could greatly disrupt spain's olive oil production line. the country provides nearly half of the entire global supply. agriculture already places, huge demands on limited water resources. industry leaders here this summer's shock could point towards a future not too far away doing it unless it feel everything indicates that what used to happen occasionally is becoming something structural. this unfortunately means average temperatures will wise with higher peaks as well and very little vain . and when it does rain, it's going to be $21.00 already along with other vegetable oils. prices are going up, although produces, say not by enough to compensate for this year's collapse. tavis a lot a little bit. they did a little green gold, oil, vegetables, everything has gone up because of the inflation and also now with the small production of all the vote, it all has an impact. when it comes to rising prices in the fields, the work goes on the a to salvage as much as possible. if this is harvest,

the forecast is for more dry weather in the coming weeks. and while that's a worry, the real fear is what will happen to this area, farmland, in the coming years? are you force it? i'll just euro southern spain. ah, you want you over there with me? so robin, don't reminder of all top stories. the battle is intensifying as the cranium force is trying to advance into the hands the region. thousands of russian troops have retreated in recent days, leaving behind major destruction. russia says road and rail traffic is resumed on a vital bridge that connects crime. it may non russia following an explosion, and on sunday, ukraine's present lot of his lensky reference the bridge attack and his nightly address. fellow, today was a good and mostly sunny day in our country. unfortunately, it was cloudy and crimea, although it was still warm. but however,

the clouds ukrainians know what to do, and they know that our future is sunny. this is the future without invaders on all out here. traits in particular in crimea, south korea and japan say north, clarified to short range, ballistic missiles. the 7 such weapons tested recent days, south korea's military called that a serious provocation. that homes piece launch came out after the u. s. and south korea completed a new round of naval drills. rallies have been held in cities across the us and support of reproductive rights organize the hoping to encourage people to vote the politicians to back abortion rights. it's a critical issue had a next month, mid term election doing the way that is ready. soldier has been killed either wounded on the military checkpoints and occupied jerusalem. please say a palestinian government open fire on the check point. the fat refugee camp that a funeral. it's been held for 17 year old palestinian boy kills lions ready for his

jury rate. in the janine refugee camp palestinian officials say is ready. soldiers is killed at least 3 teenagers nails, replied westbank in the last 24 hours. us is revealing your requests from hates, he said social security support is asked for a specialized opt for says the security situation on the island deteriorates guns of blockade. the main port after the prime minister ah, anticipation is rising. so with cattle aways, people across europe are struggling to pay storing energy bill, but the

e u. com to agree on capping the price of natural gas, which is in short supply due to russia's war in ukraine. so what can lead to do to prevent a winter of discontent? this is inside story. ah hello there and welcome to the program. i'm laura kyle. time is running out for europe to contain storing natural gas prices. russia was the constant main provider until it invaded ukraine earlier this year. sanctions and disruptions to pipelines such as the north stream, one in the baltic, sea have dented supplies, so households and businesses being forced to pay several times more than usual. european union leaders have been meeting in the czech republic to discuss ways to

keep costs down ahead of winter. 15 member states one's an e u y price cap on gas, but others, including germany and the netherlands, are against this. germany is focusing on subsidies to protect its own businesses and consumers may bring. poland says that is not for the rest of the block. and the head of the european commission is urging members to unite behind a common plan time and again. the single market has proven to be our single best asset in times of crisis. therefore, we need to preserve it. it's of paramount, important that we have a level playing field and that we avoid fragmentation and distortion. on the contrary, we have to make possible that their investments we have to double down on investments in homegrown renewables, not only for the climate, but also because the transition to the clean energy is the best way to gain independence and to have security of energy supply or the

e u has already agreed other measures to reduce demand and protect supplies. these include a so called solidarity levy on energy companies, excess profits, and a cap on revenues made by non gas electricity produces a mandatory 5 percent cost on electricity consumption during peak hours. until march next year, and a voluntary 10 percent reduction to be decided by each member state. many have already set standard limits. it's lee in spain of order the maximum temperature of 19 degrees celsius for central heating. while germany has turned off hot water and public buildings and frances, even put speed limits on ski lifts and was producing less artificial snow or storing energy bills and rising living cost, some triggered protests across major european cities in the past few months. and this was a dominant issue in the recent elections in italy and suite them outsourced at boston as more for one protest in prague. oh,

this is the largest straight union rally in a protest against the property. that's how they call this valley. and we are meeting here, factory work from all kinds of industry, some metal industry and textile industry communications when the medical workers right here. and it all complaining about the high prices because the check republican, that's one of the largest inflation rates in europe. more than 70 percent a lot. oh, but also fuel, they want the price on gas to go to the general public. was 100 percent depending on russian gas before and now they tried to import gas from everywhere had the cars are tremendously high. so that's what they are asking for and money many more

people are expected to come here today. so everyone $50000.00, maybe up to $70000.00 would be coming up faster for al to see iraq inside story. ah, let's bring in august now and in until rebecca christie a non resident fellow at frugal. that's a brussels based economic think tank in london, max lawson, head of ox famines, national inequality policy program. and im bought on keela columbia. anna maria, hire mackerel, which she is an energy analyst for the europe team of the institute for energy economics and financial analysis. a welcome to all of you, anna maria. let's start with looking at these different price caps. there's all sorts of different proposals on the tables. what are they a, why can't you countries agree on them? hi, they are very different. they all are a mean to secure some type of gas to the system, to the, to the,

to the continent. but they like coordination, they like they lock us mart, unsustainable solution for the continent. they all want. so some of them want to cup on the energy that is important. orders on radio, see now what the consumer is paid, but then there's another one. so they want to kind of mixture between them because he's difficult. if we, if we put a cup on the price we are want to pay for the gas. we could have, we have a great competition outside. and perhaps some countries are worried that they will lose buyers. yeah. that they will own to sell to them a. so it's not an easy solution. each on each. each country has their own needs. and what we need is a coordinated action that will be beneficial for all the company. so rebecca,

we've got 15 member states wanting an e u wide price cap, but germany and the netherlands are against that. why is that? particularly? i think you're talking about a price cap on natural gas, which is of interest because natural gas is not affected by the sanctions that have been put in place on russia. if anything, russia has been defacto putting gas related sanctions on the you through limiting supply. i and as a consequence of all the technical issues with the pipelines, so you have the issue of what consumers and wholesalers are paying for natural gas . and whether it's best to have a market signal, a subsidy, some sort of regulated market how you're going to help europe get through the winter. this is very different from the oil price cap, that the e u is trying to put specifically on russian oil. perhaps as an alternative to ending all exports of russian oil. so they're very different cast with very

different goals and it seems, or back of the countries attending to veer towards taking their own approach. and this is upsetting. e, you unity. how difficult is it to reach a consensus because they are very different countries and very different needs? when you talk about taking your own approach, you really, i believe talking about energy security and how each country is looking to handle its domestic responsibilities in terms of keeping the heat on and the lights on it difficult because it best has ineffective budget. some countries are able to borrow more in public markets and others, and it's brittany to coordinate all this stuff in a way that pays for it. and that doesn't cause other people to feel like they're paying for their neighbors. max is, is a very, is on the easy issue to manage isn't even if you are doing it, country by country, can you explain the rate at which these energy prices are spiraling and the impact that it's having on the people?

well, i think we work for people all over the world are also very poor people in europe in spain. here in the u. k. i talked to exaggerate the impact the prices i was just reading today about how we already year in the u. k. i have 4000000 people using food bank, so food charities that give out food because people are hungry. many, many people are now coming in. please give us food code that you don't have to cook because they're unable even here in october. the beginning of the winter to afford the energy to even cook the free food. so it's hard to exaggerate the pain of the but he's, those are hard to exaggerate the profits at the top. you got an energy industry that's making around $3000000000.00 of profit a day. you've got 72 new food and energy 1000000000 is 72 new 1000000000 as a top of the existing in the oil gas and food industry. so, you know,

is profit to be made enormous when is to in the situation. so something has to give, we need to see guys when it contributes more to helping people annemarie. i would do, you don't say that those, those when, as opp, helping to address those wealth inequality when we're looking at many countries already bringing in a wind full tax on profits. yeah. they're, they're all healthy. but maybe just one solution. you know, the know often we all have to work. as i said in older times i've said we need to re solutions. that will tackle 3 main things that are energy security, any transition goals on cost. so any solution that comes into play have to break a wider benefit to all the communities and if they are helping but just one solution, one be and all they need to also war come to be mon side. and that's the part that i am struggling to see europe,

that all solutions are mainly from the supply side there. and i think all the problems that we have on this plagiarism. but i want to see program immediately starting in all europe on how to sleep. the month and how can we bring break sample? he pain, he's been in the state of a wait because that is the worry. now you're going to come to december. we that he's coming. we need, he'd seen, and by your re fi of the country they have, they use god for central heating. so i was, i would like to be social on the demand side because we are just focusing supply side, max toward extent. do you agree with that? but consumers and businesses should be responsible as well. so this, by reducing that demand, i mean, i think in the u. k. might be one of the few countries in europe that is not requiring people to change their behavior of consumption of electricity. i think i would agree, but let's again, be careful of the tyranny of averages. so we said consumers in the u. k. we're

talking about a hugely cool country. so do i think rich consumers should massively reduce that consumption of energy even in normal times to you know, the rich is 1020 percent of every country in europe dominate the use of carbon, the use of energy. and alex, using far, far more carbon than they could if we're going to save the planet. so i think we need to be careful saying that all consumers need to somehow tight their bells. we think of those people, the term in wrenches or combination, one in full life, death from cold in winter here in the u. k. these are very poor people, often elderly. so i don't think we should really be telling them to conserve energy something let's be really specific about who we mean the top in every society, massively over consuming energy in europe about so what are your thoughts on that? because as we just heard this lee in spain, for example, ordering

a maximum temperature of 19 degrees celsius for central heating, it doesn't sound very high. do you think that makes enough of a difference to warrant? it demand certainly will help. and then the other question is how countries can, how make sure their most vulnerable are getting assistance. this is something that makes to me more sense than just regulating the entire market and lowering prices that even very well the people can benefit from. instead, he leave the crisis high to encourage people who might have a choice about how much they spend on energy to spend less. and then you provide direct aid to the people in less fortunate circumstances who just need help getting by. rebecca, this is what germany is doing, is that it's created this $200000000000.00 aid package, which will help people with the soaring energy bills. but it's coming on to massive foreign from other parts of europe. that is saying that it's just going out on its own as creating unfair competition in a single market. there's

a lot of concern that a country like germany that has a lot of fiscal space is benefiting without sharing the wealth that people across the, you believe comes from the single market as a whole. so there's a feeling that germany would do better to use its economic power to help the entire continent rather than simply focusing within its own borders and leaving other people do the same. given how critical germany is of the way other people spend their own money and also you finances, there's lots of he said for helping vulnerable populations. there's a lot to be said for looking for ways to structure aid and to structure market incentives of the market will work. but it needs to be done in a way that people believe is fair. that political presumption is important. annemarie, you mentioned that demand is important, but cups whilst they may ease the cost,

they certainly don't restrain to long do this. so this is kind of dichotomy. those as to how good and how well they will be received. what i would encourage more sweet. she got the bond, for example, there are alternatives for heating that he's one of these that are the main worry right now for the winter. so why do we encourage more rob, by, you know, he's installing people, homes, you know, maybe solar panels for keeping school. so that he might be mind, you know, different ways and i think that's what we need more technical aspects, not just the financial part. you know, we need to understand ok, how is the system work? how we need to understand also property, our network, how east the gas or the energy behave, they were in all europe, to understand words, can we move flows around where it can be might be distributed in different places and what can the governments help do? so switch those consumers, their demand that there are hobby, with god to older,

sustainable solutions or renewal sources. yeah, no, i think i think it's not just financial, we need to work. i'm technically shows here. mike, this is an opportunity, isn't it? to speed up development in the area of renewables. and in the longer term, renewables should be more energy and cost efficient across the board. to do that, we need to transition faster. but i think we need to be very careful in describing what's happening right now in europe as an opportunity. i mean, the huge suffering, it's huge chunk of the people at the boston, the economic period. remember, they don't own their own homes, they're renting their own homes, that they can somehow find the heat pump and replace the rickety gas in the immediate future, we need to stop our people dying of cold. in the next 2 or 3 months, i think we need to be very, very careful and present on carnival junior paint. but do i think that we need to

structurally transition as rich countries away from fossil fuels? and could this leave, this is in a position where we, we do that quick, i hope so. but right now i'm much wide about stopping people dying or cold. so if we're looking across europe, which countries can you point to, to be doing a good job. so far, protecting the most vulnerable in our society this winter. i think the spanish government is doing a good job of implementing semi universal base. you can count which they were before. now talking about wealth taxes as well as when full taxes is true, we're seeing when from taxes being implemented, but they're not high enough. you know, during world war 2 and other crises, we've seen winful taxes up to 9095 percent on excessive profits. remember, these are profits being made above renewables, non profit, profit making excessively. so these were from taxes could be much,

much higher. and we could also see taxes on the richest people in the last 23 years, starting with kind of at 19 and now with the food of energy crises. you've seen that explosion in wealth at the very top, across the rich world. so people are much, much better off at the very top. so i think span needs to be congratulated to thinking about, well, taxes is what is when tax the opposite extreme. we have a government here in the u. k, which seems to pitch the worst moment in history to give why enormous sums of money to the very rich. and i think that's suffering politically as a result. so yes, a huge variety across the continent for government and, you know, any quality is a poverty inequality. and poverty or policy choice, you know, people die your code. that's a policy choice. it doesn't have to happen in europe. this went back to when people are unhappy they can express it through protests. they can reflect that the ballot

box as they get the opportunity to what extent do you think europe is going to see the more extremist politicians in their political structures? capitalizing on this malays. we certainly see big political shifts and we certainly see voters pushing for change and looking for something different. it remains to be seen whether outside politicians will adopt extreme positions once they're in government or if they will try to govern at least somewhat toward the center. italy is of course we're all eyes are right now. you mentioned taxes, georgia, maloney has said she and her party would like to lower the tax burden on ordinary citizens and lower the labor tax burden. italy has one of the highest ones and yet find ways to keep the country's economy going. so it may be that she'll be

able to do this and move toward the center. it may also be that rather than focus on the sorts of economic measures, they'll just be a lot of prostration and measures designed to draw out that frustration. and that will be worrisome. i may seem simple to ask, but why can the supplies that we've lost from russia simply not be replaced with other supplies from norway, from castle, from the us. you may think there's plenty in the world to go rounds and why kind of notice be diverted to where it's needed. okay, 1st of all, we are, we were a borkin 100 feet. the bcm from ra shall be a pipeline, is a closest up country to europe. and in pipeline a transport is cheaper than energy. ah, there. so there's enough, there's a lot of gas around, but they're all already sold in long term contracts. so most of those contracts are

already signed years ago to say got that with their own by years they have already cycle. so it's not that you can just call me and say yes, i want all these little things back to your to import a guy. but that's when i, when i really encourage europe to be as bart, not just build deal, you know, for the sake of because we need more. and then you terminals. we have the case of a state, for example. they build more than 10 years ago. it's a lot of energy terminals that they didn't need it, they haven't needed that. and even if they call it, they come export more to europe, there wants to be already utilized, could be maybe 60 percent maximum. so that's what we don't want. we don't want the strongest acid, you know, we want, we want that whatever is your email in space in europe, it will be sustainable for the future. and then does it, does that then you can just bring in nearly all the, all the production from older parts because they need to also be invest in

production and they need to switch buyers. we have a big issue right now with asia, for example. there are some buy, you're seeing a show that they're struggling to pay for the high energy prices that europe can be . so then there are also having be friends with a wealthy in other countries, but these are their energy needs. so we are seen also energy over 2000000 into older pieces in the world. so it's, it's very, it's is, let's say, elegy is behaving not lost the world's commodity, y'all, where all the fees are expected. and then we have seen that the end of this year, i systematically, or reliability of, of all the gas value chain with. so for example, a few days at goal malaysian n g had a problem with their export and terminals. their main buyer is one of them and these japan. similarly japan, prices like cure long term contract and the government has given them so long to do

it. ok, so everybody in the world was that? yeah, yeah. rebecca, i haven't got much time left but i want to point out the you have mostly scrambled to get enough gas to cover this winter. but what about next winter next winter is a big question. it be nice to get through this winter 1st as you point out, europe has filled up its reserves. so the question now is, will it be able to refill them once it uses them and that will depend on a lot of these policies we've been discussing today. and mike, what happens when people are simply unable all refuse to pay their bills? what happens then? well, i mean, i think there's a mass protest building in many parts of europe. certainly here the people refusing to pie. and i think a lot of people won't be able to, i don't think there will be increasing an ultimately a lot of suffering, as i said, are you wanting 5 old people dying from cold here in the you kind of just last

winter here. real, real suffering around the continent and completely unavoidable. this is a policy choice. parker. let's tax corporations effectively fairly low tax, very rich people. let's protect the poorest. ok. invest in transition. that's what we need to do. busy adam ray, just in the last 30 seconds, will the e you do that? hopefully. yes. ok. all right, and then we will leave our discussion today. thank you very much for taking the time to join us rebecca, christy, max lawson and anna maria makeover of it. and thank you to for watching, you can see the program again any time by visiting our website, al jazeera dot com. and for further discussion diggers, while facebook page that facebook dot com forward slash ha inside story. you can also join the conversation on twist. we are at a j inside a story from me, laura kyle and the whole team here in doha bye for now.

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