also on our show, from flying taxi's to delivery drones, more businesses are taking to the skies. we'll look at a new software solution for keeping everyone say welcome to the show. even negotiator say they have an agreement for making their carbon markets more effective. including a deal for a controversial carbon tax on imports into the block. the deal reach sunday still needs formal approval. it would require overseas manufacturers to eventually face a tariff on goods based on the amount of carbon in the production. the move is meant to protect you businesses as they spend more to d, carbonite us, china and south africa have all criticize the you in the past for it's carbon taxing plans. are i susanna street or is a markets analysts? she joins me now. a for more susanna, good to have you on the show. there's a lot going on in this package. but ultimately, what could this mean for overseas businesses who considered the e. u. a, an important market for them?

well, they will be faced with their 2 options. really, either try and find new markets if they don't want to pay this extra tax or pay the tax and continue exporting into the european union. and they're said being mindful their said potentially these taxes could increase in the feature that this is the direction of travel. if you look right across the world that are around her, 2000 and environmental tax is green taxes which has been imposed across $45.00 jurisdictions. if you look at the way a global green tracker says, certainly at the european union isn't an outlaw hair even though this is a major piece of legislation and of course will increase the costs for those companies who want to import into the opinion because they'll have to pay a price for the carbon damage as well, even if they don't come on to the emissions trading scheme. this is then we know

that the e was criticized us plans and recent weeks to heavily subsidized green production there. and you are saying that that's unfair to european businesses. it has brussels essentially fallen behind on, on creating its own plan to incentivize and not just heavily regulate a green production, but to really incentivize i think a washer russell's is also concerned that is missing its obligations into the world trade organization, w t. o. rules of course there is now this plan to perhaps offer a rebates for a company is involved in the and trading system. and dare to really offer support to those fledgling companies who are entering into the the green space with new technologies. but of course, has to be mindful of the rules that is not seen as subsidies. for example, has to tread carefully for certainly that is on the table. you could say yes, said that many countries, many regions around the world have been slow to incentivize their

a green technology in the past. i certainly do think it was saying and signs that they're moving on from that and wanting to put in place a more rigorous at set up. for example, we now have a this that much bigger fund that is being at set up in the e. you helped by revenues from the e t s scheme and the emissions trading scheme that the green fund and that should actually as well as supporting all those consumers who are faced with high bills, also should help those industries get off the ground. those companies in those industries who are have the option to develop green technology, but just don't have the means to do it is then i found it interesting. how recently the, the head of the swedish swiss multinational a b b told the financial times, his trip to, or his advice that he would be don't over administrate things. is that a key difference for business leaders when they look at operating in the

e. u versus operating in the e. u and we're, we're talking about this divide between the 2. well, certainly, and what companies do not want to see is extra red tape snarling up that operations. and certainly they would like to see a scheme that is efficiently implemented. and doesn't add to the has a l, be lots of companies looking through these latest proposals, trying to say that the best way forward they'll be helped by various individual partners in doing sad because and now even a huge industry his group has developed on helping companies see the way through all these changes. all right, well to leave it there. susanna streeter, markets, analysts, thank you so much. we'll, germany's economy is projected to go into recession next year. but there are growing signs at the moment that the situation might not be as bad as initially feared. for one consumer spending hasn't been as heavily affected by higher energy

prices as expected. wholesale prices for gas electricity, for example, have also declined significantly, despite trading at record levels. recently, inflation is expected to drop from just below 9 percent for this year to lower than 6 percent next year. or of course, energy does remain a major economic challenge. last monday alone on one of the coldest days this month, germany used up a whole percent of the countries gas reserves demonstrating just how vulnerable the countries energy supplies may be. however, a bit of good news from today. one of germany's most important business surveys showed an uptick in business sentiment for december. and for more on that i'm joined by clemens 1st. he's president of the ego institute munich, which conducted that survey clemons for the 1st time in 6 months. businesses in the survey. if i'm reading this right ranked their current situation better than in the previous month, that has to be good news, right? how optimistic should we be?

but is good news indeed. and what we see in this month is that both expectations and the settlement of the current situation have improved and that the change compared to the a months. this is good news, mostly driven, i suppose by the a declining likelihood of a gas rationing scenario. despite the cold weather recently and something else we seen the data is using supply bottlenecks. so a month ago, 60 percent of our manufacturing firms told us they have problems with the supply chains. now it's 50, so it's clearly getting bedtime that contributes to the optimism. at the same time, we know that some of the major industrial players across germany are heavy users of gas and energy. in general, we're thinking of the chemical industry. we're thinking of steel producers. could the situation still be difficult for them and that way heavily on the economy? these are big employers, for example. yes,

the energy intensive sectors have major difficulties. they have cut their production and they've continues to be a problem. even the gas supply situation, it is unlikely we'll have a rationing scenario, but not entirely excluded. a lot will depend on how the temperatures are through the winter and how private households and companies adjust. so these industries may still get into difficulties in the medium term, but the question for these industries is the, will they remain in germany? so there is also a medium tom question here. if they do not stay in germany, that will be loss of jobs and that will hit a german growth post prospects. but that's more a question for the medium tom situation that we're seeing right now. to what extent is that driven by an improvements in the market situation? and to what extent, by some reassurance is provided by the government, whether to households or businesses, can we really assess that right now?

it's difficult to separate the 2, but the consumer behavior suggests that some confidence a has been provided by the fact that the government offers massive subsidies next year for electricity users for gas users. so they will be transfers from the government and that will stabilize net income's consumers are suffering because their real incomes are declining and the government who was against that. and that may explain why the currently consumer demand is relatively small, right? that means 1st president of the for institute. thank you very much. thank you. over now to some of the other global business stories making headlines. intel will delay construction of its plan, german chip plant and is seeking more in government subsidies. that's according to a local german newspaper until cited inflation. any lingering recession has reasons

for increased costs and delay of the project. initially, construction of the 17000000000 euro factory was set to begin by the middle of next year. billionaire elan mosque has put his future as twitter c o 2 a vote in a pull to users entrepreneur promised to abide by the result mosque who also runs has lent space acts as commoner criticism for several decisions. including suspending journalists from twitter, changing its verification process and firing thousands of employees. my sports car icon porsha has replaced sports apparel maker pumas puma rather on the dax. that's germany's blue chip index of the countries 40 most valuable companies by market capitalization portion made us they view on the frankfurt stock exchange. last september, and germany's 2nd largest i p. o or from commercial planes to package delivery drones. and even flying taxi's, the skies are expected to get busier in the years ahead. as more businesses look to

lift off a, coordinating that air space is getting more complicated in turn, and nothing less than lives are at stake. now there's hope in europe that a new software can help get the job done. a helicopter on a rescue mission every 2nd counts to save a life. suddenly, a large drones block and the way it's a frightening scene through hutton, the companion his c on some of our flights this year. we had a drawn detector on board and were detected several drones that weren't clearly visible to the pilots. i small drones, often pilot by hobbyists are hard to regulate and keep in check. this is where use space comes into play, and you, you white system, a flight corridors that allow autonomous drones to navigate a crowd of air space. in these corridors, there's heavy traffic with helicopter, since small plains crossing at low altitude. absolute control is vital

use versus use space as a modern digital concept for managing air space that has been specifically developed for drones and future axis faxes. it creates a process for automatic, take off clearances and warnings, the heck homeless and vague traditional practices with exchanges between pilots and navigate. i won't do any more. software is key. now for the goal of this exercise is to test the software, a simulated drawn flight from frankfurt airport to a destination downtown. at some point, a helicopter appears, it's all done safely on a test side operated by the german aerospace center using an actual chopper and a real drawn. they move towards each other getting closer until the drawn turns and makes way for the helicopter. mom, what a am an asner type say today we've witnessed the 1st real flight where the new use pe, service controlled communication between the helicopter and

a valid train for services. it tested warner and, and us, it's a milestone to its implementing new space for new space. use space will be launched soon by the lot more testing will be needed before freight drones can take off. that's it for me and the business team here, find us on youtube or the dw news channels to watch with with

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oh this is d, w. news live from berlin, putting the brakes on europe soaring energy prices. if you energy minutes does agree to a price cap on natural gas, the decision comes up to weeks of wrangling of the issue. after gemini drops its opposition to the plant, get the details from brussels in. also coming up, russian president vladimir putin visits a key ally, putting us in the belly, mercy and capital meant for the 1st time in 3 years for talks with later alexander lucas shake the tree. if it comes and fears that russia could be planning

a new offensive.