stop killing people, they should stop imprisoning people, and they should listen to people. people say clearly all over the country since so many decades. they don't want a religious government. that's it from me and the news team for now don't go away. chris kolber is next with new business news with a report on germany's plan to keep coal fired power plants running. and women go to use around the clock on the website, w, w. i office in berlin from me and the news feed. thanks with . imagine how many pollution thrown out in the world, climate change, very often story. this is my plan, the way from just one week. how much was going to really get

we still have time to go. i'm doing all with we're all set to go beyond the obvious citizenship when we're all in, as we take on the way, we're all about the stories that matter to you. whatever it takes, policemen follow with w. fire made for mines. ah, germany says it will keep the coal fires burning and will keep a dozen coal fired power plants open to help tackle the energy crisis. but plants, the ditch coal altogether, remain in place also coming up. it's almost as french as the, as

a tower and the back guess. but now friends, space is a shortage of its favorite conduct. and the search for put brazil to wales in danger. and there is no sign of anything being done to stop over. welcome to the program. the energy crisis has forced a turn around in germany. berlin says little scrap plans to shut down a dozen coal fired power plants. instead, it'll keep them running for up to a year and a half. the 12 power plants with a capacity to produce 7 gigawatts will support the power red only in case other providers cannot keep up with demand from industry and consumers over the long term . jeremy's goal to exit fossil fuels remains intact, though with energy giant r w e. confirming earlier today that it will exit coal power by the year 23rd climate change is also affecting the world of finance,

where the renewable energy is becoming ever more popular with investors. but banks still have billions invested in fossil fuels, and that carries quite a risk. according to the european n g o finance watch. the groups analysis shows that the world's 60 largest banks have invested more than $1.00 trillion dollars in gas, coal and oil ventures. for germany is 4th, 4 largest banks such investments. add up to $23000000000.00. now finance watch says that the world's 60 largest banks would need $200000000000.00 equity to balance any risk stemming from this exposure to fossil fuels. and that alone would protect taxpayers from having to foot the bill for, for, for any future rescue packages. now let's take a closer look at the matter with ben. well, let them all, he is the, the finance watch. sure. the secretary general, welcome to the program. been

a while. so your group, in essence is saying that there aren't enough provisions in case these investments go bad, right? but the question is, how big a risk is there for these investments to go bad? i mean, gas prices have been surging, and opec will make sure that oil will also not become too cheap. does have to be correct. so what we have to understand you're that this, this is an issue of financial stability and financial stability about managing long term risks with long term provision. so the discussion on the paper right now of the european parliament that the ministry of finance, in terms of bringing more stability to the financial system, again, is a long term issue. so it's not about short term volatility or search in price it's, it's about making sure that these banks provision enough capital to be able, able to absorb future losses, which would materialize anyway. whether because governments, we take the economy out of use or because climate change,

we start to happen. but diesel says we come down the road at some point for sure. now, many banks are investing in green energy that's becoming quite a popular thing to putting money into green energy. isn't that offsetting some of the risk you could, you could mention that, but again, 1st of all, some of these investments come on top of the particular investments. and 2nd of all, in a way that has nothing to do with the financial stability elements, which is basically what we setting the bank is, you know, and by the way, as you know, and as you just mentioned, i'm afraid also few companies and banks are preparing to some extent, from the search in particular, price is linked to the war and ukraine. so we think these are your investments, you exposures, and these are your profits for the moment you will be your losses in the future. so make sure you provision for them. i would say that, you know, responsible mother and again, the legislature now has a chance to a great financial regulation to make sure these banks start building the capital,

the 1st that we will need to absorb the in the future. so this is basically what you're putting for that law makers use the leverage that they have to tell banks or right you need to put more money on the side. absolutely, and that's the case. so we have the capital requirements regulation, which was put in place or reinforce after the financial crisis. it's back on the table of legislators right now so that the german ministry of finance, german numbers of the european parliament, among others have the same dispos that and can increase, can become recognized by central bankers over the planet as the, as a material financial risk. so there is a proposal on the table to increase the capital buffers in relation with these exposures. and again, you know, your investment, your profits, your risk, so cover up to them and the legislators can, can the pin know and take the steps to protect, protect taxpayers from what could be a leven climate moments as we had to surprise crisis. what years ago now, further down the road,

ben briefly by how much do banks need to up their provisions? so that's the thing we did. the study makes a calculation that we talking about on average, about 3 to 5 months, you're already profit, and this is based on 2021 profit. and one knows because central banks are rating interest rates banks and are making increasing profits in 22. and so what we are asking the bank over the next few years is to provision so by retaining profits all around again, 3 months over a year. but they'll be able to spread out over several years so. so it's really minor on the side of banks to, to make sure the provision again and again this is about avoiding the next 3 years, ultimately very cost as we unfortunately currently see when coming events like the floods in germany last year happen. most of the rest comes to the government and ducks the men. i'll let them own finance watch. secretary general, thank you for our thoughts. thank you. and out of some of the other global business

stories making news, a new report says changes and how we handle rubbish. could reduce methane emissions, separating organic materials, composing, and recycling could cut up to 313 percent of the greenhouse gas report from the global alliance for incinerator alternative urges better waste management as a key strategy to tackle climate change. boeing says approval of the stretch version of its 747 mac airliner could be delayed, as this is not likely to come before mid 2023, delaying the next 10 entry into service. boeing has already orders from delta and other carriers who expected approval in december france, the world's largest mustard consumer has been facing a major shortage this year of its favorite condiments. the country depends heavily on canada for muster seed. now a drought there last year,

devastated harvests. sonya fall. nicole reports ah diesel. the medieval capital of burgundy is famous for the mustard the business name. yet even in this town, just of the tank condiment on neil, impossible to find this store owned by french mustard brand. maya is usually a big draw with foreign tourists, but now it attracts french consumers as well. even your sales are restricted, only one job is allowed for household of the north sticking diesel mustard. surely la, i can only get one jar of mustard. i have a lot of friends who asked me to get some because i live close by. so sometimes i come here to get one, was your point book at all, i'm a big fan of dijon mustard. it's a real institution. and france also did a my a zag in the supermarket, is we found some mustard from poland while it's mustard. but it's not the same form

where it just doesn't have the same taste as dijon, mustard city, but keeping up with demand for the beloved condiment has not been production is hobbled by a shortage of feet. blended visual is francis heard, largest mustered producer and employ a 160 by the company has some stock of brown grain locally grown must have seen but it's far from enough and all have been well, there is a shortage in mustard seeds and especially the ones from canada, but at the same time, the harvest here in france have also been very poor gone. and all of that put together meant for us are 2 main sources of seeds are dried up. good ball on both. the double whammy has meant overall production is down 25 percent this year. the price of the skyrocketed and the factory time struggles to meet orders. luke fund, a marson says the only way out is to limit the dependence on canadian suppliers.

but reviving local must have production in the region. currently, it accounts for less than 20 percent of seed supplies. that we're going to have to diversify our sources of mustard seeds. we can't put all our eggs in one basket venue. the mustard companies are now offering significantly higher prices to farmers like publish journals for their seats. he's the president of the association that represent burgundy must have the producers, moscow, t c o. and the goal here is to meet around 50 percent of the industry's needs. that's a good thing for everyone, the. it'll balance the risks for mustard companies and we would have local production here. it wouldn't be huge, but it's still emblematic of our region because it's dijon mustard. after all, this is done the usual what the plan to ramp up local production inhibition. it aims to more than doubled the land devoted to go, we must have in burgundy from

a current for problem hector, to 10 pulse as brazil chooses its new president. environmentalists and the country are concerned whether that'll bring change to one of their big concerns. offshore oil platforms or posing a threat to wales, swimming off brazil shores, but neither lula silver nor jerry or both noro have shown any interest in preventing it. august marks the beginning of wales seesaw in brazil, and when it's the most important time of the year for researchers at the institute of ally who barty, the humpback whale institute, the specialists have seen only a few specimens so far this year. that's concerning, says edwardo, camargo, he's the leader of this expedition. the years 1st, balise in wales play an important role in climate protection. their bodies are large, carbon sinks, and they help keep the ocean and balance through the excretions,

which makes important nutrients into the sea. water, 50 liza skins, muscle spasm and then the 1st humpbacks they're coming from antarctica, thousands of miles away to these nutrient rich waters. for one main reason. to give birth, researchers arrive at the abroad house archipelago. their greatest concern is the pollution of a sea water above all from oil. yet mantua the most dangerous of all, are small oil particles equal when a film of oil develops on the water surface, yet the whales can breathe in toxic particles that damages their internal organs. april the m, as in 2008, saw the discovery of giant oil deposits here some 6000 meters below the c, brazil's president. at the time lula, the silver gave the green light for production. oil and gas were supposed to bring

greater prosperity to the land. brazil could now massively expand production. well, conservationist edwardo is alarmed. judge, who did as us, it would be catastrophic if all platforms moved even closer to a proposal as a whale breeding ground. this is fragile terrain. even a small accident could inflict major damage. the danger is clear, but at the moment the humpback whales appear to be doing well. researchers have spotted an incredible number on this trip. $82.00 to be exact, in a mere 3 days. thanks for watching. ah, with back to the moon off the 50 years, humans are ready to fly to the earth faster life again. it was the goal that this mission, german astronauts on the exam, back guest explained to the new race and says, place the expectations of research and the importance of the new,

the mission for the exploration of mas tomorrow to day next, on d. w. ah, what people have to say matters to us. m. that's why we listen to their stories. reporter every weekend on d. w. can hydro electricity be generated without any home to fish or the environment between vision and reality? all the amazing properties of super conducted materials suited for everyday use class. does the mysterious planet 9 really exist.