i sing on the cake to make it six. it was in the dead news coming up ahead on the day the u.n. climate change panel issues its most dire warning guess what global warming to us economists when the nobel prize for their work on the economics of climate change and technology. that's been then fizzled and coming up shortly. where i come from we have to fight for a free press and was born and raised in a military dictatorship with just one t.v. shadow and if your newspapers when official information has a journeys i have walked off the streets of many cantors and they have problems are almost the same point to source inequality a lack of the freedom of the press. corruption we can afford to stay silent when it

comes to the fans of the humans and see the right to fools who have decided to put their trust in us. my name is johnny carson i work with you. to do a good. how to promote long term sustainable prosperity the twenty eight hundred noble economics prize goes to two scientists who explain the interaction between the economy technological innovation and global warming the. members ill stock market saws after a far right firebrand wins the first round of the presidential election promising sweeping economic reforms. and big fizzle and lets do business the noble economics prize is going to two americans and the topic is very current governments

continuously encourage us to spend economies strive to grow and we'll have to be more productive but at what cost to the world we live in this next pair of economists has won the ana and quite a bit of cash for a search linking economic growth and global warming. awarding the prize to william nordhaus and paul romer the nobel committee said it was funnier in two economists who've been tackling the most urgent questions of our age climate change and sustainable economic growth this year's laureates have provided us with tools that are crucial for understanding how the economy interacts with nature and with knowledge and which policies help generate sustained and sustainable long term economic growth william de nordhaus is a professor at yale university and an expert on environment and climate economics you combines economics with natural sciences to show how the economy changes the climate even as climate change affects the economy nordhaus shares the prize with

paul m. romer of new york university romas work focuses on how innovation drives prosperity the problems of developing countries and the distribution of wealth. both laureates of advice governments and international financial institutions in the past they both welcomed the prize which comes with a million dollar check things almost didn't quite work out. to harm called morning and i didn't answer because i caught up with them call how i wasn't at work and expecting their progress. awarding the nobel prize for economics sciences to two economists who put environment climate change and social justice of the center of their research is a clear signal to us president donald trump has removed the us from the paris climate accord. accepting the prize on the telephone poll roma was at pains to encourage governments businesses and households to tackle global warming themselves

if it's higher and we talk about. produce carbon there's some trade are but once we start to try and reduce carbon emissions we'll be surprised but it wasn't as hard. as you some questions yes i don't have a comment from the business joins us to tell us more about these two guys again the other two men who've won the oil and exactly tell us a bit more about these mit so william nordhaus of yale university he's called the the father of climate change economics he's been doing this kind of research since the seventy's he's a true pioneer in that field and then we have full roma of new york university he's more looking and i guess it's interesting that he's been working on this topic for such a long time because it gives him a really good insight into how things are changing but tell us more about what

they've specifically been rewarded for so nordhaus is essentially asking how can we grow the economy without destroying our planet this is a big question he's set up a model in which he sees and investigates the connections that the economy and the climate have and in that with this model you can predict how policies like a carbon tax that has been discussed for many years now what effect that would actually have a global warming roma on the other side as i said before he's talking about technology and how this affects growth he says ideas are very central to keeping growth alive but only in certain circumstances is it is that ideas can actually you know come to life so what circumstances are these that's his research of ok so in other words it's not always a good idea may not always be good or good for them. arman at least now i find it very interesting that this announcement comes on the very day that climate

activists saying we've really got to do something now to save our planet is the timing a coincidence and an absolutely the report that came out underlines once again that is one of the biggest challenges that we're facing and i think this prize just shows the economy is such a big contributor to climate change to global warming so it actually just makes sense to look for solutions there and the committee has awarded these these two economists who are looking for answers on exactly these big questions so the timing is just right thank you very much for coming in today this year's winners of the noble economics prize as you heard there william nordhaus and paul romer thank you very much international energy agency has issued its annual report it says even though the share of green energy is growing around the world by twenty forty renewables will only account for eighteen percent of the energy mix that's well short of the agency's sustainability target. renewables will be the fastest growing

part of the global tricity sector the report says they'll provide almost a third of power demand in twenty twenty three from about a quarter in twenty seventeen when you both currently make up more than thirty percent of germany's energy makes us almost forty percent of the country's energy needs are still met by burning coal. thirteen percent comes from atomic power stations compared to about a third from a nubile energy like wind and solar power. and other sources top up the rest of the energy mix. for love renewables are for us to account for more than seventy percent of growth in global tricity generation according to the international energy agency's report. solar photovoltaic technology followed by wind hydro power on bio energy are expected to lead the field in terms of growth

but hydroelectric power remains the largest renewable source sixteen percent of global demand by twenty twenty three. but despite the growth in the renewable sector the i.a.e.a. warns it won't be enough to meet long term climate and sustainability goals the agency says the areas which are not moving to a new both quickly enough transport and he seeing both for home and industry. are dead frank for now correct blues in is out of print but stock exchange for us and to the big topics this week both pertaining to i.p.o.'s what's happening. there spend two i.p.o.'s are scheduled this week here in frankfurt two very different companies from very different sectors tomorrow west wing will have its listing and internet shop selling furniture and other trendy stuff via the internet all over europe and on friday very big relatively big i.p.o.

will happen here in frankfurt cannot of grams of makes breaks for lorries and also for railway trains the i.p.o. could be valued or the company market valuation of the company might be up to fourteen billion euros and this would mean that this i.p.o. of might be bigger than the one which up until now has been the largest one here in germany so far siemens healthy there just briefly good timing for these guys i mean there's a sell off at the moment which continues. that's true but if anything this encourages companies to make their i.p.o.'s now you know with interest rates rising in the u.s. there is the idea on the markets that we are ending the end of a cycle and that this is the time for a company to go public if you want to do it conrad who isn't at the frankfurt stock exchange things. european air space plane making giant air bus has just announced

that she your fall he will succeed tom indices and distance down this april its year old fall he is headed. commercial aviation division and job will probably keep what he takes over the leadership. brazilians are on the cusp of handing the presidency to a brash former captain who's written his fondly of dictatorship far right congressman e.o. bodies so know who has pledged to jail corrupt politicians and reform the economy something that's desperately needed. but that's just good for thirty five years korea worked at the stock exchange in rio de janeiro but when he suddenly lost his job he needed a new source of income now he works as an driver to feed his family and keep his children in school. i think that becoming unemployed is a very bad moment where. i was about to get retired and i felt very

scared. so many jobless brazilians the now offers a solution there are over half a million drivers here brazil is the company's second largest market the olympic games and the world cup took place off the back of a financial boom but it quickly abt away leaving hundreds of thousands of people turning to the informal sector. some analysts say the increasing dependency on the state leaves the government unable to do much more than just cover running costs. the social work book we didn't make or board you know life expectancy greil we do so through security before it. even with you begin to grow so we. move between economics and social. brazil's next

president will face rising debt and the budget deficit of around seven percent of the country's gross domestic product the new administration will have to take quick measures to control spending if it wants to avoid falling into a new slump. business.

the arctic is swimming in garbage and it gets worse every year. millions of plastic particles are polluting the seabed in the arctic ocean. but why does litter pile up in a vis remote region of the world. researchers from germany are trying to get to the bottom of this mystery. to morrow to dig next d.w. .

much more cities are under pressure they're battling recruiting problems outdated and broken down equipment and limited budgets. all the challenges a huge wasn't mature enough enough planes were not enough transport helicopters were not enough tanks have tank divisions that don't have time some. innovation and modernization must serve them in a trade. so outsourcing and privatization are the order of the day in all areas but not composed of dangers. to sleepless finish finish we won the risk of becoming too dependent on private contractors who may not provide the services they promised often slicing every tiny bit of wall goes on profit center businesses make more money with everything from the common sense dreams to laundry facilities firms are still treating the armed forces in france france germany. the

jury industrial complex starts october twentieth on d w. welcome to tomorrow today thanks for joining us coming up. an astonishing mammal that can shrink or grow as the seasons change. we also look at worms and fish that provide ten.