just as no company tesla is recording nearly all the bits vehicle sold in the united states because of faults detected in the in built onto pilot system. this follows a 2 year investigation into crashes that happened while the driver assistant software was in use. wasn't 2000000 cost effective. the next on the w special program asking a ton clean tack really reshape the planet bounced in just a moment. i'll be back at the top of the, by the votes. people have to say the that's why we listen to based on the ritual every weekend on d, w. level onto the system.

the way it is simple is how in key more people than ever on the move world wide in such a base in life with a cry suggested in cardboard, that's almost always find out about the baby story info. migraines from flexible solar panels to making energy. before you book, there's no shortage of ideas to help save for aiden comments 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 coming decade. well fuente training and thomas is expected to be invested this year and can check the sector that's from to reduce our carbon emissions. it's a lot of money for placements of entrepreneurs come these businesses. we re shape

the future from idea scalable as a politics to policy. they sent us out of transforming business. the promise and problems of the king tech sector is very good question. so yes, i do side every day to work or that's what's, hey, it's my sense and week fails him on his personal thing credentials. he told us that bases green business, a german company that's created to clean tax software, and the app helps people switch from fossil fuels to renewable. energy underlines them to monitor how much electricity they're using. when to use those devices to help saves on their bills. every hour thing throughout the day has a different price. so in the morning it's actually quite expensive. it can get get cheaper, but it's a lot of fun for instance. and then it can also get more expensive and we want to shift the customers in a seismic shift and how we consume energy came last year with the russian invasion

of ukraine. country scrambles to source oil beyond pollutants costs, and they banks the loan game, investing in green energy supplies. next story this morning, been in the same year at 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 a clean tank. 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 more money,

while solving or punish re problems. we invest across the 3 domains, african climate, and ocean. all these domains will have a climate angle to them. that's because we recognize quite as the most important challenge of our time. but then also the most profitable to fit the world ready? sing the number of investments in king 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, 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. net 0 is about 4 in house. 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 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 to yes,

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 fuel consumption and save from carbon emissions. so it says does, on average the sales 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

globally and processing these materials at the moment globally. and europe, in particular, is extremely reliant along on china a 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 in 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 through your focusing a money injections in their own green and turn on 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 security globally and in the u despite widespread climb is 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 countries population that live in apartments. so my flat and berlin, i have district teams, is the central pipeline which produces the heat for an entire district. that'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 1st mars meter mandatory road i. so smart meters doesn't take effect in germany until 2025 in germany.

99 percent of the meters are not capable, so i'm not ready for our model. if you look into nordics it's, it's completely middle. so we decided, yes, starting 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 some about market conditions. but 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 to helping skiles public money won't be enough. take wind wings to get their product to mark as they secured investments from the u. 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 the technologies that are on the market using our simulation tools. so that partnership with cargo and with n z shipping later on with the rhetoric, that 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 re shank the scenes. there's no time there's a funding deposition on the policy shortfall that's having a knock on effect on change is taking effect before to keep to work. climate

commitments will need $4.00 trillion dollars annually. for the early 20 surgeries will need large corporate actors, banks and huge pension funds ready and their waste behind the climate cause i'm gonna need the badger sharing offers horses and innovation to wider political maneuvering. because for now, the security of our panels and the clean tech shine are quite a distance away the the, to the point. strong opinions, clear position, international perspective. in 20244000000000 people have the opportunity to vote with many folders turning to

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