kashmir has long been synonymous with the cloth. that what does the future hold for families who produce the regions most famous fabrics? this is due to be a business on robots in berlin. welcome to the program. is europe's gas price crisis finally over. oh, sale natural gas costs for the continent have fallen to levels not seen since late 2021 and several months before russia's invasion of ukraine. high gas prices have been a major driver of inflation across europe. the knock on effects of the war and sanctions against moscow. so them hit record high joined 2022 burton and usually mild winter that seen temperature reco. it's broken in many countries as men, lower demand than usual, allowing wholesale gas prices to tumble. well as it tries to make up for lost gas supplies from russia, germany is more renewable energy than ever before. in 2022, it's immersed, however, it still fail to reach it, sir,

to reduction goal according to energy. think tank a gora 1st. let's look at the good news. a chorus report suggests the share of renewable energy in germany's overall power supply mix has reached an all time high of 46 percent for last year favorable weather conditions for wind and solar power playing a significant role in that, however, a slight increase in renewable energy production wasn't enough to prevent a gore's other major finding that germany is c o. 2 emissions reduction has stored . it produced almost as much greenhouse gas last year as the previous year. partially because of the reactivation of coal plants to make up for lost gas from russia. so these germany doing worse with its energy transition than it should be. that's the question i put to a gore as simon miller. the short answer is yes. in our annual leave you, we look at the progress germany has made towards the energy transition and its

climate targets. and this year we found a double surprise. on the one hand, the energy demand reaches the lowest level since the german reunification, due to energy savings, triggered by the energy crisis. of the other hand, emissions remained stagnant on the previous years level. however, to reach the climate targets they would need to decline by about 40000000 tons. one of the big reasons why there hasn't been a drop in c o 2 output has been the re instigation of some coal burning to help make up for lost gas from russia. is that something that could have been avoided by the german government or somebody that had no real choice either. so 2022 presented an emergency situation that called also for drastic measures. however, this slight uptick in the cold generation leads to quite

a significant impact on the emissions simply because coal is such a dirty fuel. this other lines that it is imperative insecure, the exit from coal by the year 2030 in germany, and also that we accelerate the build out of renewals. so renewals actually had a record year in 2022 due to more favorable weather conditions than the year before . however, especially the build out of wind energy on land onshore, wind is in a deep crisis. still. we have 2 gigawatts in the coming years. we need to get to 10, so this really must be the priority for the year. 2023 for the german government. now, what it is that is causing that crisis when it comes to building out the renewable energy sector is, is it something that the german government has control over? is it regulation? what does it? absolutely, the german government does have control over this. it's an alignment of multiple factors that have been around for several years. the 1st problem is that there are

not enough land areas designated via spatial planning to be suitable for wind. and 2nd, the permitting procedures take several years. this needs to be cut down significantly . the government has already taken a number of steps in 2022. to address this, however, we see the urgent need to actually pass more stringent measures in the coming year to make more progress precisely on these areas. just something else i wanted to get your view on natural gas prices and now back to 2021 levels. thanks to a rather mild winter across europe is cheaper gas a good or a bad thing for germany's energy transition? i mean, it's better than coal, isn't it? so we need to distinguish to price levels. if we look at, you know, the high prices during the crisis, it's very good that prices are coming down. if we also compare the gas price to the

previous levels, it's still about $2.00 times higher than it was in the past years. and actually, i won't say this is good news for the transition because it makes investments in renewable energy more attractive than previously. but at the same time, it allows us to kick out coal from the electricity system at a moderate cost. ok, so i'm in molar from agora, and he gave and thank you very much for joining us. thanks for having staying with the energy transition, india is set to spend $2000000000.00 to develop green hydrogen. the country wants to cut emissions and to become a major exporter in the field. currently, india is one of the world's biggest greenhouse gas emitters, but is aiming to achieve net 0 carbon emissions by 2070. by end of this decade, india wants to produce $5000000.00 tons of green hydrogen per year and become a major hub for the resource. applying 10 percent of global demand,

green hydrogen is hydrogen that's developed using green methods. the government hopes its plan will attract private money to the cause. it's forecast that total investment could reach almost a $100000000000.00 by 2030. well as discuss india's green hydrogen ambitions with our correspondence in deli cherry car to k cherry, how big a role is green hydrogen actually expected to play in india's future energy plans? well, i remember very clearly, you know, in march last year, the federal transport minister drove up to the parliament in a hydrogen powered car. you know, now those cards are not running on in your street right now and might far from it actually. but it signaled the government's intent of using hydrogen as a part of an yes energy mix. and what has now been announced appears to be govern putting its money where its mouth is. you know, it's a massive investment of about over $96000000000.00. this includes a public investment as well as what the private investment will be attracted.

that's a big amount. the objective is to develop at least a green hydrogen capacity of at least 5000000 metric tons by 2030. that's a big go move by the government. even the private sector is very energized by it. and a, but it looks like a lot of subsidies are also going. going to come the private sectors way, rob, for a lot of big numbers in that shower. and the big numbers, the 500 gigawatts of renewable energy capacity, the india wants to in store by 2030 is their screen hydrogen plan. again to help them towards that. well, it's not entirely clear this point of time law because it was not specifically announced, but it's most likely to be a part of that. now if you are in the, is very conscious of the fact that it's energy requirements are only going to grow . you know, it's 3 degrees celsius in deli today. and the grid of the order is already feeling the pressure. and as a more and more electrification takes place and as energy requirements are only going to grow and given the fact india is largely dependent on fossil fuels for

generation of power. renewables are a very key key component of india as future energy plans are hydro hydrogen, and green. hydrogen specifically is where the government is really interested in. and now we're with the subsidy that this new announcement over will be a part of it. it, the private sector is also energized, so apart from government backed out in the private sector is also likely to put all its efforts behind the production of green hydrogen and our india as goals of becoming an, an a net exported of green hydrogen also are, are centered around these plans so, so yeah, it's quite an ambitious plan and now the governors really appears to have put a it's money where his mouth is rob ciocca k in new delhi for us. thank you very much. let's take a look at some of the other global business stories making the news e commerce joint. amazon says it will cut more than $18000.00 jobs from its

workforce. it gave current, economic uncertainty and rapid hiring for the pandemic, as reasons for the layoffs. now, some of the terminations will take place in europe. the company says, amazon announced 10000 job cuts back in november to and afghans taliban let government is poised to sign a contract with a chinese company for oil extraction in the army, diary and basin in the countries north. it would be the 1st major extraction deal. the taliban has signed with an international company since taking power. now have you ever fancied a flash mean a shawl or perhaps a beautifully delicately designed carpet? well, you can find entire workshops and families dedicated to producing these items in india and controlled kashmir, but what does the future hold for these businesses? well, let's take a look. darted on either side of the scenic delake,

are artisan studios and craft shops that radiate with the skill and talent of indian controlled kashmir. here tourists can browse through handmade carpets bash mina shawls and a wide variety of footwork. after 2 years of pandemic, stagnation shop owners are hoping for better seals in the months ahead. as we are putting will have been doing this work for the last 20 years, earning $5.00 a day is hard to sustain our families with this little amount pushed me. not making us a laborious profession, an entire family gets consumed with this work, despite putting so much efforts and hard work in the real benefit doesn't reach us . the middle men are making huge profits while we get paid on the days. earnings local. okay, might. i spoke to what i knew was, were the door. and so the government introduced to kraft safari to promote these businesses, but bought to was a decline in the craft sector, could mean jeopardizing the jobs of over 200000 people who live in the area. it's

a last ditch effort to revive the industry. many are keen to spread the word. i say, why not? because you know, of people like us, whoever certain regions, social media and people see us too old the world we have were people who follow us for the work we do and we showcase could meet ards crafts. and as we said that you know, the resort county shore, we saw wood carving, we saw copper work. so we want to bring this essence of christian moved forward. an added bonus. visitors can meet the artists behind the products and see how these items were made. the government and locals hope that these boats and the tourists they bring in will help the industry stay afloat and just diver, reminder all of the top business story that we're following for you this. our european natural gas prices have fallen to the lowest level since november 2021.

unusually mild winter has seen a significant drop in demand and means the search and wholesale prices caused by the war and ukraine has been wiped out. and that's all from me on the business team here. and berlin, if you like more from us, you can always head over to our website, is d to we dot com slash business. you can find on the d, w, and use youtube channel of course. and we're on facebook as d to we dumped business till next time. okay. ah ah. with

ah, they all share a belief in peaceful coexistence, nbc st. george, near paris. this is nothing unusual. each of the world's major religions has its own place of worship. it. it's a unique place of exchange hosting many inter religious services focus on your in 30 minutes on d. w. ah . ah, what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating

world heritage site. d, w, world heritage. 360. get the app now? oh, the question of questions about life, the universe and everything he knew the answer. well then, given here 40 to the answer to almost everything that were documentary series with clever racing and groundbreaking questions keep going to the after life dumber and dumber. how can we feed everyone. 2 questions for the present future heads filled with ideas. 2 been when we learn something, the hardware and software of our brain changes. so get ready for the brain up to

40 to the answer to almost everything. starts january 15th on d w. ah ah, this is d w live from violet. pope benedict. the 16th is laid to rest at the vatican. thousands, the faithful god for a funeral ceremony presided over by the pope francis. it's the 1st time in 2 centuries that is such an hope as conducted such rights for his previous test.