lesson of countries that want to supply combat tanks, but then we'll have so if somebody, if he's made it, if he's made such an agreement with the u. s, then he will want to be the one to deliver that message message as well. and he will not leave that up, this defense. ok, so he's here to speak as a say in the next few minutes. so we might hear an announcement, but not necessarily that we're, we're not expecting to hear about it today. if he doesn't know the details himself yet because joe biden, and we'll have song spoke on the phone on tuesday. and apparently the press statement afterward said that they discussed the efficient and sustainable and closely coordinated efforts in supplying ukraine with weapons. so that is something that people are interpreting as moving towards a breakthrough, but if they haven't agreed on the details, if they want to leave that up to the group of defense ministers meeting at ramstein, then we won't hear more than that from all of us today. ok, so i'm just looking at the live feed that we have. i see that are like chelsea. so just sitting down at dub off at the moment he has not sure yet until election yet.

he's just being introduced. so a while we wait for the introduction, perhaps we can just squeeze in the background to risk because the war in ukraine nearly a year old arms western arms have been flowing aid to ukraine in order to help them in their fight against russia. so people were surprised to hear, so german weapons are already there. what is, what is it about heavy weapons that that is giving olaf showed such pause. the german government says that they are in a way already supplying heavy weapons because they are making the promise of delivering ahmed vehicles of the modern type. they promised that in early january and said, we are going to help ukraine with 40 of those armored vehicles. and they see it as a technical debate that way, where still it would produce different pictures. they say, if you were to deliver tanks,

if germany was to deliver proper combat tanks to ukraine, to suit out the russian army, this is something where many people are saying will have such doesn't. one is pictures. if this is only germany supplying those weapons, all right, we'll all have celsius, just taking to the fade out of the world economic reform in dallas. so let's at listening and then we'll find out what he has to say. or whether sharp the a close ladies and gentlemen what a difference a year makes. when i spoke to you last year, around this time, our discussions revolved around the global economist path out of the pandemic. at the start of 2022, many people were expecting a boom, or at least a substantial boost for our economy's transition toward climate neutrality. then came february 24. since then,

russia has been raging and imperialist war of aggression here on our doorstep in europe. with that foot dreadful consequences that ukrainians are bearing more than any one just to day. the secretary of the interior and 15 others, other wick gems, were killed in a tragic helicopter crush. we are with their families but the war is also having an impact on all of us. for a while, energy prices jump to level it's higher than we had ever seen before. around the world production costs and consumer prices exploded. many people fear that call and oil will make a lasting come back all across the world. if that were to happen, the $1.00 degree target would become meaningless. our supply chains

must be adopted to new geopolitical realities. realities that you called a messy patchwork of powers in your speech yesterday class. and over all of this hangs a sort of doug douglas, the danger of a new fragmentation of the world of globalization and the coupling. and yet, ladies and gentlemen, this is just one part of the story of last year. just one part of the reality that we are looking at here in doubles. the other part of the story is this. russia has already failed to completely in reaching its imperialist gods. ukraine is defending itself with great success. an impressive courage abroad international alliance let by the g. 7 is providing the country with financial, economic,

humanitarian, and military support. germany, a long made available over 12000000 euro last year, and we will continue to support ukraine for as long as necessary. in berlin, in berlin, at the end of october, we worked with international experts to draw up a martial plan for the long term reconstruction of ukraine. a platform of major don't us, is coordinating the process and in consultation with you green and showing that it is well implemented. private sector capital will play a key role here. i know that many companies in germany and beyond a very aware of the opportunities that the ukranian economic miracle could offer to them. particularly as the country moves toward the open union after the end of the

war. but in order for the war to ent rushes, aggression must fear. that is why we are continuously supplying ukraine with large quantities of arms in close consultation with our patmos. this includes air defense systems like iris, t or patriot artillery, and armored infantry fighting vehicles marking a profound turning point in german, foreign and security policy. and there's an other part to the story of last year. within the few months, germany made itself completely independent from russian guess russian oil and russian court. we concluded new partnerships in asia, africa and america, thus lessening our dependence. and so i can say that our energy supply for this

winter is secure. thanks to whoa food storage facilities. thanks to improved energy efficiency. thanks to remarkable solidarity within europe. and thanks to the readiness of our companies and of millions of citizens to save energy. as a result, energy prices have recently seen a huge stop and drop our measures to reduce the burden on private citizens. companies and businesses are working. inflation is falling slowly. thanks incidentally, also to resolute moves by the central banks. industrial production, production and germany has remained stable over the past few months against all the odds are employment rate is at record levels and has recently increased even further. most importantly, our transformation toward the climate neutral economy. the fundamental task of our

century is currently taking on an entirely new dynamic, not in spite off, but because of the russian war and the resulting pressure on us europeans to change . whether you are a business leader or a climate activist, as they could security policy specialist or an investor, it is now crystal clear to each and every one of us that the future belongs solely to renewables. for cost, reasons for environmental reasons, for security reasons. and because in the long run, renewables promised the best returns. so yes, the past year brought fundamental change for germany and europe. but germany itself has fundamentally changed as well. we are resolutely pushing forward with the d.

kobinie zation of our industry. we want to be climate neutral by 2045, and at the same time, we will remain a country with a strong manufacturing sector. and despite all the difficulties this past year showed us, we can and we will succeed in that in less than 7 months. we build up an entirely new import infrastructure for ellen g in williams huffman. in the future, it can also be used for hydrogen. just last saturday i opened our 2nd ellen determiner within just a few weeks in look mean the day after tomorrow and other terminal ship is expected to arrive at the port of once. but 2 more will follow. this is not only good news for energy security, and that of are you pin neighbors who will be receiving guests from these terminals

. above all, it shows germany can be flexible. we can be and bureaucratic and we can be fussed. i spoke of a new deutschland cushion this kite in this regard, a new german suite. we will make this german speed the benchmark also for the transformation of the economy as a whole. your companies can hold us to this standard. a new law mandates that the expansion of wind power, solar energy, as well as electricity and hydrogen networks. now take priority. we were made available no less than 2 percent of our country for wind power, with a minimum of red tape. we have streamlined our processes. so that approvals for electricity grits to name just one example are granted on average to for years

faster than before. and we intend to step up. the pace is more you can also rely on our targets. the obstacles have been swept a site. for 2023, we have more than doubled. the volume of calls for tender for onshore wind farms, along by the year, 203080 percent of our electricity production will come from renewable sources. again, double what it is at present. at the same time, our electricity requirements are increasing from 600 terabyte hours to day to $750.00. by the end of the day, kate. and we are expecting them to double yet again into 2000 and thirty's. this is a massive increase that is why the federal netbook agency has been given a clear mandate to prepare an expense or the tricity grits. accordingly,

we will regularly review the progress mate. if it's not on schedule, the measures will be adjusted. however, electricity alone is not enough to run germany's industry. i'm thinking for instance, of steel production, hydrogen will play a decipher self role there. and that is not a far off scenario. last fall to some cropped, gave the green light to build a direct reduction plant. for low carbon premium steel, with a capacity of $2500000.00 metric tons, the plant will save for $3500000.00 metric tons of c o 2 per year. this is just one example of europe strength and innovation. europe is towards number one and hydrogen patents and $1.10 global applications come from germany. the 1st supply chains for green hydrogen are currently being built up in our

country. for our own production, we are using offshore wind in the north sea. in parallel, we are concluding hydrogen partnerships would bite for as long as quantities are small and the costs of production correspondingly high, the state will bring price us down to a lever, lucrative for the industry. our goal is nothing less than an electrolytes, as boom. and as quantities increase, a hydrogen powered industrial sector will emerge that perverse preserves the climate and is independent of vol. i'd type prices for fossil fuels because the one thing is absolutely certain energy must remain affordable in germany, in europe. and worldwide. in germany, we decided to cap electricity, gas prices for private citizens and companies. these measures will run until

2024. annually we will use around 2.2 percent of our g d p. for this, a total of up to $200000000000.00 euro. that is both forceful and proportionate. it will give your companies to reliable energy prices and the present planning certainty. you need to invest in germany's transformation in the european union. we have agreed on joint targets for gas filling and saving. we would purchase gas jointly more often and coordinate storage better and we will use our market power to ensure that your pin prices do not decouple completely from the world market. moreover, we are also aware of our global responsibility. let me say this expressly expressly to our friends and partners in asia, africa, latin america,

and the caribbean. the fact that we use pins, purchase l n g on the world market must not lead to scarcity elsewhere. we will need alternatives for the roughly cbc2xb cubic meters of gas from russian pipe dance missing from the word market more renewables of course, but also temporarily additional guess resources. otherwise, there is a danger that without affordable gas emerging economies in particular might switch back to coal. this would be even more harmful to the environment. of course, we must avoid new log ins, new path dependencies at all costs by making new projects h o to ready from the very outset and being and by expanding renewables in parallel .