for the cars, but it doesn't go far enough. sure that real sure. your real solid, the roots, he gets caught every kind of the, not only by cutting your hairs or saying beautiful things, but as long as he's an exile, the artist can only hope for an end to the regime. and that's all for me for now, right. what is next wednesday w visit news is president obama and tells the energy giants to bring down fuel prices for consumers and gulf. really, thank you so much for watching today. with danny. again, they're getting older harvesters or immigrants go, lucas, they everything you enjoy eating at home with your family, was harvested by people who are being exploited. it's then i d. 's for free and we're going to need durham. we can keep doing what we're doing. and that's why your

green revolution is absolutely necessary. euro revealed the future is being determined. now, our documentary theory will show you how people, companies and countries are rethinking everything and making made a change in europe revealed. starts november 3rd on d, w. ah, invest to help households or well make here that that's the message from president biden, to oil and gas majors as they post record quarterly profits. what happens when coal country becomes the realm of renewables will take you to west virginia?

wind turbines are replacing mines and as your, as an inflation hits another record high, we ask if it's putting the brakes on greece's tourism recovery. this is d to be a business on robots in berlin. welcome to the program. he was president joe biden is calling on oil and natural gas companies to help ease soaring costs for americans. he's urge them to invest money in lowering prices at pachel pumps. exxon mobil is just reported. it's highest ever quarterly earnings me while chevron. i said it's 2nd highest as they capitalize on high global demand for oil and gas, brought about by war and ukraine. biden's says petroleum majors could face extra taxes if they don't help to cut costs for consumers. rather than increasing our investments in america or giving american consumers a break, their excess profits are growing back to their shareholders in a bind back their stock. so the executive pays, i'm going to skyrocket. gimme a break enough is enough. look, i'm

a capitalist. you've heard me say this before. i have no problem with corporations . turning a fair proffered get in return on their investment and innovation. but this is much remotely what's happening. oil companies record prophecy day are not because to doing something new or innovative. their profits are a windfall of war. let's get more on that from our wall street correspondent jens caught again. thanks for joining us. so what are the chances of big oil heating this coal from president buys? well, i mean investments in energy and oil or gas exploration is costly and we'll take good time. and we are in a time where a lot of governments are trying to reduce actually, of fossil fueled. so for instance, says, so, considering this, this is unlikely. and that the big oil companies are willing to just invest more and spend less of for it. so let's say a chair we purchased this or

a dividend increases it in on the other side, the u. s. government could try with windfall, texas. so so, so to speak, to 4th of the companies to as spend a more, but that's also rather unlikely to have in a majority in congress any time soon. what about public support for this? so the thing, i mean the midterms are coming is this approach likely to win any support from the american public? well over old. sure. i mean, who doesn't want to spend less on a guest, fresh hot until. but if you look at gas prices here in the united states at the pump, i mean, the prices have gone down quite a bit to our national average. we were at more than $5.00 a gallon early in june. now we're down to about this. we $1.07 a teen as so public support. yes. but if it's going to be enough at this point from the u. s. at president also to in the midterm elections next week, for the democratic party remains to be seen or may be one

a final word to at least exxon and chevron have already said. if, for example, there should be a windfall. take some at the end of it that would even a decrease investments and make a price is even higher. ok against caught at the new york stock exchange voice. thank you very much. the update now also on the ballot in november, mid terms is present biden's energy transition plans. west virginia is america's most co dependent states and has been trailing well behind when it comes to the green revolution. but could that be about to change? west virginia has long been one of the greatest strongholds of the u. s. fossil fuel industry. the coal mining museum is all about the old ways of coal mining. here we meet my colo. a retired minor, is a war on fossil fuels. here in america, you know, we got cohen dorothy, we got natural gas on dorothy vegas,

they're out and other countries vegan who, he thinks climate change will be a key issue in the upcoming mid term elections. fossil hills, all that's a big issue. it always is. every day they want clean air cleaner, know everything, right? the green transition is reaching even west virginia cold country. right now, all renewable energy combined cover less than 7 percent of the states net electricity generation, but west virginia governor jim justice believes that this is a 1st step into a green economy. how we're diversifying our state and moving forward in every word . at this former coal mine dozens of windmills will replace the abandoned mining equipment. there are also investments in solar panels and electric school buses. but not everyone is happy with this change. jason bostic thinks the industry is here to stay. americans, the only we're in the world, you're using some level of return your call. and if the, you know, the renewable slash norman build out,

continues like it is. windmill blades going after west virginia called after winning the 2020 elections. democrats enjoyed a majority in both the house and the senate and could pass an important build that support screen projects. even states like west virginia, whose representatives oppose this bill, can use this money. but with the mid term elections approaching, this push will be on the ballot. could a republican when in the mid terms, holt, this transition climate change is a highly politicized question. and the majority of republican stone, one a at mit debt climate change us human mate. that's the biggest general fear i would half with a republican dominance. they would try to push and support again more to fossil fuel industry by, for example, giving more drilling permissions. but renewable projects like these in the heart of west virginia cold country show that change is hard to stop. well as cross to our

correspondent in washington, stefan simons and took the more about this. so you know, the midterms that are coming up only being seen as a test of biden's approach to the climate. no, not really. actually, there is other issues which are prevalent and more important for the voters. it seems like this is of course the economy inflation here specifically with just a remedy in the united states, less number 6.4 percent in comparison to last year. those are numbers are still uncomfortably high. so inflation it is, it is also crime. it is abortion. and algebra to q, right? those are the big issues. however, climate change and coal or clean energy. and what this does in the future near future, must do for the economy in the united states is an issue, but not the top priority issue. this time around me because as you say, there are an awful lot of pressures facing americans,

particularly economic pressure. so how up, how high up in their so priorities is the climate and, and this energy transition that biden is trying to push to generally speaking, specifically for younger people, climate change, global warming, and everything. really every aspect of what is related to this is important for younger voters. for 1st time voters, they will probably put this really high up on the priority this older. and specifically white or black voters, older voters for republican or democrats. they will put this a little lower right now to see here's the thing. if you live in a state where cold production or clean energy production for that matter, are a big issue and essential issue for the future, right? then you will make your decision based on this somewhat more than in other states where this is not an issue. for example, west virginia or cold production or colds. they, thee called state parks, a loss,

$700.00 per ton of all. that's a top price. it was never higher than that. so coal clean energy versus clean energy, how to preserve call, and how to foster more clean energy in the state or globally and in this country here. that's a big issue for those warders there for others. not so much. okay, stuff on simon's in washington for us. thank you very much. now. so the other global business stories making the news a you trade ministers meeting in prague have expressed their concern about us legislation that they say discriminates against european carmakers. washington's inflation reduction act is aimed at fighting climate change and grants. tax breaks for electric vehicles assembled in the u. s. e. u wants equal treatment. it's car industry. global wind production is expected to drop by one percent this year compared to last year. in europe, late summer, rain helped to limit the impact of a drought in italy, and france was 2 largest produces now. inflation in the euro zone is

continuing to hit record highs. the latest figures show prices rose 10.7 percent in october. the soaring cost of living is a major concern across the block. last week. the european central bank raised its key interest rate by $75.00 basis points, and attempt to slow inflation rushes war in ukraine and post pandemic supply chain problems are key drivers of rising cost. yours and country grease is experiencing a major post pandemic tourism bounce back. but hope's the sector could power a meaningful way out of the current economic crisis are being damped and by concerns a dumped a dump. and even if i concerns about inflation and the cost of entity off the grand acropolis of athens continues to attract visitors from all over the world. and in 2022. it's in even more traffic than ever before. the booming tourism sector in greece is expected to outperform the record ear of 2019. when around 33000000

tourists visited the country, bringing in revenue of more than 18000000000 euros. this year, the greek central bank is expecting tourism to raking 20000000000 euros. but the country is struggling with high inflation of around 12 percent. and now a long winter waits ahead. i mean to europe's ongoing energy crisis. the question is, i'll, we'll de winful from tourism be used for blue, mushy boy, doors them has helped us. there's more revenue, people are spending more money. these are simple things to think about, but how this is spent back on society, the horse and the magnitude of our problems. it cannot be predicted by any one of the switzerland abuses, a full moon roof least county, rapidly rising fuel and energy costs overshadow the expectations of economic relief generated by the tourism sector. hey, what if i made this gala and eventually it will be difficult. costs arising after that these costs will have to be included in the product or the final sell price, lisa shipple. so there will be a chain reaction of high prices. hidden, b,

raising electricity costs will cause the price of a rug or a hotel room and or a ferry tickets. you to become more expensive. ferryboat tourism in grees was hit hard earlier during the corona virus pandemic. now it will be a tough recovery in the face of russia's invasion of ukraine and the global economic slowdown. that's all for me in the business name, hand berlin from o to head over to our website is tito it. com slash business with us on facebook and the details in his issue jump to next time. he drives a truck seat and sits in the estonian pond. how does that go together? we hopping on chemo to find out more about his new, put aside job,

and get to know is still his capital tongue guy can read next. on w, more in piece 2 point, oh, satellites, monetary crises and conflicts, ai visualizes the extent of suffering and destruction, the goal and how quickly and initiate peace negotiations using advanced technology to fight war in ukraine and worldwide. to morrow today. in 60 minutes on d w. ah, we're all good to go beyond the old. yes.

i as we take on the world 8 hours, i do all this. yeah. we're all about the stories that matter to you. whatever it takes, 5 police, my follow with here we are here is actually on fire made for mines, but i just wanted to say that i can help you with that because i'm just a member of parliament. them of good we are living during the.