tv Made in Germany Deutsche Welle May 13, 2021 8:30am-9:00am CEST
8:30 am
me. on t.w. . we've got some tips for your bucket list. movie magic corner. for food. and some great culture memorials to boot. double in trouble all 3 go. to exhibit. if you can for dr cycle wall crown parts of germany any time lately you may have come across huge advertising billboards asking the question if we can stop global warming or create a fair a world and how many of us think about the products we buy where they came from and
8:31 am
it made them is it our job the consumer all the responsibility of multi 1000000000 euro corporations shareholder pressure is starting to make boardrooms more accountable and t.v. commercials to being shop is clear the trend here in europe at least is towards green and fair. i'm not here to pull at the heart strings but any football mom or dad would sleep better at night if they knew their kid was kicking around a soccer ball that hadn't been stitched together by the tiny hands of a boy or girl around the same age on the other side of the world in pakistan where officials have failed after decades of if it's to fully eradicate child labor. soccer is a global sports whether it's children or adults playing for fun all the pros like in the german bundesliga it's a global business with billions but what if the soccer ball where do they come from
8:32 am
. most of them come from c.l. kit in pakistan for decades the city has been the world's largest producer of soccer balls thousands of local people work in the industry. in the past all the balls was sewn by hand but times have changed at least at this company . it produces $160000.00 cycles a year many automated production. the industry used to be in the tourists many workers took the balls home with them with family members including children stitched them by hand. in how to produce everything in-house and we only allow people who work 18 or over to work in our factory. our focus is on producing high quality balls. to achieve that we have to provide more benefits and good wages to our workers are the benefits we just become
8:33 am
a burden him in 2015 game i was certified as a fair trade company indicating that it meets international standards for working conditions. and between different rates have serious reason company has to have fixed labor contract with all its employees with agreed working hours better working conditions rights to representation within the company all workers are entitled to simulate a maternity leave. and these are all conditions that the whole company has to adhere to. at dell based on the supply for the german bundesliga all the soccer balls are made in pakistan. at peak times the headquarters in germany sends out nearly 100000 balls and the management here is satisfied that its partner company of pakistan does not use child labor. check on that by ensuring that you know soccer balls are produced in private homes
8:34 am
nearly 20 years ago opened our own sewing centers and we were able to monitor the process. but has the industry really changed even now only a fraction of. conditions. the mayor of seattle assures us that working conditions have improved he says there was a lot of international pressure. level of compliance with worker standards and action of workers rights can't be found anywhere else in pakistan. pay for social security benefits for our employees. things didn't exist before. and as we have complied with employer protection standards the pricing is becoming more competitive. but the head of.
8:35 am
with a trade certification still the exception and 5 to 10 percent more expensive. isn't a fair trade product. fair trade balls is negligible. only make up about 45 percent of overall sales. it's partly because the fair trade c.e.o. isn't as high profile in the industry or amongst the clubs as we would all like you to be. back to pakistan and. the company says it wants to become a role model for the entire industry. manages hearsay custom is aren't always willing to play ball and shell out more for their products. other than european union our skin the work from the european union and the scandinavian countries buyers from other regions don't value the fair trade sealable more because they
8:36 am
don't like the higher price but if you want you can be a role model for fair trade not only to provide additional benefits for our workers but also so that our workers put more effort into the fair trade products because they know these provide them with extra benefits and premium sub. extra benefits. despite the lack of industry wide standards it's clear that working conditions insufferable production have improved here over the last decade but work at benefits cost money and there's now a very real risk that parts of the production could be transferred to dover wage countries like china only on mom where working conditions may not be fair or even monitored. and just because it's fair trade isn't 100 percent guaranteed there inspectors copy everywhere all the time now to something that is free it shines from time to time here in germany and the nations being ranked among the world's
8:37 am
top installers of solar panels for several years now the stats aren't all that impressive when you take a look at solar power as chunk of the overall energy makes the same goes for most other countries time to crunch the numbers with use much of. it's astonishing lean energy from the sam solar energy has become the cheapest way to generate electricity it's even cheaper than coal and yet it produces only 3 percent of the world's electricity. why don't be using way way more of it how did it get so cheap. and what does all this have to do with. dux. let's find out. first let's take a look at how much the price for solar has fallen. i started this job as. 2005 and then i thought. chase was the head solar analyst at
8:38 am
research from bloomberg pay about. $0.20 for that. and that is just the last 15 years if you look further back to the price drop is even more impressive how did this happen that's been a long story but it's unbelievable gregory nemat has written a book about this. no one country did it it was a change of one country building on another one the us created the technology the modern day solar cell made from silicon was invented in the u.s. a 954 but then it many got used in the space industry in the steel super expensive but as the technology progressed prices started to fall to germany created a market in 2000 germany passed a law to boost renewable energy developing this was because it put a fixed price on energy generated from sources like wind or solar people and
8:39 am
companies a reason to set up solar panels and for them to do that someone needed to build the solar panels 3 china made it cheap and once the german laws came into force china really started to come help the solar cells so basically if it were whole industry for this on a scale that the west really didn't keep up with china it was almost a non existent player 20 years ago and today they're the biggest producer of solar panels about another 70 percent of the world's production so this is how we ended up where we are now clean energy that also makes business sense. if solar is so great why don't we rely on it much much more and just switch off all these 30 power plants well sold us always had this one big problem. it only really works when the sun is shining. when it's cloudy or even worse dark
8:40 am
even the best solar cells are pretty useless and that's a real shame because that's when we need them the most. let's take a look at how we use energy in the morning when most people get up and get ready we need energy. the so-called daca of charts our demand for power from nonrenewable sources like coal and gas throughout the day 1st in places without much so after the morning spike it stays pretty level. when people come home in the evening it goes up again and then drops at night at this point you might get an idea why they call it the back of because it kind of looks like a duck. anyway in places with lots of solar like california this curve changes the mornings are pretty much the same vendor sun rises and solar energy production kicks in this lets demand from nonrenewable energy drop. until the sun sets that is that is when conventional the mud shoots up
8:41 am
a good way steeper than in the 1st curve to problems with this one traditional power plants suck and ramping up this quickly that means you have to keep them running at a certain output all day even though there's lots of solar and that means that you could end up with actually more power produced in a day this year and that leads to the 2nd problem there are limits to how much energy you can put into the grid too much solar could overpower it's so it needs to be thrown the way this has always made it super difficult to add lots of solar to power systems but guess what there is now a solution to this chances are you have part of it in front of you right now a lithium ion battery. we're just taking that same construction stringing together many many of those cells and making battery packs that we can use for cars and then we can also scale that up to use for stationary power too to go next to winning or solar solar farms what's quite good over the last few years is that both areas have
8:42 am
well. built with. storage in the battery. from the day. in the u.s. for example the state of new mexico just decided to shut down a coal plant and instead to build new solar farms that store large amounts of the energy they produce and battery. lithium ion batteries have become a lot better and a lot cheaper than expected in the last few lose an hour a viable option for storing and shifting at least a few hours worth of solar energy as needed so the storage problem that's always sad is actually not that much of a problem anymore. sometimes though we might want a longer term storage places without much sunshine for example and that's why companies are offering other solutions let's just run through.
8:43 am
another type of battery called a flow battery separates the charging outside a cell that has 2 advantages it can store more energy and for longer the problem is still relatively expensive. and they ask for home tidal storage which is already used quite a bit you need 2 legs and one of the needs to be on a hill journey day you use solar energy to pump water from the lower leg up to the higher leg when you need energy at night you can just let it run down through time but for that you need to find legs and a hill. another solution using gravity comes from a swiss company it's working on a tower the traces building blocks with solar energy and then real. leases the energy by lowering them in. space also the option of using solar to produce hydrogen hydrogen number of things like fuel costs or even make steel but the whole process is pretty costly i think that. hydrogen.
8:44 am
batteries are becoming. expensive. but they do have other attributes like the charge longer which. has become cheap and has pretty much fixed the problem so what's next. i would not be surprised if by 2030 we're talking about doing a large part of the world's electricity. because now that the technologies in place it really looks like it's time to shop. just like if you like this piece similar topics and make sure you visit our planet
8:45 am
a you tube channel. but when it comes to investing your money how much of it supports green initiatives especially if you leave it up to a hedge fund or exchange traded fund reporter the frankfurt stock exchange chelsea delaney took a look at how easy or hard it is being green. list stretches of cream. and tundra of our tech. lush south american jungles this is what climate activists want to say from destruction but can fighting against climate change also make you rich. my friend lizzy's started investing last year through trading out mostly buying popular tech stocks but she also cares about the environment and she wants turned vestments to reflect that. and it's not just her. millions of people have taken to the streets in recent years to protest climate
8:46 am
change and that movement has also found its way into financial markets many no longer just want investments to make money they also want them to make the world a better place. in the past 3 years investments into sustainable assets have searched by almost 400 percent here in europe. but what does it really mean to enjoy a scream and is face promised that you can make money while also saving the planet too good to be true. to answer that question i'm on my way to see one of germany's green investing heavyweights. called book fits manages sustainable stock portfolios for the german asset manager of the u.s. he's been very busy lately pinks and large part to my generation. we have the 1000000 youth they are now represent 50 percent of the global workforce and for them sustainability is very important so they will invest their money in a different way compared to their parents for example there was green investing
8:47 am
profitable a couple of years ago it was always like oh if you want to. invest in a sustainable manner or green then. you might survive performance for that but now it's the merits of. it's turning into if you want to make performance you better invest in a sustainable manner or you invest green because especially last year we have seen that most of the sustainability funds passive and active outperform the broader market so i'm looking here at one of the top european sustainability stock funds it includes about $400.00 different companies that all are labeled as maybe you are the no this acronym stands for and mental social and governance and basically these are companies that are committed not just to environmental sustainability but also to taking care of their workers and to being governed in an ethical way. some of these names might surprise you and finance sustainable doesn't just mean for
8:48 am
example a wind turbine maker it can also mean a company like nestle which has been increasing its usage for nubile energy and introducing more recyclable packaging like for the smarties can east. but we total isn't oil drilling or rio tinto is the metals miner b.p. was behind one of the biggest oil spills in history how can any of these companies possibly be considered sustainable 1st of all i recommend every investor before investing understand your investment and. especially about those 2 that you find in those or why is this oil company for example in the fund. but the the space is very diverse and there are many strategies so there is no one solution for all those no shortcuts you have you make up your own mind so how do you decide what is considered green so what we are doing is when we want to evaluate investments we are using to support 3rd party data provider if every data provider saying alright
8:49 am
this is really a green company then the charge is quite high that is really the truth. here's an example of how that might work for you companies dependent on coal or other fossil fuels. do your employees work and dangerous conditions. are all of your executives middle aged white men if so you might end up with a failing sustainability grade. the problem though is that these readings aren't always scientific they can be based on a company's pledge to someday become more sustainable it's based on a promise and promises are easily broken. look at burra as a critic of green investing she says the end history is overrun with green washing or labeling non-green assets as green to make money and my question will be who will define as green it cannot be that we believe that there is of the greening finance agenda the private finance because it's in the same way to me if you lived . i don't know their health agenda to tobacco companies what these dating since
8:50 am
it's the same for the private finance company then he said he needs to continue with practices that generate profits and community wise regulatory reach of this thing that's not to say that there aren't environmentalists sustainable assets out there it's just investors responsibility to find them and luckily it is getting easier. as that managers like paul booklets and companies are being forced to disclose more data about the climate and packed up their businesses and that is a step in the right direction. but it's green investing a really powerful enough to turn the tide of climate change. after this i'm skeptical and so is daniella. over the last 5 years what we thought was a lot of good ground that we had again it looks like it's a lot of ground that we are losing but we need to realize beyond thinking that was lying to join financing decisions or with my individual savings decision i would
8:51 am
make a difference i don't think that would get the. lizzie is more optimistic she hasn't given up on green investing but she's going to do a lot of research maybe it's not a silver bullet but as we wait for politicians to get serious about climate change even the smallest and divisional action is better than sitting on the sidelines. watching the devastation of our environment. an important part of sustainability is how we deal with trash since the start of the coronavirus pandemic mosques have generated a lot of waste and he did in large supply and have a quick turnover last year germany imported $6000000000.00 euros worth of masks mostly from china and from march through december of last year china exported a whopping $224000000000.00 masks all over the world that's equivalent to $43000000000.00 euros so it's big business but what's the impact on the
8:52 am
environment and can mosques really be recycled. the soco islands at the far southwest of the territory comprising hong kong the waters here have long been polluted but with the pandemic a new form of waste has turned up masks and now we have this to contend with. we have a corona virus and all these masks and i was still building. these images make me start to wonder how much of a hazard are these masks for our planet it's an item that many of us now where every day. and why do so many of them end up in the ocean instead of being disposed of through the normal channels and what's the right way to dispose of a mask any way. it must whether it's the higher grade
8:53 am
respirator masks or the more basic surgical ones or rubber gloves that people are also using now they all belong in the trash but as you can i am suitable for recycling because they're medical waste i believe in you so they need to be incinerated and bought for country. ok but clearly not all masks and up in incinerators as our oceans are littered with them how dangerous is that for marine life and what material are the masks made of to find out i bought an f n f p 2 respirator mask from a pharmacy. and another one from a supermarket in berlin. i then went online and ordered 2 more mask types. finally i packed up all my purchases and sent them off to a textile laboratory for analysis. they'll be able to tell me what exactly the
8:54 am
masts are made of and how hazardous they are for the environment. 2 weeks later i hear back from the lab the good news is wearing a mask isn't harmful for us humans having a mask on for 8 hours a day is fine but for the environment it's a different story. if you can throw a mask away in the countryside somewhere it's not initially harmful for the environment the disadvantage is that some substances in the masks like polypropylene take a long time to decompose that's the big downside and the reason why masks should always be disposed of properly. if everyone just throws their mask way in some forests that waste will be around for a long time to come. at some stage you end up with micro plastic that's what makes
8:55 am
the masks bad for the environment along the coast of hong kong scientists are finding a growing number of them they estimate that around 1500000 masks entered the scene last year. and we need to reduce the single use number one but then also it comes down to governments and you know how they handle their waste management facilities like here like garbage bins the rubbish bins in the street they have very wide open is all that's all and people just put their mosques and think you know doing the right thing and they get blown out rather easily anniston is out there on the street they go down the drains they go down the drains know the drains leave the oceans. if it's a joint effort and it's the government level as well as individuals it looks like the masks won't be disappearing from our lines any time soon there are already far too many on the scene but if we all do our part we can at least prevent
8:56 am
8:57 am
8:58 am
minutes w. . train trip it's a lot of flashing wigs extravagant outfits and glitter glitter glitter. the fighting against prejudice and up old fable life. forms recognition. of the stars the big stage. train kids starts may 17th on w. how's a view of the world. where i come from but all of that to get to cisco it's just like with chinese food that's measure of where i am it's always reminds me of home
8:59 am
after decades of living in germany chinese food is one of the things i miss the most but that taking a step back i see things i need to differentiate not. many of ford's person as american nations that's because to add up part of the war we haven't been implemented in china that's new but i'm not the chinese people wondering if they're going to say it but if you have the right to another strategy it is this is their job just under 3 mile i see it and understand why i know my job because i tried to do it exactly it is a day like name of the new tool and i want to add to that for you. 2
9:00 am
14 Views
Uploaded by TV Archive on