had some, but many were swept away or buried under a torrent of mud. near alone, the big waves, rain and wind, destroyed our houses. when i saw the heavy rain, i told my neighbors let us evacuate. i lord, floating into northern philippines has also worsened several days a friend, half left homes under water. scientists say climate change is having a disastrous impact here with her. so we are read the events are becoming more frequent and typically leaving millions of residents vulnerable to the devastating consequences you're watching. t w's business is next. ah, people in trucks injured when trying to flee the city center. more and more refugees are being turned away as the water families played on tags in syria.

to these credit owners, wheeler demonstrated people fleeing extreme ground carrying $200.00 people around the world. more than 300000000 people are seeking refuse. yes. why? because no one should have to flee make up your own mind. w. made for mines. ah, ah, invest to help households or will make you 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,

where wind turbines are replacing mines as your as an inflation hits another record high, we asked if it's putting the brakes on greece's tourism recovery. this is due 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 petro pumps. exxon mobil is just reported. it's highest ever quarterly earnings. meanwhile, chevron posted 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 are 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 to fair profit get in return on their investment and innovation. but this is much remotely what's happening, oil companies record profits a day or not because to doing something new or innovative. their profits are a windfall of war. velasquez more on that from our wall street correspondent yann's court again, thanks for joining us. so what are the chances of big oil heating this coal from president biden? well, i mean investments in energy in 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 a 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, and then on the other side, the u. s. government could try with windfall sexes, so, so, so to speak, to 4th of the companies, to as spend a more. but that's also rather unlikely to win a majority in congress any time soon. what about public support for this? so the thing i'm in the mid terms 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 hospital, 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 and june. now we're down to about this. we $1.00 and $7.00 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 maybe one a final word them 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 prices even higher. okay, ends caught at the new york stock exchange voice. thanks 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 us fossil fuel industry. the coal mining museum is all about the old ways of coal mining. here we meet mike colo. a retired minor is a war on fossil fuels here in america, you know,

we got cohen dorothy, we got natural gas under our feet within vega there out. and other countries begun for he thinks climate change will be a key issue in the upcoming mid term elections. fossil fuels, 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 is 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 grant her was virginia goal. 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 now at mid 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 are all 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. these 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 precious 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 with white or black voters, older voters for republican or democrats. they will put this a little lower right now. 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 that was never higher than that. so call clean energy versus clean energy. how to preserve cole and how to foster more clean energy in the state or globally, and in this country here. that's a big issue for those waters there. for others. not so much. ok, so on simon's in washington for us. thank you very much. now the, the other global business stories making the news 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. clever 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 which uses now inflation in the your is and is continuing to hit record high. as the latest figures share 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 t interest rate by $75.00 basis points, an attempt to slower 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 consensus dumped a damp. and even if i concerns about inflation and the cost of energy or 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, went around 33000000 tourists, visited the country, bringing in revenue of more than 18000000000 euros vizier. the greek central bank is expecting tourism to rake him. 20000000000 euros. but the countries struggling with high inflation of around 12 percent in our long winter waits ahead. i mean to europe. so i'm going energy crisis. the question is, i'll, we'll do winful from tourism be used mostly with doors, them herself. there's more revenue, people are spending more money. these are simple things with how this is spent back on society. and the magnitude of our problems cannot be predicted by any one of the person who loses a foolproof of his county. rapidly rising fuel and energy costs overshadow the expectations of economic relief. jan rated by the tourism sector. say what us, i made this corolla and eventually it will be difficult. costs are rising. after

these costs will have to be included in the product or the final sell price leases shobel. so there will be a chain reaction of high prices here that the raising electricity costs will caused the price of a rug or a hotel room of a man or a fair tickets. you to become more expensive. not fed booked, 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. same ham, berlin from o to head over to our website is tito. com slash business for us on facebook and the d to be in his you shoot, jump to next time to come with my girl class takes can be found in the arctic as well as in our drink water. there everywhere. it's one of the greatest problems of this century that needs to

be resolved. micro plastics in invisible danger. closeup. next on d. w. a pulse ah, the beginning of the story that moves us and takes us along for the ride. it's all about to perspective. culture. information, this is the w news, and more d. w. made from mines. oh ah, is the end of the pandemic in site?

we show what it could look like. will return in the normal and we visit those who are finding it difficult with successes in our weekly coping 19 special every thursday con d w. nico is in germany to learn german lloyd pinnacle, and why not learn with him? d, w e learning course, eco's fake. what's the length between old school music records and state of the art research on micro plastics? plot is enough. most old records are made from polyvinyl chloride, which in slaying people called.