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tv   Tranforming Business  Deutsche Welle  December 14, 2023 2:15pm-2:30pm CET

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you know, how miserable conditions have become because of the winter. so we are being challenged and we're being pushed in the corner and or we're asking for a use that for us as human. and terry is to be allowed to, to do our job us. and with that, you are up to date coming up next 10, clean text, 3 shape the planet. that's off the break, i'm british manager, and relating to you soon by the, the monumental structures of the stone age. a milestones in the history of mankind . some of its greatest meetings in megabytes or monumental stone arrangements that people are arrested long before the pyramid, technical and logistical feet. that simple as the impossible agents and bodies. here the stones tell the story of the power for revolution.
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what exactly happened as of 10000 years ago, is shina nice on the left by our ancestors, the secrets of the stone age. december 22nd, on the w and the from flexible solar panels to making energy for you book. there's no shortage of ideas to help save our eylandt thomas and your pockets. what we really want to do is that we face energy for the customer and there's no shortage of investment either. this is the most interesting opportunity in the company in the morning. it's actually quite expensive, it can get get cheaper, but it's a lot of songs, winston, and then it can also get more expensive and we want to shift the customer consumption
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to those times when is actually cheap. the taste says, one of the tysons of new entrepreneurs that's see a gap in the my guess, pain tackert, green technology, new products that we need if were to help save up thomas. this is a norm is privilege to be here on earth, say to join in signing this historic agreement to shift in your in more eco friendly ways of living meaning of fossil fuels. because a real estate years ago, global leader assigned an agreement to try to limit global warming to a level of which we'd still be able to live comfortably and a somewhat driving nature. that temperature is $1.00 degrees and the deal done what's called the powers agreements. then came a commitment from east states. the european reading deal is full the climate, but it's also for the people by 2050. they've plans to remove the same amount of carbon emissions from the atmosphere as they plus and with
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a seismic shift in how we consume energy came last year with the russian invasion of ukraine. countries scrambled to source oil beyond pollutants costs. um they box the long gain, investing in green energy supplies. the next story this morning, been in the same year at the us landed at an absolute punched with it's an inflation reduction act. this pro is the biggest step forward on climate ever, ever. it's got a interesting name for a climate to build a does the job right. and a few other jobs. and it will finance a lot of new experiments that hopefully will mean great positive change for society . sure. and had a nice talking about that strike from jo biden's administration is includes $369000000000.00 for the claim. us like tax credits for clean tech, your needs kind of investments with a venture capital company, a company that makes investments on behalf of people who have the money to make
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more money, while solving or punish re problems. we invest across the 3 domains, african climate, and ocean. all these domains will have climate angles to them. it's because we recognize that as the most important challenge of our time. but then also the most profitable to fix for already seen the number of investments in pain technologies nicer. passing those of fossil fuels. so we've gone from something like $200000000.00 being spent in 2010 to $1.00 trillion dollars being spent. this access around, so you use a climate turn less than vice or most of the money that is being spent is being spent on renewable energy deployment. so that's on, so know when and overall the gap between what needs to be spent now, which is 1.8 trillion versus what needs to be spent to stay on that 0. it's about 4
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in house tree. this year it's expected almost $660000000000.00 will be spent on renewables, around $380.00 on making energy more affordable, secure, and environmentally friendly. and just over $330.00 on upgrading electricity grids, the rest will be spent on technologies like electric vehicles and capturing carbon . but it's not enough to limit the planet from slipping into further climate crises . and that's a huge gap and investments as something regional powers are all too aware of the united states and your opinion spend the most on teen tech in 2022. but it's china that's dominating the industry. the now has a stranglehold on the battery supply chain. it has a stranglehold on battery manufacturing and it is the largest manufacturer and the seller of electric cars. yes,
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yes. so the current wings are being built in doing a lower and east, well as the head of a product called wind wings, sales for ships the sales work as an auxiliary power source. the idea to reduce is fuel consumption and save from carbon emissions. so it says that on average, the sale safe on the vessels fuel usage by 3 tons per day to put that into context . that's about the waste of 6 grand pianos. the sales were designed by naval architects based on the u. k. and are made in china. so our main supply chain is china at the minutes, and that is, that's been really great for actually getting a competitive price products to the market. last year, china accounted for almost 70 percent of mining. for the minerals the world needs to meet, it's kind of goes us around to distance seconds and then australia the wrong materials are using products like solar panels or wind turbines. and china leads
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globally and processing these materials at the moment globally. and europe, in particular, is extremely reliant along on china full many of these critical supply chain and take care works for an easy funded organization that works with all stakeholders in bringing to mark as new technologies that move away from fossil fuels. from a perspective the, the, the issue is how do we diversify and provide you need innovations in parts of africa and latin america as well in a way that supports local development of supply chains that supports a change and approach which doesn't then become so reliance on on china, this dependence on china is something the you wednesday us are trying to move away from. they want to meet climate targets without jeopardizing geopolitical autonomy and economic competitiveness. all 3 are focusing on money injections in their own
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green internal markets. and the u, as even looking to mine again for some of its own minerals materials. but how can search in cedar approaches help reduce emissions or improve energy secure she globally and did the despite widespread climb as agreements, policies for innovations to take effect have no cause up. take off to him as an example in germany, making the switch to renewables to the app won't be possible for much of the country's population, but lives in apartments. so my flat and berlin, i have district teams as a, as a central pipeline which produces the heat for an entire district. there's nothing you can do, you wouldn't be stuck with it. you can't really switch away. the company's idea of having people monitor how much energy they're using is not possible unless the consumer forks dies around 100 euro for smart metering. mandatory realize with
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smart meters doesn't take effect in germany until 2025. in germany, 99 percent of the meters are not capable saw i'm not ready for on model. if you look into nordics it's, it's completely middle. so we decided, yes, standing on smart meters to actually be one of the 1st indeed us and job. largely our problems and i say r as in the, as in europe in the world, they are political, they're not technological. we have the technology to do the things we want to do. it's a matter of priorities. and so if we prioritize differently, we're going to be just fine. the question is, if we will and it's a good question for your a certain late april need additional investments of more than $670000000000.00 a year to meet its clean tech energy goes. and the health of our promise needs to be kept to the for pre owned political game. we all say a lack of capacity and capability within public authorities to actually help shape
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some about market conditions that allows these things to scale. we are absolutely saying a lack of, of mobilization, of funding and finance, and in particular about blend between public and private money. tell things scales, public money won't be enough. take wind wings to get their product to mark as they secured investments from the you. and from the largest company in the us cargo. so we were actually contacted by cargo a long time ago many years ago to help them assess technologies that are on the market using our simulation tools. so that partnership with cargo and with n z shipping later on when the retrofit is really what's giving us the. ready ability to, to develop products and bring it to market going back to the original question for teen tech companies to really reshape the scenes. there's no time
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there's a funding deposition on the policy shortfall that's having a knock on effect on changes taking effect. if were to keep to work, climate commitments will need $4.00 trillion dollars annually. for the early 2030, we'll need to know, urge corporate actors, banks and huge pension funds, riley, and their waste behind the climate cause i'm gonna need the badger sharing of resources and innovation to wider political maneuvering. because for now, the security of our thomas and the clean tech shine are quite a distance away the the into the conflicts own with tim sebastian, i guess from belinda is alexander w, director of the con, the russia, your agent center for no rush is economy has stabilized and mr. put in,
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incisive on war crimes. charges is nonetheless finding plenty of friends so well as new found confidence symptom into a big a role with ukraine. i've even a fight with major conflict next on dw cool, making people sick. bosnia largest power has been accused of causing respiratory diseases, and cancer diagnoses are increasing all over the area. but operators are stonewalling. politicians are useless and there's no money for research. is there any hope less focus on 0? in 60 minutes on d w, the,
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we want to be the number one system carzillo deal, the car to clean and empire of crime. lose even up to a sales one coin made up currency. then she disappears without the trains of financial thriller about the world's most wanted woman crypto queen stops december 30th on dw manyels engine. you belong to the 77 percent because i don't go to 65, follow us last goals and years. 3 reasons why one to 115. we are here to help you make up your mind. all the topics i'm much up to you from table topics, the new culture financial team. and let's say what the quote, the,
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the slow crew come fix and ukraine will soon head into its 3rd year with the pressure on care to advance on the battlefield. and re energized support in the west. my guess from belin is alexander w, director of the con, the russia, you raise your center. the bad news is that, unfortunately, there's support for your trade in the west or how public is going down for now.
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rush is, economy has stabilized and mr. pretend incisive on more.

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