. climate progressives, no way the u. k. and other countries. right. so i think this will drive a pressure on them, right? and make it clear that there is no longer any excuses for not making the policy decisions that match the ambition decisions they've already made when it comes to net 0. and when it comes to reduction targets in into often. sergio, they report into the unit c process, right? so, so i have no doubt that this will be an important record as a conservative institution. they consistently have been now under estimating the development of renewables and, or estimating the price of renewable energy over 2 decades. now, right,

and therefore this is, this is chandra. what are the biggest obstacles to achieving the goals outlined in this report? see, i think the biggest obstacle is going to be finance. how do we muster low cost capital? i'm looking from developing countries perspective, the cost of capital for renewable energy, for example, in some of the countries are just unaffordable. so how do we get global capital at a cost which is affordable n, and actually reasonable for developing countries? you know, we live in a very funny while, where countries who are, who are most vulnerable to climate change are likely to pay the highest interest rate on global capital. so we actually penalize cult climate vulnerable countries. finance of the global financial system does that. i think we need to turn the table wherein if you're more climate vulnerable, you are likely to you should be getting a capital at a much more concessional rate. so i think finance is one challenge. how do we do

just transition is another challenge. i just want to contradict a little bit what's going to be cornelia said. the goal sector in india employs 15000000 people alone and the total green job that i predicts the 16000000 new the way. so i think we need to have a certain sense off how many people are actually working in floods and fuel industry. so just transition is going to be very important because there are a large number of people who are dependent on fossil fuel. i think these 2 are going to be important. i'm not bothered about technology, frankly speaking, if you are a market, you will have innovation and you will have technology available. so i think broadly be used to our major concerns that i have. all right, well we have run out of time to we're going to have to leave the conversation there . thank you so much. all of our guess my photo christianson, cornelia meyer and chandra bush on and thank you to for watching. you can see this program again. any time by visiting our website of 0 dot com and for further

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