what a plan to label nuclear as natural gas plants as green investments are exposed a split among member states in pakistan, inflation is making life less and less affordable. many pakistan is to say the government is to blame and powering up, we'll look at the rise of electric scooters on asia street. this is deed of your business on robots in berlin. welcome to the program. around over the e use energy future. the european commission wants member states to accept its plan, to lay with some nuclear and natural gas projects as sustainable investments. it would open them up to billions of yours and potential funding. but the very concept of nuclear energy as green is one that has the e u split. currently, ashley, about half of these 27 countries operate nuclear power plants. germany is actually one of them, but it switching off the last ones this year,

they've been unpopular here for decades. however, some of the members see nuclear power has very much the future. the international atomic energy agency says new nuclear plants, a plant. and all of these countries that you can see here labeled in orange, they include finland, poland, and the biggest nuclear advocate of all france, from their arena. straus reports all the data. who could she mount a nuclear disaster that shook the world in 2011 and changed the way many people, few nuclear energy. onto shack says fukushima mobilized him. the french anti nuclear activists traveled to japan after the catastrophe for worse than a hope for me. this looked like the end of the world after from this moment on, i really asked myself about the risk that the population is exposed to, especially women and children when living next to a nuclear reactor or other nuclear facilities. being exposed to possible nuclear accidents because she was actually door nuclear. while some you countries decided

to face out nuclear energy after fukushima, france stuck to its nuclear tradition. more than 15 nuclear reactors are spreads over the territory right now. clearly a wrong choice. andrea shacks is the 70 year old lives on a peninsula normandy, northern france, that is well known for its natural beauty. and for its high number of nuclear facilities, france derives about 70 percent of its electricity from nuclear plan, like this one here in flam, or will it f electricity of france. a largely state own company operates these nuclear plants and says they're safe and strictly monitored. predicts like andrea shock, think differently. brutal for the older nuclear power plants get, the higher the risk of accidents, you really cannot say they are infallible food. finally, nuclear power plants produce nuclear waste. 100 orders. vehicle receiver,

easy here in la. ugh. close to the activist town town, a plant process as nuclear waste. the factory is the regents biggest employer at this local debate on further investments in nuclear power. residents also bring up the huge risks. but the company's spokesman says, nuclear is better than garza and carbon facility we're facing a climate emergency and global warming. and even if the nuclear power was not designed for this purpose, it now represents a huge advantage that it doesn't to mit lots of greenhouse gases, book who de guess if it's here in its spit, to become carbon neutral by 2050 france has already announced it will start building new nuclear power plants, despite criticism from some e o countries like germany energy expert nicola masters, she supports the french governments, knew he did not know. the idea now is to develop reactors that can be produced on an industrial level in factories as automated as possible to make it cheaper and

guarantee quality yardi like unity alpha. for unfair shock, new technical solutions are not the answer. he wants nuclear power to belong to the past, but france has already decided it will be part of its future. or friday actually sees the end of a consultation on the use plans to label nuclear power and natural gas, as well as green investments and open them up to more funding. so let's discuss the plans further with claudia. comfort from the german institute of economic research . thanks for joining us on the the we business. can we 1st of us to just explain to us why the european commission feels it needs for natural gas and nuclear to be designated as green? well, 1st of all, we need a regulation that defines the requirements of why this really a financial product that is green and sustainable. and nuclear obviously is not

green, it's risky, it's costly and at all. so it's not sustainable at all. so, and on the other hand, also far too far, so natural gas is not sustainable because it creates high emissions. and both should not be long to this you regulation, all this taxonomy because we need to channel the investments into renewable energy, into energy savings and electric mobility and all this. and both technology is nuclear and foster natural gas hinder the transition. so that's why it's so important. but the argument, of course, for both of those is that they are essential to getting us to a point where we have enough energy. we're emitting less carbon dioxide. in the meantime, in the meanwhile, we don't have the renewable sources to, to make up for it. while the most important thing is that we have now to invest because sir right now we have a certain share of nuclear natural gas right now in the system. but it needs to be

rig declined because natural gas is to emission intensive and nucleus too costly. it also takes a lot of time to construct the power plant. a look at the most recent buildings of this power plant. it takes a decade or more. we don't have this time, we need to invest right now into renewable energy into really a green transition. and this is why it's so important to channel right now, the investments and to real future technologies and not those which hinder that transition. to him as a chance, the european commission is rethinking this needs to designate natural gas in particular is green, given the way the relations are going with russia. and the fact that it appears that natural gas is perhaps not the reliable. it is not as reliable stream of it that we thought it might have been. yeah, i would hope so, because right now, as you describe russia and geopolitical risk, we have right now. and we have to reduce the share of natural gas in the system. so

if germany or what to really decline, and to would say we're this, the natural gas is not part of the you. taxonomy and france on the other hand, says nuclear, it's not we would have the best solution and hopefully this will happen that they both agree in the middle. so to say and there than we had would happen. you taxonomy, which really drives the investments into a full renewable energy system because that's the best system for the months that are going to tell us what the results of that consultation were. claudio comfort, thank you very much for joining us. thank you. let's take a quick look at some of the other global business story is making the news french energy group total energies has decided to withdraw from me on mar, because of the civil unrest there. it's just the latest western company to pull out of the country since last year's qu, total energy is treating to withdraw from the don a gas field. as a writer says,

russia central bank is suggesting a ban on crypto currencies. is suggesting a banner cryptograms. is it describes the likes of bitcoin as a threat to financial stability and the monetary sovereignty of the government. previously, china had also been the mining of treaties. some of the reasons now in pakistan, prime minister iran khan is being blamed, the sky rocketing inflation. the rising cost of fuel, food, and electricity are source of much tension in the country which already had high levels of poverty. some pakistan is to say the thoughts of turned to begging or even crime amid a rainbow of orange, red and yellow spices and a karachi market pakistan, he's used colorful language to speak of their prime minister, assigning him culpability for the countries high rate of unemployment. and 10 percent inflation cons 2018 campaign promised to quash longstanding corruption and cronyism and implement social programs that would benefit the poor. instead the

price of cooking oil rose 130 percent. the cost of fuel is up 45 percent. con. good. not only close food prices are increasing during this government and they're unaffordable. these days only death seems to be the alternative way to survive the woman. one year after assuming office con was able to negotiate a $6000000000.00 loan from the international monetary fund. but ultimately, is government only received a 3rd of that amount because it failed to deliver the reforms. it had promised he was forced to raise prices of fuel and electricity. now his chances for reelection are as precarious as the country's economy. yeah, good. controlling inflation will be a very big challenge. fordham ron han, and if he is unable his government, his administration is unable to, to control it. it will have a very big consequence for the ruling, but only a few years after sweeping to power on

a wave of popularity. cons party with soundly defeated and provincial elections in its stronghold last month. now from megacities to quiet villages in many parts of asia, motorcycles rule, the roads are increasingly electric bikes, offering an alternative. and with battery charging stations becoming more common. the green to wheelers are picking up speed like many people here in taipei, aiden lea hits the road on 2 wheels. but when his fellow riders have to head to the gas station to refuel, he goes to a battery swapping station. instead. you told me that the was in metro taipei, it used to be really inconvenient to swap batteries, but in 2017 or 2018. there was a rapid expansion of stations. you see a lot of them as you walk down the street. lee is

a go guerrero user. the taiwanese start up has 450000 subscribers. that swap an average of 330000 batteries every day. and for li, the green alternative only cost about 10 percent more than he would pay to buy fuel every month. over was started in taiwan. electric to wheeler only made up less than one percent of the overall sales of to we lose in the market today. now, after we started and in just to 5 to 6 years, we're good up market from less than one percent to not over 10 percent overall. in taiwan, google ro likes to compare the ease of battery swap stations, vending machines, and says they already, number gas stations, and 4 major taiwanese cities. the firm has big expansion goals for 2020 to go. guerrero wants their stations to out number, all gas stations in taiwan,

and then going after the world's largest to will a market, india, china and indonesia is what we're focus on for the next phase. taking really all the lesson learn and all the capability and all the technology that we have developing taiwan and then going into those large markets to make an impact go. the ro is now looking at a nasdaq listing in the 1st quarter of 2020 to the new business is expected to be valued at over $2000000000.00. not bad for 2 wheels. the. so for me, on the business, same here in berlin, if you do want mo, from us to head over to our website, it's d, w dot com slash business. you can also find plenty more about content on the d, w. news, youtube channel on facebook at dvd dr. business, but ah, [000:00:00;00]

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