tv Business - News Deutsche Welle February 14, 2023 11:15am-11:31am CET
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and housing within the next year. but from where i'm standing right now in the destroyed old city. that's very hard to imagine. this city has a history of more than 2000 years and that has been wiped out within minutes of these deadly quakes. johan reporting from on takia and turkey. thank you so much for the update. and with that you are up to date. business is coming up next with kate ferguson. a magnificent can and thank you for watching. 3 people in trucks injured, one, trying to flee the city center. more and more refugees are being turned away. order families played on the tax in syria to these credit owners with people lean extreme around
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getting $200.00 people from the agency around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind to w. made for mines. ah, ah, haggling over hydrogen e u countries are split over how to define the fuels green credentials. up steak essays, aid, and potentially billions of euro's in investments. but well, member states agree on the compromise. over coming up black,
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i have become part of daily life in south africa. now local are looking to the sun for a solution and the india knight is ambitious plans to boost its defense. exploits will get analysis from our correspondence in delhi. this is dw business. i'm kate very often welcome. how green is hydrogen? that's the question. the european commission needs to resolve as a resume talks on renewable energy targets. today. at issue is whether or not hydrogen to rise from nuclear power, it can be disc designated as a renewable france heavily reliant on atomic energy has been lobbying hard in favor of that. but germany and spain oppose it. the french government is especially angry about this because it says it approved plans for a hydrogen pipeline between spain and france on the basis that it's hydrogen would get that renewable label. it's important because classifications of this kind can affect the eligibility for state 8. nat
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european commission has issued a proposal to solve the problem to find out what it is and who's happy about it. let's bring in detail to report her louise and louise, welcome along. thank you for calling. before we get into the details, maybe you can explain to us why is this issue of how to designate hydrogen. so important a hydrogen is seen as the clean energy for the future in europe. and it is something that can be burned and the only by product that's left behind is water. so this would be great with regards to combating climate change. the issue with it is that it's quite energy intensive to me. so obviously, if the electricity being used to make it comes from renewable, it's green, it's great. you know, we can use it. if it is coming from fossil fuels, then it makes the, the hydrogen less, less clean actually. but there is also another option, and that is nuclear, and that is what france wants to look out for the future or to bring in to the
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energy mix yet. so tell us a little bit about why this is so controversial. i know france and germany are on different sides of this question, what's going on there? so basically germany has spent the last decade trying to move itself away from nuclear, shutting down its nuclear plants actually this year. that's the plan. front however, relief quite heavily on nuclear energy. so 70 percent of its energy mix comes from nuclear or its electricity mix. this means at that. so the, the hydrogen that at the front would like to be making, they want nuclear to be included in that. and this is something that they are pushing for, whereas germany is pushing against it. and germany, it once, you know, makes nuclear a little bit, i'm sorry, germany has had to nuclear. they are moving away from it because of the issue with regards to things like fukushima and noble and the issue of nuclear disasters. but
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also, you know, because nuclear actually, while it's green in some ways and that, you know, it's not as common intensive as, as fossil fuels, for example. it also has the issue of nuclear waste being left behind. okay, sure. so the european commission has actually come up by the proposal. now, what is it and what is it saying? and is it a bit of a fudge? what would you say? so the european commission doesn't actually want to designate nuclear derived hydrogen as green. but they are willing to say that it would be a little bit low carbon hydrogen. this would open it up to the possibility of france being allowed to, to you state subsidies and things like that. and it is, you know, great for france given the fact that it has such a high nuclear energy in its mix. huh. so this is kind of the compromise that they are reaching and france sees it as a bit of a when actually and the european union has incredibly ambitious climate target to
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wants to beat as climate neutral by 2050. would you say it is on track to achieve that goal? well, the problem that it's had is actually that, like you said, it wants to be climate neutral by 2050 gas. was a huge part of moving in that direction with the war in ukraine and russia, having cut off gas to europe, that has caused a lot of problems for the, for the continent. the u then has been looking for other options and hydrogen is a big part of that. so they want to move in that direction so that they can get back on track to making sure that they can meet the power agreement goals to reach copy neutrality by 2050. ok, so there is an awful lot at stake there. louise osborne. thank you. so much for breaking down for us now let's say what the issue of energy and had to south africa, where millions of people are struggling and they to what the government calls a state of disaster over its crumbling power infrastructure. as severe flooding has
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added to the crisis in the country, many south africans rolling blackouts have become part of daily life. that this has prompted called for a switch away from coal fired power plants. but the vested interest in the business make the push for change. very difficult. south africa's economy is powered by coal, but critics say this comes out of massive cost. the science is dead. air pollution, the killer and a full government needs to have been meaning to additionally 80 percent of the country's energy is produced by 12 coal fired power stations. in the south african cold belt. in 2019, greenpeace declared the area to be one of the most polluted on earth. every dcsf filing car suffering every day we can't breathe, would you even ask yourself whether you're going to wake up alive? he lemme better it will only become a reality if less, coal is burnt,
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but the industry employs almost a $100000.00 people, weaning itself off. coal will have dramatic consequences. promised marbella, however, believes that a transition to green energy is vital. she runs will carnie. a local environmental n g o. the county is based on the outskirts of emma laughlin. the angio installed a solar system on its own roof to show that power production can be taken into the hands of the community. solar can be an opportunity for local job creation and healthier environments according to vio county. well, that's a vision that my beula propagates with the communities you hudson puzzling dea. lemme change it for us. we are speaking of community 3. that to one an image that will be a community lead, where it will give space, especially for the young people to create a to manufacture for themselves,
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to make sure they put their desolate p. v in the community roof talks. but can solar really replace power plants and how can communities finance their own green power? thomas, some new new deals with these questions. he works for groundwork, an organization that advocates for a just energy transition with new and better jobs, social justice, and poverty eradication. i think um, we thought of all confusion in a perfect balance between the development and that i to have so it's not in either or situation. we can develop the economy at the same time to think a of good. please help me for quite noisy. the transition cannot come quick enough . after picking up her daughter from kindergarten, she returns home. her electricity has gone. rolling outages are affecting the neighbourhood up to 3 times
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a day. a bitter irony that those suffering from the pollution of the ones being cut from power night to some of the other global business stories making these germans are falling out of love with cash, but for out of 5 payment transactions now involving car that's according to the euro card system institution in frank 1st going appreciation for capital payments was helped along by hygiene concerns during the pandemic and no appears to a field, a longer term change in house. ford has a nice plans to slash 3800 jobs in europe over the next 3 years. the cuts are to be focused in the areas of product development and administration. the automaker sites rising costs on the need for a leaner structure of pivots to electric vehicles. most of those costs will be in germany, and u. k. m. japan's economy has returned to growth, expanding 0.6 percent in the 4th quarter. the upward movement was driven by more
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inbound tourism on to stronger private consumption. unless however, we're still disappointed they'd been expecting on even stronger event. it's to india now where a huge air show is currently underway in the city of bangalore hosted by the defense ministry. the 5 day ero india event is a month of spectacle, aimed at closing deals and showing off the best of india's aviation industry. the country have long been one of the world's largest in puerto is of defense equipment, but now it's looking to expand exports to with prime minister to rent remote pledging to wiffle annual defense exports up to 5000000000 dollars over the next 2 years. to find out more about these plans. let's talk to tara cars. okay. in delhi . sorry, this is a very bold goal. how well poised is india to develop a domestic defense industry of the scale?
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well, i mean, the potential is definitely back it up as you regular mentioned in guys, more commonly known as among the was biggest defense importers, ad but it does export a host of smaller defense products. and according to claims by india's defense ministry, these exports are rising by over 50 percent every year. so there's definitely a potential there for the kind of quotes that prime minister moody has talked about . these export items that are being sent to many countries include predictive items, spectral vessels, light helicopters, and at least 70 percent of this is coming from india's private sector gate. that's how we do live in a very insecure world, obviously. but who's going to buy india $5000000000.00 worth of defense exports? but you'll be surprised. gate of the defense ministry already claims that the over $75.00 countries across the world that are buying from india. these include countries which much smaller defense needs that india, to the big guns as,
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as it may, these countries include smaller ones like mol, leaves of even a pall malicious. but these also include countries but big defense budgets of their own. like franz, like russia, like israel, like even egypt. so there are many countries that are buying these smaller products that india is exporting paid. so the market does appear to be there at our cost k in delhi. thank you very much. and moving from air to space travel, boeing has announced it's opening a new production area in new orleans. it's where crews will work on new rockets used enough as our to miss program. they'll hold 40 percent more cargo, including observations, house lights and space telescopes. in november now for launch the 1st mission of the ottoman it found to land the 1st woman on the 1st person of color on the left. and a reminder of the top business story. we're following for you this,
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our european commission says hydrogen to ride from nuclear power. it can be considered low carbon as it's to be light in the continents energy mix. the e u is planning on producing and importing 10000000 tons of renewable hydrogen by 2034. we have time for 4 more. you can always check i t w dot com slash business. we're on the deal. the news youtube channel as well to find is there for me on the team here in berlin. it's the vice ticket with women clued as a women in technology law melinda lead the sound is providing gonna with the digital future for a better life. we teach design skills,
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supporting young people to point into financial, getting more women into the technology series found is valley africa. we've got some hot tips for your bucket list in romantic corner hotspot for food and some great cultural memorials to boot w travel. ah, ah ah, likelihood and my understanding is really your ability to ask for the basic necessities to be able to provide good education.
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