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tv   Business - News  Deutsche Welle  January 24, 2023 3:45pm-4:01pm CET

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subsidies where from one of the authors of the study also coming of europe looks the said to diversify its clean energy sources as well with germany, announcing a new partnership with africa. i'm chris cope about the program. europe could end its dependence on lithium, ion battery is from china by the year 2027. that is, according to his study by the industry group, transport and environment to the previous investments in battery plants could set the continent up to produce all the components needed for the future vivo production. the biggest risk to this outlook, the us inflation reduction act launched last year, which gives companies major incentives and subsidies to up production within the united states, possibly making some companies re prioritize their investments are right for more or less bringing one of the authors of the study julia police can of our senior director for clean vehicles and e mobility,
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abs transferred and environment walked on to the program. julia. so europe self reliant on batteries. how did that happen? well, actually this is the result of the success of all at green policy agenda. sh, clean carol's, for example, promoting the electric vehicle market has created the investment certainty in europe. so that to day l. 50 back to rekey, the factory in the factories producing that scale announced committed to by 2030. meaning that even already last year, we produce ha, all the batteries that we needed in europe. so that's a real success. okay, julia, how likely is it that these companies that are these factories or other will actually be built until now? those are just plans aren't absolutely so, so this fact advanced than others, but many haven't secured full funding, haven't secured off take,
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or they don't even know what technology exactly they will be producing yet. so this all shows the potential, right. and now we need smart industrial policy agenda in europe to make this potential happen. and that's where you s, irate today is a real risk to this announcements tell us war obsolete. how substantial as the so euros in florida reduction act to europe, screen, energy ambitions. well, we already know that there's a few companies that already actually said, well, you know what, we'll 1st build a factory in the west because it's more attractive. they're the subsidy, the u. s. is doing on average, can cover up to one 3rd of your entire cost to actually build that battery factory in. generally the us that's huge, right? and that's what we need to do in europe as well. i want to stress that it's not just about money. there's at least 3 things. pieces of this agenda 1st. let's continue lock in in ambitious green policies. they drive investment case,
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we have it for cost, we now need to do it for trucks. secondly, we need to get things done faster in europe. so we need to have some kind of green simplification agenda, so it's faster to build a battery factory than a cold factory, europe, and finally, money. joy, amani? just julia, just just her interject here when it comes to supplying subsidies and to make things easier for you might have berlin lobby against that because the german government is warning against protectionism. so did ideally, of course, we all want to rely on open markets, efficient trade, etc. but the u. s. i right 1st china now u. s. i a have really just changed the rules of the game. so if we want to have this industry, we need to be the financial support we give to these companies, but it needs to be smart. it needs to really target the sector. they are at risk.
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for example, green battery value change. it needs to also not just do research and pilots for 3 focus on opec's or supporting production scale in europe with unnecessary environmental safeguards in place. so do things simpler and better than in the past if we want to still be in the game. julia paul is kind of our senior director for clean vehicles and e mobility at transport and environment. julia, thank you for your thoughts. thank you. now the warrant, ukraine has shown that being dependent on one single country for all materials or fossil fuels can be dangerous. this is one of the reasons why the german government is now taking a closer look at africa. it aims to realign its cooperation with countries on the continent. future corporation will focus on renewable energy such as the production of green hydrogen germany. germany is already working with morocco, tunisia,
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south africa, and algeria, and building a new partnership with kenya, namibia is also seen as a potential new clean energy supplier. germany intends to provide 30000000 euros for pilot projects on the ground. german direct investment in africa was just under 12000000000 euros at the end of 2020. not much compared to other countries so far only one percent of german foreign investment has gone to africa. china is leading the way, spending more than 300000000000 euros. now short while ago i spoke to b. s highlands, head of international development at the heel institute for the world economy. and i asked him what role germany is likely to play when it comes to firms creating jobs and opportunities for people. i certainly expect that germany will, will offer to help countries to, on the one hand, build more inclusive institutions to bite corruption to leapfrog,
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to green energy generation. and what we will have to see what kind of instruments germany will offer to its firms, to transfer technology, to create shops in african countries. that's something which we're probably only be visible. as for example, the economy ministry will create its own strategy during the countries on the african continent to have very different economic conditions which countries are in the focus here. so from the discussion i have heard during the last. yeah, i would certainly expect that for development corporation for development 8 am the reform partners cynic, i will still play a major role. but when it comes to generation, we have seen that germany is interested in working with maybe south africa. and when it comes to security policy, certainly the west would be customer widely included, maybe the countries how does german government and had to strengthen opportunities
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for african companies on the german and european market as that is that part of this strategy? i do hope so. i think one in particular, when we wouldn't be to create financial incentives for germany to diversify. so moving away valley, a change from especially china poppy, russia, so other partners which to which germany is highly exposed. and then in the process of transferring technology, know how and creating jobs in african countries. i think that would be highly beneficial to both sides. i think the, the elephant in the room here is china. it obviously has had a major impact in on the african continent has been trying to gain a major foothold there. so what economic role really play in africa
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and will, europe and germany be able to counter that? so china is already and will become the main trading partner for most african countries, replacing europe and especially former colonial powers. and the big question is, will the african countries play the role of me or supply of resources and markets for the final product, or will they be integrated into value change to create jobs? and one europe can offer is for example, know how on how to integrate the continent regionally. we have done that in the you very successfully at the you wants to follow. so that would be one of the office where germany and europe can really differ in the office from to tell us how can germany helped to address the issue of corruption? how can i get involved in fighting corruption?
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when at the extremely difficult question, i think needs to be a dual strategy on the one hand, incentivizing good governor as done with the focus on reform, countries willing to institution. and then what research has shown, it focused on civil society and working with local governments and local non governmental organizations. and you can journalists and so on is really important because they can provide oversight to the local government and help making institutions clean out the time. to be inside land, head of the international development center at the keel institute for the world economy. thank you for your insights. thank you. and there already are examples of successful calibration. the germ carmack or fox wagner teamed up with a rondon urine university. and lo, broke partners to produce an
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e tractor that's easy to handle, repair and maintain. this electronic tractor can be powered with solar energy. and as the result, the sponsorship, a 2 ton tractor with a $27.00 horse power engine. but the motor is electrically power. a german car make a develop this detractor. prototype along with a university of key golly. and the g a c. germany's development agency. we just replace the diesel engine with an electric motor and put the battery on top of that . and now there you see the swapping desk, you see the 2nd battery on, on the stairs. and when you come him here, you can move forth and back down. then with that you can release the battery and show it back. and for the full battery on the track road, so from can them resume working the batteries are charged using solar energy.
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that's because solar electricity isn't just clean. it can also be used of grid. and only half of rwanda is actually connected to the grid. burnett, munyosak fear and his team from the university of rwanda are working on making the batteries more robust so that the e tractor can soon go to work on the dusty, sun baked fields. oh, rhonda needs it for other quarter americanization to beat user friendly because of for reducing the a depletion. fatherly need to re maximize the productivity agriculture from that to this run the has to increase its agricultural productivity to help feed it's rapidly growing population. longer periods of drought linked to climate change are increasing the pressure to make farming more effective and sustainable. and there's a look at our top stories that the sour europe could end. its dependence on lithium,
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ion battery is from china by 2027. that's according to a study by the industry group transport and environment. but it also warns with a new threat from you as subsidies and germany aims to boost kolber ation with africa, it'll focus on renewable energy use, such as the production of green hydrogen in an attempt to further diversify its energy supply. after years of dependence on russia, that's a show for now for more checkout website at d. w dot com slash business. i'm chris cockburn. belinda, thanks for watching. have a successful day? ah ah. with
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a pulse with the beginning of a story that moves us and takes us along for the ride. it's all about to perspective culture information. this is dw and d, w, made from mines o these places in europe are smashing all the records. step into
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a bold adventure. it's the treasure map for modern globetrotters. discover some of you record breaking sites on your back too. and now also in book form. hey guys, it's evelyn sharma. welcome to my podcast to love matters that i invite celebrities influences and experts to talk about all playing. loved, thanks from day to today. nothing. less of all these things and more in the new season of the plot, can make sure to tune and wherever you get your path and join the conversation, because you know it love matters. mm. ah, leonor go da vinci's, mysterious masterpiece of this. perhaps the greatest leonardo masterpiece in the collection of the louvre and no, it is not the mono laser. it is the virgin of the rocks. was there
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another symbolic meaning to this beautiful painting that perhaps we just don't understand? the search for answers starts february 10th. oh d w ah ah ah, this is dw news live from berlin, germany inches closer to green lighting, the use of german made tags, and you crate to fence. minister forrest historian says allies can start training ukrainians to use their stock of leverage tax. but the chancellor is still weighing a decision on whether.

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