this is p.w. news live from berlin the largest climate protest the world has ever seen so say the organizers as millions mobilize to protect the environment marchers in more than 150 countries call on the world and world leaders to do more also coming up after marathon talks german chancellor merkel's coalition government makes a breakthrough on a 50000000000 euro climate protection package but will it be enough to satisfy the industry and is very mental activists.

are welcome to the program a day of worldwide protest to demand action on climate change is continuing with hundreds of thousands taking to the streets the movement started with kids skipping school on fridays and has grown to become a global force uniting young and old we begin our reporting here in the german capital were organizers say an estimated 270000 people converged on the landmark brandenburg gate. it is a measure of life and death nothing less this is how many of those demonstrating here in berlin see it when it comes to global warming these protesters are standing on melting ice blocks. you know what i want to demonstrate so that things get better now and won't be destroyed and yes. she does i want things to change i want

us to do more and talk less. this time it's not only the young protesting for more climate protection some proud that parents and grandparents people of all ages are demonstrating here in the heart of the lane they are asking the german government to really take measures against global warming but many here doubt that things would really change for the better. the german branch of the worldwide freitas for future movement has organized this protest they're asking the german government to completely switch to renewable energy by 2035 and sure respect the goals of the paris agreement they're getting support from hundreds of entrepreneurs. yes entrepreneurs have to promote climate protection it isn't right that become police work out or backroom climate deals that won't change things this is about our children our grandchildren about my life

. if i do business better if we focused on humans and the environment and not just profit. demonstrators here do not only ask businesses and the german government to do more they see climate change as a global phenomenon that has to be tackled internationally in a joint effort and it's not just us in germany but all of the world's many things are going very wrong the classes are melting there will be more floods. many here say that germany has a rich and technically advanced country has to take the lead we got. climate protection. right now. as the mass climate protest was underway in berlin germany is governing parties finalized a deal on a major climate protection package after marathon overnight negotiations chancellor angela merkel announced the details of the deal between her conservatives and their

social democrat partners the deal includes incentives for buying electric cars and measures to help households transition away from using heating oil. for more on these kind of measures i'm now joined in the studio by our chief political correspondent linda crane and business reporter steven beardsley thank you both for joining us so melinda the coalition struggle struggled for more than 18 hours to get to this agreement is this result though really the big solution that germany was promised no it's not if you look at the centerpiece of this package in the package spend 70 different measures but the centerpiece is a carbon pricing mechanism that's one of the reasons they were they are negotiating through the night because it was hard for the grand coalition the social democrats together with engle america's conservatives to agree both on what kind of pricing mechanism they wanted and at what level it should come into play and basically the level they have chosen is a pretty low level it will be phased in low and gradually meaning the impact on

fossil fuel prices is going to be fairly low at 1st now it will face up toward the end of the decade of the 20 twentieth's but basically experts had said that the carbon price needs to be around 35 euros a tonne for it really to have an effect on behavior this measure isn't going to get to that until some time in the middle of the 20 twenty's so for instance the leader of the green party declared herself bitterly disappointed however the chancellor seemed to anticipate criticism like that she said scientists may tell us we could and should move faster but the fact is politics is the art of the possible and what's possible right now is only a compromise that does take everybody along so that was her answer to the critics that's even in the middle of all this what does this mean for the country's budget where this has been a very important point because of course germany has that strong tradition of a balanced budget as melinda knows this is something that generates

a lot of domestic debate especially recently because interest rates are so low and so a lot of people are saying it's almost criminal that you're not borrowing right now especially. you have such a major climate infrastructure need and the rates are so low they're negative but it's what this agreement says that they're going to abide by their budget plans are going to abide by the balanced budgets and that for the 1st few years they will pull mostly from the budgets and from an already established environmental include climate funds but then as that emissions trading system starts to kick in they're expected to generate revenues for other things what's also interesting they plan to establish a green bond system this is also been a subject of debate recently because the proposals were for a 2 percent interest on that when people are paying germany right now to give them their money and hold it for them so it doesn't physically make sense. speaking of people paying budgets all of this what does this mean for your average charmin what

are people going to benefit from in this new package where the chancellor basically said all of this is aimed at changing behavior at make at getting people inducing them also through incentives and disincentives to shift away from fossil fuels to more climate friendly technology there'll be some subsidies for electric vehicles for example for more rail travel for wind those who drive are going to feel the pinch eventually diesel and gasoline prices are going to go up but all of the politicians who spoke today in introducing this package said we are absolutely intent upon ensuring that there is climate justice in this package that means the burden should not fall on those who can least afford it they will be compensated for example they will be tax breaks for commuters critics say that will actually undermine the behavior of the swift shift that we're looking for but there was a lot of discussion today about the fact that it is essential to bring people along

the only go along if it doesn't hurt too much. so sounds like steps forward for climate activists but how is the business world now reacting to this even seen any really strong reactions. this so far that a lot of these measures were accepted this was always a debate between whether this was going to try and curb consumption or whether it was going to invest in new technologies the latter is what business wants and we've actually talked to the head of the german airline industry earlier today before these package came out he said we would love to be carbon neutral we don't want a carbon pricing plan especially since people want to fly more and more actually they're not curbing their behavior but it looks like in this package we don't see any efforts to help industry for example find a carbon neutral fuel which you know is supposedly out there but needs help and support in other ways we do see efforts to really help industry through support of packaging and does this deal provide industries what they've been looking for i think for the car industry we should really look at that it does provide them 2 key things that they needed and wanted one was an extension of

a tax subsidy or no sort of talk subsidy it was a it was a return i believe of $4000.00 credits for the 0 credits extends that actually increases that for cars electric cars under $40000.00 euros that's something that could help sell cars and then importantly charging stations there's a plan in here to build those out to 1000000 charging stations in germany by 2030 currently there are 17000 across the nation so you can picture how much investment that's going to require but that's what the industry wants and melinda quickly we've seen these mass demos happening on the streets has there been a reaction from the people who are out today you know they were too busy with their protests but the fact is this is not the bold action they have been demanding this will not get germany where they want to see it go so i think there will be some disappointment in the days to come. even beardsley thank you so much for joining us . and now we're going to check in with how the worldwide demonstrations are going

with our correspondent in new york city alexandra phone naaman who is on the scene where also swedish teenager gratitude is leading the protest alexandra what's the atmosphere like where you are. all my own what we are witnessing right here in new york is a very cheerful and colorful process and the streets are will be packed with students and therefore we even had to move to go a few steps away from the main square with because we couldn't get a transmission signal from that because so many students have come together here in new york they've brought signs and pictures they painted showing the earth as it reading that this is our home one side ratz oceans are rising so are we and why i took to choose a high school to high school students from new jersey and they told me that they wanted to be here to be part of this global movement because we're talking about

the future they said and they also said that they would love to convince president that there's really such a thing a fact that climate change is taking place now as we've said the fridays for future founder gratitude she is spearheading this rally in new york today let's take a quick look at how she has been energizing young people around the world. why he was god then why do we wonder. why scientists and veyron mental organizations and politicians have been trying for years to make the climate a matter of urgency in vain 16 year old plato to mark has done it to him bird brave the open sea on a 2 week voyage aboard a yacht from europe to the u.s. to bring her message to the american president a self-proclaimed climate skeptic in person the media follow the trip closely. the

climate an ecological crisis is a global crisis and the biggest crisis humanity has to face and if we don't manage to work together to cooperate and to to work together despite our differences there we will fail so we need to. to stand together and support each other. and to take action it all started about a year ago every friday got to tune back protested in front of the swedish parliament and in so doing spark the fridays for future movement just a few months later the schoolgirl mobilized millions of people for the climate suddenly young people all over the world took to the streets like here in india. and mexico. or in australia. or in europe. after her arrival in new york at the end of august 2 and back made it clear at

a meeting with un general assembly president mary espinosa the she hoped the upcoming climate gathering would lead to concrete action your comment will be some kind of break. in. where people start to realize what is actually going on and. so we have high expectations. and the mistakes to deliver. now turn back is counting on the support of her fellow campaigners all over the world and we'll continue to find that. going back to alexander for naaman in new york alexandra gretta wasn't really that well known in the states but has her presence there today been attracting more people to take part in the protests. i'd say it's probably the case because meanwhile she is a very prominent figure here in new york at least but i talked to some students

about kreta and many told me that they really admired her and state think that her activists it's very important for pride is for future for this movement but also told me that they would be here anyway with or without threats out because they want to stand up for the future there's also another factor we need to mention in this context the education department in new york has allowed all student to ski classes to take part in this protest so without any penalties so that could be also a factor for many students you know to say ok then i'm going to be here and sue to take park part in this protest some political support coming from above alexander fundament in new york thank you so much.

you're watching the news live from berlin coming up my colleague else will have business news in africa i my ass waiter thank you so much for joining us. tastes personally. with. some special. truth. because more than for. mine. i'm not going to the gym. just sometimes i am but i stand up english. german thing.