Skip to main content

tv   Inside Story  Al Jazeera  January 6, 2022 2:00am-3:00am AST

2:00 am
comes on this channel, they will be challenged and that's what people expect was. they want, the questions answered. that is what we've always done. that's what we will continue, should it ah, well, number one, tennis don novak joker bench has been told to leave australia a botched visa application is to blame. ah, hello money inside. this is our dessert lie from day ha. also coming up. coping with cove it as cases rise across the globe, come and seek to find a balance between keeping economies open and ensuring public safety. russian peacekeepers could soon arrive in kazakhstan to help bring protests on the
2:01 am
control public buildings. a storm and a national state of emergency is imposed and the year owned from an attack on america seat of power, the u. s. capital police chief testifies to the senate and pledges to strengthen secures in the world's number one tennis players facing deportation from australia. novak doc of it's just visa was revoked by border officials who say he failed to meet entry requirements. as lawyers are appealing, the decision joke of it had previously received an exemption to play in the australian opened from the tournament organizes despite not having any proof of vaccination against coven 19 is yet to reveal public a whether he's received the job or not. all the surname prime minister, scott morrison has commented on joker,
2:02 am
which is case staying on twitter. no one is above the rules, especially when it comes to our borders. he went on to praise australia, strict entry policies for keeping down the number of corona vars related debts. let's get more in the story. we can speak to sar clock who joins the via skype from australia is sunshine coast. sir, is this about a botched visa or is this because of a backlash from australian society? about jacob it's not having being vaccinated? well, it certainly is an extraordinary twist to in the sa, gonna appears that his team has applied for the wrong visa, the base with which he attempted to enter astronomy and it doesn't allow for ex unvaccinated applicant. so we're hearing various reports from his team. as you mentioned, they'll be falling for an injunction as we speak. but going through the turn of events, we had these try and tennis authority on wednesday and the victorian government confirm dr. bitches but dissipation and the strain from which starts on the 17th of
2:03 am
january. they confirmed that he would be playing and he will so jock, which confirmed it on his instagram, on arrival last night on wednesday evening around $1130.00. this is when he was hell by police. and his visa was question, of course this morning we just had confirmation from the study in board of force. his visa has been revoked and he's due to be flown out of melbourne. the equipment have been deported simply because he doesn't have the visa to enter the country in the state, but released in the last bodies drain board food. they said they will continue to ensure those to arrive at a border comply with our strength roles and entry requirements. and he filed to provide the appropriate evidence to meet the entry requirements. and this is simply because he's a non citizen of destroyer. yesterday, when he announced that he was coming to participate, i had received this traveling diction and an unrecognized status. this is when the astronomy and there was a widespread anger and fuel about what they're accusing the government of giving
2:04 am
him special treatment. so certainly the last a little while the last hour, so that hope net also here in australia, great countries confirmed the bees that had been cancelled following an overview of the exemption provided by the victorian government. so that's the development on thursday morning and astronomy. so do we know where novak doc of it is that now and has there been any reaction to these license developments from other his team? his family was certainly he's been held by police some at the telemarketing airport . as we just mentioned, he's finding ways team of lawyers are fighting for an injunction to stop his deportation. that could take gallop. but again, if that is unsuccessful, he will be flown up like today that being food here in a struggle. they've been huge reaction not just for the watch brit angle, which i mentioned with regard to his travel exemption and accusations of special treatment been given to the likes of the world. number one. we've also had a lot of support for drug beach from his side and we've got his father has called
2:05 am
plays and he support his that come out on the streets to support john bitch. and to end we'll get this matter resolved. as soon as possible, the serbian prisoner has also come out to support doctor john bitch and he's spoken to him on the phone. we can confirm that jock of which was still allowed to have these fun while being held by police told. tell them are in a port. he said the whole of serbia is with him is working with dr. beach to see the tourist mate and maltreatment brought to an end. he said, serbia will fight but know that job a job which for justice and patrice so at the moment we believe he's still being held tolerated court. and we're waiting to find out whether or not his injunction, which has been filed by his lawyers, is successful sir. clark, thank you. no that will speak to you again. nations across the world, i implementing strategies to deal with the on the chrome variance many as seeking to find a fine balance between curbing its spread without imposing overly excessive restrictions
2:06 am
. in the us, the white house is edging states to find ways to keep schools open despite reco case numbers of the same time, the president's top medical advisors told people to continue taking precautions. the big caveat is we should not be complacent. since the increase transmit civility, ovarian may be omicron might be overridden by the sheer volume of the number of cases that may be a reduced severity, but could still stress our hospital system. mexico is inching closer 230-0000 deaths from code 19, but the number of people in hospital is lower compared to previous waves. in italy, anyone over the age of 50 is now being told to get the job. employees in this age group had previously been able to enter the workplace using a negative test result. this will no longer be the case. meanwhile, france reported around 335000 new infections. another national record,
2:07 am
the government is trying to push tougher measures 3 parliament president emanuel macro is now facing criticism of to issuing a deliberately provocative warning to on vaccination people. natasha butler has a support from paris. says that she does so there was an uproar in frances parliament as emmanuel macros, comments some strong language about on vaccinated people, became public, some opposition and peace boot the health minister. while others described the french president's words as vulgar before a debate on the government's proposed vaccine pass was abruptly suspended. the loan up is all to play the news. we ask for the presence of the prime minister because the words of the president of the republic or a worthy, responsible, contemptuous on a book very premeditated. this is the reality of the situation. one contacts i looked at her thought it was the liberal arts of good in the parisian newspaper.
2:08 am
macro said that on facts, native people were irresponsible as for the unvaccinated, i really want to piss them off. he said, we have to tell them, you will no longer be able to go to the restaurant. you will no longer be able to go for coffee. you will no longer be able to go to the theater. you will no longer be able to go to the cinema. frances recorded record numbers of new cove. it infections in recent days, fueled by the delta, an omicron variance, doctor se most cove at patients in intensive care are unvaccinated. the french government says vaccination is the best way out of the pandemic. although 90 percent of the population are immunized, the government targeting those yet to receive a job 3 months before the french presidential election, a macro risks alienating some voters. but his supporters say he's taking a calculated risk betting on the majority of french people agreeing with them
2:09 am
because they're fed up of restrictions and want to see an end to the cova crisis said tradition, the french voters don't like aggressiveness, intellectual campaigns, a bubble from a sitting president, so my chronic a rhythm, but it was an assumed risk because this interview was re read and approved by the elisa. it wasn't a gap or an error of communication. it was intentional. he sent a message to the campaign will happen with a certain rhythm and tone for the micro has yet to declare his candidacy for the presidential race. but he is widely expected to run his victory in 2017 was partly due to the image he projected as a straight talker who didn't shy away from controversy and was afraid to break with tradition. but whether it will be a winning formula this time around is uncertain. natasha butler, al jazeera paris, a russian lead lines. the former soviet state says it will send peacekeepers to cows like stolen off to the country's president, appealed for help to qual, protests. public buildings had been torched and at least 8 security officers had
2:10 am
been killed in days off on rest. the violence was initially spoke to a dramatic rise in the price of fuel couch lopez heard a young has a details. please leave a rear inclusive notice ever wanted in civil city outreach over an increasing fuel prices have spread across the country while inclusions have food, particularly in the largest city. moody, with reports of a fire and gunshots heard, or the mayor's office were demonstrators trying to storm the building earlier in the week would begin as protests against fuel prices has turned into a wider coup for government accountability. i think his protests already started. and fuel fight energy prices really are about anger of the contact people about that government, big day to the school about a government that has created
2:11 am
a lot of wealth or a small segment of the population and serve its own interests. but the vast majority of population happens malik, than the cost of liquid fi, petroleum gas, or l p g, which is widely used as harmful, more than double to $0.20 a leader. when the government lived the price camps. but i'm a political pressure. the government of the will, which countries are the price would go back to $0.11 a leader in monkeys. dow, in the west and another provinces faced with a minimum wage of less than a $100.00 a month, protest her say the increase is unacceptable. isaacson's president sacked his cabinet and appointed a new acting payment as sir. now he's calling for the hon. rus to still resume. but go out sl romeo when he calls to attack, civilian and military offices are completely illegal and it is
2:12 am
a crime. and that will be punished, power will not fall. what we need is not conflict, but mutual trust and dialog on new conflict. the government has argued lpg subsidies are unsustainable in the long term bud. it's plant a phase i'll price caps over 3 years, is being fiercely resisted the central asian country, long known in the region for its political stability, now faces widespread unrest. county a lopez of the young, and what is your? still had all the al jazeera united states imposed sanctions against a controversial bosnian serb leader. and find out why child poverty rates in argentina's. ah
2:13 am
hello, we got more savvy. the forecast for get parts of canada get parts of well northern areas of the u. s. big area cloud here, nasty little area of low pressure just around the lakes, tightly packed ice barson. a strong wind coming in coal winds as well. type to struggling to reach minus $24.00 in when it pay on thursday that snow mix will make his way over towards the appalachians. heading over towards eastern seaboard for thursday, slightly dry weather coming back in behind, but crisp and cold labor towards the west. there we go, more snow in the forecast spilling and across the mountain states through western parts of canada. see some rain there for a time. also heading towards parts of washington and b. c. but the snow does become a little more expensive as it pushes in across the rockies more snow into those central areas of canada. cold enough, a which was eastern seaboard, new york with a top temperature of freezing. and the see if you're lucky, you'll get up to minus one celsius. so some dazzling, sparkling cold sunshine coming through here. it's more of
2:14 am
a sunshine across the caribbean. la, she fine and dry. we have got a few showers in the forecast just around the eastern island for a time. heading over to ward hispaniola, jamaica, stay settle and sunny much of cuba. generally 5. we further showers, central america. ah, ah, a selfless act of human bravery. and 10000 precious pieces of literature rescued from being burnt to ashes in a besieged, sorry ah, al jazeera world meets the bosnian women and men who risked everything to save their written heritage. ah, the loving books on al jazeera ah
2:15 am
ah, we'll come back. he watching out his arrow mine death. i'll top stories. the sour novak joke of it is facing deportation from australia off to his entry visa was cancelled due to technicality is appealing, the decision took a bench home at a cost, an exemption to play in the australian open as he refused to give proof of coverage lighting vaccination, he was president's top medical advisor, his aging people to continue taking precautions against corona virus. and to be found she warned against complacency, despite indications of the only covariance may not be as severe as the previous ones. rotten let alone says it will send peacekeepers to catholic, stolen off to the president asked for help to quote protests. several security
2:16 am
officers have been killed in 2 days upon the last. it was settled by rise in the field with on the eve of the one year anniversary of the u. s. capital attack, the new head of the capitol hill, police force as told congress, his team is dramatically improved and ready to protect them. j thomas mange i was a, were todd police chief and maryland when the cells a cat and was high to we fashioned the department so he could withstand any future attacks. john hendern has his report from washington. ah, if the attack on the u. s. capital were to happen again today thomas bangor says the newly revamped force could hold the mob at bay. we didn't have the people we, we didn't act on the intelligence and we just weren't prepared to way we should have been. and that, that's gonna change that has changed and,
2:17 am
and the next time that we're tested of, we will not be making those same mistakes. the inspector general for the fortunate protects the u. s. capital complex found that during the january 6th, 2021 assault, one year ago, officers had ignored intelligence warnings that writers might attack the seat of government. and when they did, officers were outnumbered outmaneuvered and ill equipped. and while i'm proud of our officers, the events of january 6th did expose critical departmental failures and deficiencies with operational planning, intelligence, staffing, training, and equipment. i'm anchor in outsider brought into overhaul the cap or to lease tool, the senate rules committee. he's addressed 90 of a $103.00 recommendations made by the inspector general, though it could take 3 years to hire the $447.00 additional officers. it needs across the u. s. federal agents in nearly every state are continuing to track down the estimated 2500 writers involved in the attacks. they're using 14000 hours of
2:18 am
video from reporters surveillance cameras and police body cameras. so far more than $700.00 people have been charged. the justice department remains committed to holding all january 6 perpetrators at any level accountable under law retired general russell, honor a who let a house review of the failures of the police on january 6 told us the force was simply unprepared. it was a total failure government. that being said, the law officers and the d. c. police saved out democracy. but somehow, the trop defense department where he had ripped out the qualified people and put his own operators in there, found a way not to send the national guard when they could have been there early up. we've got to get government straight. president biden is expected to address the
2:19 am
attack on its anniversary. you will forcibly push back on the lie spread by the former president, an attempt to mislead the american people and his own supporters as well as distract from his role. and what happens that turns the tables on the last president who sent the mob to capitol hill in his speech that perpetuated ally that he not fight and actually won the 2020 election. john henderson al jazeera washington, the u. s. has imposed sanctions on the bosnian serb liza miller lab. don't. washington accuses him of corrupt activities that threatened to destabilize the region undermine a piece of court. wilson is facing its biggest political crisis since the war in the 1990 s, as don't check front and separation of dominated areas from both. dana smell, lana kaz more from daniel luca in bosnia. mueller dot com, member of bosnia herzegovina presidency,
2:20 am
says that he doesn't know why he is being punished with his sanctions. and he also says that this will not stop him. i have to remind you that he is been already object of the sanctions from the united states of america in 2016. the reason for that back then was the fact that he didn't act in accordance with the date of peace accord. and this time, in an official public release, the united states explained that they introduced these sanctions because our mil roddic announced that he would return certain authorities from bosnia herzegovina to the public a substance or to be more specific from the state level to the entity level he said that he would form again the army of republic, a sort of scared that he would return the entire tax system from the bosnian, her sabina, to republican from scott, and that he would do the same with the judiciary system. the united states made some other decisions concerning banning travelling to certain citizens of bosnia
2:21 am
herzegovina. one of them is mylanta gal tiara, who used to be the president of the high traditionally a council in boston, her subpoena and right now he is one of the advisors to me. laura dominique also are banned from traveling to the united states. is miss at cook each who is member of the state parliament. and the reason for these decisions was the fact that both the guiltier and cook each were involved all also in a corruption european union's top diplomat has warned russia would face massive consequences for any military escalation in ukraine as a barrel has been visiting the front lines of ukraine's war with russian backed forces in the countries east of seen as a show of solidarity with ukraine. russia has denied its plans to invade its neighbour despite amassing tens of thousands of troops at the border to mission
2:22 am
politician who's been refusing food or medications since his arrest last week is fighting for his life. according to his family and supporters. nadine berries accused of possible terrorism offences very was serving in the analysis ended to mission parliament and had earlier been the justice minister to mrs. president, case i eat, has been accused of staging, a coo of the sack, the government as suspended parliament back in july. because it feels that i'm sure he's still on a hunger strike, no medicine that nothing he refuses to take anything. despite the fact that i and his children, kate insisting the physicians, are pressuring him, but he keeps refusing, and they confirmed that he's in a critical condition. we may end up taking him home in a coffin class, or you staying with him. i don't want to problem was in a book. yes, hunger strike with him either. we leave together and he goes home or let them take us both in a coffin. yes, i am here with my children. of course i couldn't believe i finally found him here.
2:23 am
i am not leaving nearly a 100 hostages, including women and children have been rescued in north west nigeria. they were ducked, adopted by armed groups more than 2 months ago. they were taken from their homes and remote communities in the states of some far and so called to ally, say they were rescued and joined security operations targeting the camps of armed groups that have been active in the region a far as burning through an informal settlement in nigeria is commercial capital and largest city lagossi broke out in a booty meta neighborhood, an area of tightly packed housing along the banks. the legos lagoon. the fall is believed have started at a popular market where wood is sold, reports say, find and failed to arrive until several hours of the place started. there were no reports of casualties. india has confirmed its 1st death from the omicron variance daily cove at 19 infection. numbers have
2:24 am
doubled in the past 4 days more than 58000 new cases were reported on wednesday. officials say most of the new cases are mild, but hospitals are still on the prussia restrictions on being tightened across the country. in an effort to slow transmission, elizabeth per on them has moved from new delhi deli health minister. this is the latest public health officials to say that india is very much now and the 3rd wave off the colon virus. and he, dr. cases as being driven by the on the car, buried with 75 percentage of cases, and all major cities being on the cross, the eastern city of called casa, has recorded a highest number of davy cases. since the pandemic beget and a positivity range of 38 percent, meaning that $1.00 and $3.00 people who are being tested and that may the city have the virus mon, by which has remained the worst effect city throughout the pad. demick seen the 700
2:25 am
percent increase in cases over the past week and on tuesday it was 7.7 percent of those who tested positive, needing hospitalization. and while a lot of government health officials are saying that while hospital like the cases are going up, the hospitalization is still low. 7.7 percent on tuesday. that was till 834 people . and the concern and is that with cases going up as they are, that india is underfunded. health care system is not going to be able to handle a huge strain on cases as we have seen in the past. we're all ready seeing health care workers around the country contract and the virus, the latest, 15 up to day one of delhi biggest public hospitals at the 61, just in one hospital in by 131 in partner. so to keep the number of hospitalizations down or to try to state or employ them more restrictions, the southern stage of canada is the lasers to join delhi and a night curfew on the weekend. hong kong is banning flights from 8 countries,
2:26 am
including australia, the u. s. and the u. k. as it battles rising over 900 cases. those are imposing of wrapped of new restrictions from friday, including shopping entertainment, funny gym and clubs held officials fear the only con very could be spreading undetected through the community. gretz clarence has more from hong kong. this is certainly the most extensive that we've seen. and it really goes to show the extent that the hong kong government is keen on stamping out on rick ron. i spoke to a top epidemiologist in hong kong advisor ivan hong. earlier he said that these kind of, that of the measures were very necessary in order to keep the virus of bay. and to really by the government time, because vaccination rates aren't at where they want them to be, they hang around 70 percent. but if you look at the only population over 80, that's only around 20 percent. so this is about buying time to boost those rights.
2:27 am
the hong kong government had planned to introduce these measures next month, but they have been brought forward and it, let's not forget it's chinese new year, 3 weeks away from now. so these measures are supposed to be implemented for 2 weeks . chinese new year is a looking a bit touch and go for now. but the hope is is that people will still be able to meet, at least for some kind of festivities, to welcome in the new year. child privacy rights and argentina have soared in the past years. this is despite the government spending billions on the problem every year. the south american countries struggling with a 50 percent inflation rate am financial instability. theresa buy reports from what is aires? yes, children having fun and singing at this daycare center. im when a site is most of the kids come here because their parents are working minimum wage jobs such as urban recyclers or got so needles as they're known here in the past to
2:28 am
your demand for these loping urban recycling jobs have been on the rice la my name is natalia salazar has been working here for years. she says the waiting list is getting longer every day and thought her laugh and doesn't really. we have families waiting to kindergarten. another class is the pandemic devastated us. and the thing that is clear is he inequality that exists is often we never got why fi computers or anything to help this kid while i from the daycare center opens at 5 pm daily, just went, parents need to go out to work that kids are given meals and they participate in activities that will help them in school. over so 100 children are brought here every day. they remain in this place until 11 o'clock in the evening. that's when their parents are able to come and pick them up. the fact that so many children whose parents are urban recyclers on the streets shows how difficult the situation is for many families. in this country were child poverty rates are close to 65
2:29 am
percent because ponied us movement was born out of the economic crisis of 2001. in the past 2 decades, the movement has become more organized and is now a critical part of argentina's recycling efforts. media monster that is a mother struggling to make ends meet. she says it's the only job she has been able to find. it pays around a $150.00 a month on my to live. we pay rent, and we try to give our children what we can. everything worries me. i want to give them an education and food. i want them to move forward in life. the pandemic has exacerbated argentina's economic crisis. government handouts and assistance for the poor have increased. but people, leggett, who are those on, sa, says argentina, needs to do much more. it can be nigel workman, argentina, we're seeing that different governments have assisted at least
2:30 am
a 3rd of the population. but the situation does not improve the problem as the labor sector is not getting better. if i wasn't in a doesn't generate jobs than people's lives, won't get better and to improve the labor seeker has to be a change in the product of structure, an increase in the countries g, d p. in the vast decades, argentina has been unable to improve the level market and generate descent jobs. and that's had a huge impact on children in the country whose parents are forced to work in the formal sector and on the streets they sell and a seat at one site is ah, a money inside info with the headlines on how to sarah novak joker birch is facing deportation from australia of his entry. visa was cancelled due to technicality is appealing, the decision jacqueline had earlier gotten his exemption to play in the australian
2:31 am
open as he refused to give proof of coven 19 vaccination. sarah clark has more from australia, sunshine ghost. yesterday when he announced that he was coming to participate and had received his travel exemption and an unbuttoned eye status. this is when the salient, there was a widespread anger and fuel about is what they're accusing the government of giving him special treatment. so certainly the last a little while the last hour. so the hope net also here in australia greg count is confirmed. the visa has been cancelled following an overview of the exemption provided by the victorian government. so that's the development on thursday morning and astrology. the president's top medical advisor is urging people to continue taking precautions against corona virus and to be found, she warned against complacency, despite indications that the on the call variant may not be as severe as previous ones. the big caviar is we should not be complacent. since the increased
2:32 am
transmit civility, ovarian may be of alma crohn, might be overwritten by the sheer volume of the number of cases that may be reduced severity, but could still stress our hospital system. a russian lead alliance says i will send peacekeepers to catholic stone of the president asked for help to quote, protest several security are killed in 4 days upon rest. it was set on fire roy's and the fuel the european union's top diplomat wound russia could face massive consequences for any military escalation in ukraine. joseph morale has been visiting the front lines of ukraine's conflict with russian back forces in the countries east. as headlines coming up next county, because stay with us frank assessments, this crisis continue to weaken a luca shanker, even though he believes in the beginning that it will be informed opinions. i think
2:33 am
politicians will now be under incredible pressure from the young people. that is one of the most types of things come out of this critical debate. do you think a should be facilitated? not sure. okay, it's a great. it's a really simple question. let's give tommy a child once. inside story on al jazeera. ah, hello, i'm not gay though. this is counting the cost on al jazeera. you're looked at the world of business and economics this week, the climate emergency, the price of going green, and why it doesn't need to cost the earth. so what does the world waiting for? also this week, new zealand and economic testbed for inflation in the 19th half the world,
2:34 am
central banks watching closely for risk next experiment. this time it's targeting surging house prices. her iraq has no golds deposits yet. it's become one of the country's top exports billions export to turkey. we find out why i was a nation responsible for the biggest share of greenhouse gases in the atmosphere today. president biden has pledged more money and made new commitments to fight climate change. after his predecessor walked away from commitments to reduce harmful emissions that threatened to wreak havoc to global weather patterns, raising sea levels, and displacing people. washington is making climate change a priority. and once the number one, a number 3, big emitters, china and india to contribute more to the, it was a pandemic, has proven where there is a will. there is a way and money is no object. in fact,
2:35 am
the global cost of a transition to renewable energy by 2050 would be $73.00 trillion dollars. that's according to stanford university. which research has believe could be recovered over a period of 7 years. and there is added benefits, the shift to a 0 carbon global economy would create $28600000.00 more full time jobs than if nations continue their current reliance on fossil fuels. will not the united states wants to make the transition to renewables over the next 9 years. it could, the cost would be $4.00 trillion dollars or a little more than the cost of $2.00 wars. and i've got a son. that number comes from energy consultants with mckenzie, but even they acknowledge that would not be feasible because a social and political issues. but one of the biggest factors is what to do with businesses that emitting contribute to climate change. they would need time to transition. otherwise, the global financial system that includes banks, pensions and insurance,
2:36 am
could be sitting on losses of 20 trillion dollars. but there is a mechanism that penalizes big polluters by making them by credit to offset their emissions. it's called carbon trading. so you may have heard of deals like this where ill on must test last cells. carbon credits generating revenue of $1580000000.20. and this year volkswagen in china bought credits from the maker of electric cars. and then there are oil companies like b, p that are key to dump acids to reduce their carbon footprint. it's sold at alaska . oil feels to a little known privately held company called hill corps for $5600000000.00. the problem is the world doesn't see a drop in emissions. they still exist, but a publicly traded company with shareholders and activists has now offloaded verifiable emissions to a company that has little incentive to declare them. so this is what we're going to do will pick up on carbon trading right after this report from christmas salumi in new york. that's where our authorities are promising to have 70 percent of their
2:37 am
electricity come from renewable sources by 2030. it's one of the most ambitious clean energy plans in the country. in the heart of new york said the legendary big alice, once the world's largest electric generating unit, its owner rise, light and power. now wants to make it the cleanest with plans to build the largest battery facility in the country right here in 2 years, a storage facility for renewable energy. what are the challenges that you face to meet this deadline in terms of a c o, clint plumber acknowledges it won't be easy. our challenge is new york show. jen is also the countries challenge and world challenges. how do we transition from a economy? a city that's run primarily on fossil fuels for loans, that electricity, one that's focusing on now running on clean energy infrastructure, large electromagnet. and they're taking their dirtiest carbon spewing oil and gas,
2:38 am
fire generators, offline to make way for the batteries. they'll also need transmission lines to tie into wind and solar farms outside the city. but currently renewables make up just 2 percent of down state energy. new york is attempting to win itself off of fossil fuels. at the same time, it's taking another major source of carbon, free electricity, offline the indian point nuclear power plant in 2019. this facility alone was responsible for 13 percent of the state's power. while environmentalists long push for it's closure, some are now arguing nuclear power is currently the only carbon free technology able to replace fossil fuels. they point out the state is building more natural gas facilities to make up the difference. if you look at the examples of germany and vermont and california, there are small studies that have shown that when you get rid of nuclear in general air pollution and carbon emissions actually increase. still others say to switch to
2:39 am
renewables has to start happening for new york power to be carbon free by 2040 right now, bearing acknowledging when solar technology, this tremendous effort under way to make those technologies less expensive, more reliable. and we're possibly smaller all agree the need to keep the lights on and eliminate fossil fuels. mean there must be change on the horizon. christian salumi al jazeera new york. so that's just one story of the energy transition. and as we said earlier, many companies are using carbon credits to a their transition to renewables. but are they fit for purpose? well, my next guess is nikolai bartlet is the global director of climate change environment monitoring advisory. c. d. p. thanks for speaking to us on counting the cost, your latest research find that half of the world's biggest, 500 companies are indeed factoring carbon accounting in their business plans. but
2:40 am
let's just look at the top half empty for a moment's at this stage in our climate emergency. it's not really good enough is it's no indeed. i mean, we have seen an 80 percent jump in the last 5 years of companies internalizing carbon costs and, and, and those driving different investment stations. but we need to see a much higher proportion of them doing so as you've just articulated carbon pricing, ultimately places and monetary value on, on calvin itself. and whether it's in through regulation or what the companies do it themselves. the a mr. trigger a change in investment decisions. and of course, there's a direct link between companies doing this and the regulation and the market. we've also seen that it does drive change when it's used, so it goes hand in hand with some of the, the emission reduction activities that companies are doing. so we see a direct correlation. those companies that use the price and those companies that are setting science based targets, investing in renewable energy, etc,
2:41 am
directly correlated. at the same time i have a, it's interesting to see, you know, this year we've seen a big spike in, for example, the european emission trading scheme in terms of prices. the median company and the price, the median price can we see companies are reporting to us that they use internally is about $28.00. now this is below where the each yes spike to this year. so it seems to me that not only more companies need to do it, but the, the prices that they use need to increase, right? so let me ask you this, the cost of renewables are falling. and now is the time to push ahead and leave straggling companies behind anything else other than that, we'll just look like socializing their failures will to absolutely, absolutely. and of course it's not just about the noodles. and it's not just about carbon pricing regulation per se. there are a myriad of regulation signals that are coming down the market faust in many countries, almost all countries right now, whether it be targets,
2:42 am
whether it be standards, whether it, whether it be incentives, whether it be investment path patterns changing. these are changing the way in which we need to invest in the future and the assets we make in the future. we've seen a continuous increase in carbon pricing itself regulation over the last many years . we're about 60 full jurisdictions have a carbon priced right now, whether at a state or provincial level or at the national level. and of course, china announced that it will be launching and emissions rating system in 2021. but we need this quicker and we needed foster. and in terms of, of, of carbon pricing itself, it is incredibly helpful. full sectors such as cement and steel, where renewables and keen energy will not be the only solution to, to the technology challenges they have. you also have this announcement by the e u that it plans to have a buddha tax adjustment, which means that the,
2:43 am
the cost of carbon will be included in the cost of those products if they brought in from outside of the european union. and i think this is also really interesting and something that companies need to watch out for local were mentioning b p earlier on and b, p has sold at alaska oil business. the new buyer is a private company. so this is good for b p. but those emissions still exist, who is actually monitoring the private buyer. well, this is a really interesting question. and of course we may see more of this is a trend in the future. we see that with a significant number of fossil fuel assets right now, going into private hands, private equity. i think what we're seeing is we obviously need regulation and we need monitoring. now we have increased scrutiny on those companies who are listed and we need to now stop shine. the spotlight on the companies that are not listed and regulation is vital, of course. but all of the monitoring that needs to happen by and g o is by civil society by,
2:44 am
by the media. and particularly by the investment community themselves. we work with over 9600 investors that have about 110 trillion in assets. and over the last 20 years we've been working with them to get companies to measure and manage these type of emissions rates along many banks. apologies. i mean, look at banks for a moment. so while they talk about net 0 targets, that hasn't really stop them from continuing to finance, coal oil as well as gas ventures. absolutely. we have a, another piece of analysis coming out in about 2 weeks time, which really looks at what banks have disclosing to us. and while you see a significant number of banks saying they're aligning their own internal practices and if the investments and lending decisions with the power agreement with a below 2 degree world, this is not yet translated into a shift in their portfolios. we need to see that we need to see it quickly. i think not enough focus has been put on the banking community in the space. so we have the
2:45 am
momentum. now we have the scrutiny and i think civil society and other actus that's where they need to be. focus the financing of these things, needs to stop and banks play a major role in that. ok, nikolai bartlett, thank you so much for speaking to us from london. thank you very much. now before we leave this topic, one more report for you and it's important on so many levels because china is the world's biggest emitter of greenhouse gases, president she, japan has pledged to fight climate change, but the government continues to build new co plants. one of the leading sources of carbon emissions. katrina, you reports of judging and jang province. plumes of toxic smoke leaking from power plants and factories is common cited shanty. the northwestern province has for decades powered china's economic growth primarily by burning coal. it's contributed to the nation becoming the world's top pollution, responsible for roughly one 3rd of global carbon emissions. the cold industry
2:46 am
employs most of the people who live here. oh, pollution. lavinia is been polluting for decades. if they shut down all the factories or what are we going to do? everyone works for the factories. last year, this region produced about one point. 1000000000 tons of coal tine is reliance on burning coal as its main source of energy is its biggest obstacle to lowering carbon emissions. the government is struggling to find ways to curb it's use of coal without affecting jobs or harming economic growth. pollution caused by burning fossil fuels regularly shrouds the capital in heavy smoke. beijing, his pledge to peak carbon emissions by 2030 and eliminate them altogether by 2060. but it's yet to detail how exactly it plans to achieve this is not only about commitment is all about though what we actually do right. in the next 5 years we're expected, china can implement more concrete policies and to, to give us
2:47 am
a more clear roadmap. how they gonna achieve these 2 are carbon targets increasing the use of renewable energy sources is crucial. china is already the world's largest producer of wind and solar power. it's also the biggest market for electric vehicles. the government has tightened regulations to pressure carmakers into transitioning away from gas, but many say that's not enough. us climate envoy john kerry was in shanghai trying to convince authorities to do more. the eager to 3 in agree bigler. 44 big country with 1400000000 people that these goals are not easily delivered. some countries are in china to do more on climate change. i'm afraid there's not very realistic researchers say china, unless course down more than 500 coal fired power plants in the next decade to meet its climate pledges. but it continues to approve new ones at a faster rate than anywhere else in the world. the chance government is planning to close down some older factories here and build what it says. greener,
2:48 am
more efficient, whole facilities. some parts of china, at least it seems. the road to clean energy will be long and smaller. katrina, you al jazeera says, you province, china. the now think new zealand, what comes to mind the all blacks rugby team? it's mallory culture and it's picturesque landscape. and yes, it's exceptional handling of the pandemic. but it's also been known as a leader in the field of economics. back in 1989 new zealand central bank was the 1st to commit to a specific target for consumer price inflation venue. the biggest threat to the world economy. at the time, there was great opposition to the idea, but inflation fell from 8 to 2 percent over 2 years. and inflation targets were adopted by most central banks to tame runaway prices. so wouldn't surprise you that the prime minister just send to our durn has tossed the central bank to limit the
2:49 am
rise of house prices. an important issue globally, when you consider, despite the pandemic house prices have stored in new zealand, the average house price increase by 24.3 percent to $826000.00 new zealand dollars and march 2021 a record high for the country. now this is such an important issue globally on so many levels. so let's get some analysis from oakland. we're joined by bernie smith, who's the chief executive officer of the monte stillia housing trash. thanks so much for speaking to us on counting the cost, the prime minister to send the order and was a little elected on the promise of housing affordable housing. how's that going? it's not been going very well for the government to go. and frank, the 4 years and 10 so far prices have rapidly increased to the extent that it's actually creating homelessness, and costing the government a $1000000.00 a day,
2:50 am
just an emergency and transitional housing. so how did i get to the point where they say chronic housing shortage with president government would suggest that it was the previous, a national government. but they know, as well as we know on the ground that it's been decades in the making a by governments on the right and the left have that a real desire to have a market driven economy because it means a healthy economy. they haven't been building the houses, the level that they did in the fifties and sixties. and you know, the population has gone from 2000000 to 5000000 and we were just in the situation. now that seems impossible to turn around,
2:51 am
but i'm sure we will at some time. so is it possible to come point one reason or several reasons behind the house price raises? it is a speculation. the central banks printing money building regulations high immigration . what does that, or is it a combination of all of those? it's a combination of one of those speculators. for instance, if i've got a $1000000.00 in the bank, i am willing to gain a bad point 5 percent interest, which is very little retain. i could buy a house for a $1000000.00, and i click it and then a couple of years, some in some cases by can flip it on months and my hundreds of thousands of april a that taking advantage of the lack of supply of housing and
2:52 am
of course of a government assisting low income families with income related rent. so the speculation has continued. they the central bank as much as the government does desired to un, hender it, and the same, so for stopping or slowing down the housing market as safer bank a spice to be totally independent and it's mind drivers to ensure that the economy stays healthy. so really the government has no swipe on what it does. it can give advice, but it cons. instruct what happened to the government to $1000000000.00 plan to build more housing. can we build time to rebuild became the laughing stock of, of fund museum. and i really because to rebuild was trumpeted
2:53 am
as part of their election came buying to, to build $100000.00 houses per year. and so that i've a teen, you say $10000.00 a year. the steve, they wrote about 300 and of those 300 there were barely able to sell a half of ice. they're building them in the wrong locations. the price benchmarks were in correct. so the taken that target away totally. and now instead of having inspirational policy, says they called the k me bill, that they've got what they call foundational and policy. so in other words, i, we're not going to say any targets or in this for the long haul. and i'm the now i
2:54 am
starting to get a little bit of traction on the, on the key we build development, but we're talking about one or 2000. we're not talking about tens of thousands at this point. right. and do you think that it would be possible for the central bank to control house prices, inflation there's, there's no doubt that they are central bank could control if they cited chinese. but the difficulty is they need to manage the economy as a hall. and i don't see it as i understand it as the key responsibility. that's really the government's responsibility by ensuring that the government pozole the labors at possibly chain to ensure that that housing and that is a right to every individual in this country, in many countries across the world that everyone has an opportunity,
2:55 am
withers rainbow, or whether it's a purchase and the government's just not doing it because they're becoming more central. and i believe the, the more focused on being re elected in a couple of years than what they are in the st. so being fright, just on the needs of families that are falling into homelessness and i focus their own bernice has said the chief executive officer of the month of cecilia housing trans. thank you so much for speaking to us from auckland. no worries at all. thank you. and finally, gold has become one of iraq's top exports, despite there being no gold deposits in the country. in 2020 iraq exported nearly a $1000000000.00 worth to turkey alone. so what's the secret osama bin job aid reports from baghdad. in an old bagdad workshop, the same melting pot has been used for decades. no jobs,
2:56 am
i mean converts old gold into 21 carrot bars. in the chemical process, each element is carefully measured and added according to the weight. he's been doing it for years, but business is not what it was before. the 2003 us invasion. now with the rising demand for newer and final designs, most of his orders go to turkey or gulf states for local goldsmiths. it's difficult to compete with more than machinery, cheap electricity, and labor. and it's mainly due to the i'm a, any. we hope the government supports us with new machines. we want support for the workshops and we demand to stop exporting gold. gold is now among iraq stopped, 3 exports after oil. the trade with turkey alone has reached nearly a $1000000000.20 in 2019 doesn't produce gold, but imports it from other countries. and gold traders export it for processing into jewelry. so now lear and this,
2:57 am
the local good industry has died nor does go but all local industries and there's a lack of electricity. iraq is not attractive for investment and not business friendly. 3 or traders and businessmen go to turkey and other countries because it's better quality and cheaper. and so how much gold goes in and out of europe. apparently, there is no clear data. we asked the ministry of trade, who directed us to the ministry of finance, who told us to ask the central bank, which in turn said that data must be kept by the ministry of planning. wise i let me often was told that in fact this issue of how much is imported is not our job. we only plan for the quality and legal important out of the organization for quality and standards monitors. goldsmith all over iraq. also, we have offices at border crossings and airports to guarantee quality and reduce smugly. deep rooted corruption and a weak economy makes it easier for black market operators to move things across borders. diplomatic sources told out there that due to lack security crossings,
2:58 am
and lawlessness is gold being smuggled from neighboring countries. and iraq economic uncertainty leads to increase local demand. despite the current could on a wireless pandemic. this bar of gold costs about $55000.00 in today's market because of iraq security. many families are investing in precious metals, rather than keeping their money in dollars or iraqi dinars from glittering religious sites to important social occasions. iraq, these have had a centuries old relationship with gold. and as the precious commodity is now a major economic entity, they want the government to ensure it adds to the economy, rather than taking away from it from my job without a 0 fact that and that's or so for this week, but there's more for you online at al jazeera dot com slash ctc, that'll take you straight to our page, which has entire episodes for you to catch up on. i'm darian abigail or you've been watching counseling across thanks for joining us. the news on al jazeera is next.
2:59 am
ah ah. ah, inculcate a culture of knowledge, openness and pluralism, world wide eyed to reward, merit and excellence, and encourage creativity, the shape, tomato, ward for translation and international understanding was found to promote translation and honor translators, and acknowledged the road and strengthening the bonds of friendship and co operation between arab islamic and world coaches blue in pakistan's largest city,
3:00 am
climate change in water shortages are driving some residents to desperate measures . one 0, one east meets the waters of corruption. on al jazeera lou . well, number one, tennis star, live joke, avenge has been told to leave australia. a botched visa application is to blame. ah, hello money. sorry, this is alex. is there a lawyer from day or so coming up coping with cove it as cases rise across the globe? government seeks to find a balance between keeping.

42 Views

info Stream Only

Uploaded by TV Archive on