tv Business - News Deutsche Welle August 22, 2022 4:45pm-5:01pm CEST
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preview of much more difficult times to come. we'll have expert analysis. i'm chris over welcome to the program. could canada help replace russian raw materials and even some of its energy deliveries to germany? that's what berlin is hoping. as chancellor hall of charles arrived in ottawa on sunday with a delegation of german business leaders and tow canada is a fellow member of the g 7 economies and most large deposits of lithium cobalt and nickel is also a growing producer of hydrogen. mister schultz is expected to sign a memorandum during his visit on establishing hydrogen supply chains with canada. right, let's get more of this from melinda crane. d. w. 's, chief political correspondent, melinda. how important is this trip to the chancellor and the vice chancellor who is going with him? it's very important indeed. and in fact it's quite unusual for the vice chancellor
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to be accompanying the chancellor. but that shows the significance of what amounts to resource and energy diplomacy that the 2 are engaged in by the way. they're also staying longer than many such official visits. so the energy and economy minister, robert ha, beck has been working tirelessly on a mission to try to reduce germany's dependence on russian natural gas. and as you know, this very hungry, this very industrial economy is extremely energy intensive. and therefore, that gas source or sources of gas are crucial. also for germany's export economy. germany is planning to construct floating liquefied natural gas terminals on its northern coast to receive gas supplies. but where shall those supplies come from? previous energy diplomacy initiatives, visa,
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the norway and katara have proven less fruitful than the german government had hoped, which is why hopes are now resting on canada. and the chancellor pointed out, after arriving there, that can, it is, is as rich in resources in many ways as russia, but that it is a dependable and reliable democracy. so not only liquefied natural gas is of interest, but as you mentioned, a hydrogen, and then also those minerals that you listed because they are crucial inputs for batteries. and as you know, the german automobile industry is banking on electric vehicles for the future. melinda, us talk about a liquefied natural gas, or ellen g here for a 2nd. the canadian side seems pretty reserved when it comes to delivering this liquefied natural gas. why is it? because most of the l. n g, or most of the gas projects are on the west coast of canada. and by the way,
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a number of them involve fracking, which has been questioned in canada as well as internationally to get that gas from the west coast to the east coast of canada. where it could then go out to a country, an importer, like germany, would require a major pipeline. and there is some debate in canada about whether the costs of constructing such a pipeline are justified. given that this would essentially be a transitional project because canada is very determined to move away from fossil fuels toward net 0. therefore questions about whether the investment cost can be recouped. and that's why candidate itself has been stressing that it's interested in doing some hydrogen diplomacy, but not necessarily ellen g. then the grand d w's. chief political correspondent, belinda, thank and out of some of the other global business stories, making news. human is exports to non e u countries,
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so 7.6 percent in july. that according to new government figures published earlier today, the drop ended a 3 month streak of higher export profits driven by higher prices. thanks to inflation and world wide energy costs. germany is likely get to the winter without taking drastic measures to secure a new gas lives. that's according germany's economy. mister hobbins, however, the government is preparing for moscow to further limit gas deliveries over the weekend. russia announced it would be temporarily suspending deliveries to one pipeline, sending gas prices in germany. yet higher china has extended power rationing in the nations south, west recert thursday as an intense heat wave continues. thousands of factories in the province of citron, stop production, last week after drought limited, the problems is hydro electric generators. heat wave has also curved traffic on the young c river. it is not just china that is facing record temperatures. much
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of europe has suffered through repeated he waves in recent weeks and that's hit economy's hard weather through. reduce river traffic, dried up farm fields or destructive wildfires. it is a taste of what warming temperatures could bring the continent in the years ahead. southern europe, in particular, is vulnerable to climate change. this map from the world wildlife fund shows the water scarcity risk across europe over the next 30 years. not according to the w, w, f. the number of europeans living in regions of water scarcity will gradually, in crease, as you can see in spain, italy, and elsewhere across the mediterranean. that's a problem. according to the w, w, f, the number of people living in water scarce regions in europe will increase by 50 percent. by the year 2050 for morning, less bringing johan us,
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mr. senior project manager for water stewardship at the world wildlife fund. good to have you on the program, you on us. now looking at the drowsy looking at the drought there we're seeing in europe currently. i me sure the have been warnings. you know that times would be difficult. at the same time. is this happening too early? i don't think it's happening too early. i mean the signs were clear for a long time. i mean, if you look, for example, at the well to can make forum, they're putting white water crisis up high on their risk ranking every year for a decade. now, i mean, we have legislation in place like the water framework directive in europe, which is, which is great. but what we really need to see now is investments and implementation of these measures in to take the science seriously. agriculture is one of the sectors that has had to deal with the law rainfall, fingers and low water levels in general. do you see some sort of adaptation there,
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or are farmers planning the same seeds that they did 15 years ago? yeah, i think the patients really, really in the key issue here, and we will see a lot of like highly reduced yields this year and some of the crops, especially corn for example. but it's not only a measure off like which crops to grow, which very varieties to grow, but really like, where do we grow what and how do we, how do we eat? like, how do we know to population? right. and the question here in germany can also be like, can i, can i eat more regional, the seasonal be and also with less, less meat and dairy. and this also requires political action, right. and promote, for example, more locally grown nuts or fruits and vegetables. right? now, better sauce, like 4 percent of our only growing 4 percent of all tomatoes domestically, the rest of the supported to germany. not every culture. a minister is a member of the green party, has been in power for 9 months. now. do you see any political change or any change
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in the political will there? i mean there are definitely definitely the changes in the, in the tone since the minnesota changed. but what we really need in terms of when we look at water is really investments right now. we need to save our rivers, all lakes, all meadows, or pet pete lens because this is the source of our water, right? so we need nature based solutions beneath investments and increasing the water retention into into landscapes. and we managed that it will pay off twice. it will give us more water supply, maintaining a water supply, and will also protect us from flood events that we saw recently in germany as well . you honest me, sir, of the world wildlife fund yada. thank you. thanks having me. so the threat of drought could grow along with his impact. that is bad news for german farmers. there are, i am a poor harvest here in the country than usual high temperatures and low rain levels
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are only part of the problem the wheat harvest and a 2000 hector farm near leipzig and eastern germany. it some of the most fertile land in the whole country intimate or rich and perfect for plants due to its high water content. despite recent and continuing droughts, each hector here produces 9 tons of wheat. but kurt anchor is still worried. the land is drying out because the last years have seen far too little rain by a diesel program. this thumbed up, these drones are pushing to land to the breaking point. if it completely dries out, then even the best farmland can support plants without additional water bulletin. nice, and that's a problem we're facing. no boxing. when does this gig mother does problem? 4 kilometers away. we find another field that's completely dried out. even though
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kurt invested heavily in fertilizer and pest management systems over the last year, he won't be able to produce more than 2 or 3 tons per hector. the ground is sandy and full of rocks. the seedlings hardly have a chance to take root. there isn't any water. the fuel 50 hector's, of rock hard ground, got said lunkhead seeth us in constantly flanked out. the damage isn't as wide spread here was to close them as, but it's still worrying when you see the conditions here among these, the bush and they get seal see, and how little we can harvest south in a younger far mccoy's in western germany is experimenting with plants that can thrive during the drought. he cultivates millet, which could serve as a replacement for corn and wheat. but many german farmers have little experience with millet and have been slow to embrace its cultivation. but that could change as droughts become more frequent and intense. we've been efficiently what soluble,
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when i'm convinced that with a bit of reflection, many farmers will come around and milk will be cultivated more often and become a staple grain hide event and come with local. farmers aren't as skeptical when it comes to new technology. almost all forming equipment manufacturers have started making devices to keep moisture locked in the ground. after the harvest, the farmland is pressed flat without breaking up the top soil. and the old husks help protect from the sun. wasn't bushes, aren't cousins as soon as there is a malt covering meaning that the old plant husks are left on the surface than ground temperature sink. and the lower the temperature of the less water loss we have. a dunston farmer could anchor has already overseen 35 harvests. he isn't ready to embrace and crumbs like millet, but new water conservation techniques have already become commonplace on his farm.
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and he is reminder of the top business story we are following for you at this hour . chancello sholtes, horizon ottawa on sunday to discuss trade with canada, a fellow member of the g 7, which was large deposits of lithium cobalt a nickel. it's also going produce of hydrogen. mister schultz is expected to sign a memorandum during his visit on establishing hydrogen supply chains with canada. and that's a show for now. for more check out our website at d. w dot com slash business, and of course the w. d. w, news, youtube channel, cobra and blend. thanks for watching. have a successful with
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