tv Global Us Deutsche Welle July 8, 2024 1:30pm-2:00pm CEST
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so now everything in between moses a video and audio production by d w. i hope that you will tune it, whether it's baskets themselves, food on or goals and india. sometimes sports are more than just the game. the saudi arabia has plants to reach carbon neutrality by 2016. so why is it still investing in oil and windmill supplies of the fossil fuel run out the in 1956. do you, scientist for show and professor at stanford projected the global oil production
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with peak around the year 2000. this came as a huge shock at a time when well was driving more and more of the economy. some people thought it would mean a global financial crisis and others a full on apocalypse. since then, predictions about peak oil have popped up again and again. supply problems were supposed to start in 2011 because effects noticeable by 2015. there was talk of high prices for food and fuel, supposed to impact agriculture and electricity. but none of this ever happened. the supply problems that everyone freaked out about never came. so what did happen, and so to be worried about running out of oil 1st, looking at this question now is completely different from the decades ago because there been huge changes in our lives, in the early 2, thousands. we weren't really thinking about life stuff off of us. electric vehicles for nearly unheard of, to an end of our oil supplies seems like i just central crisis for the planning. the growing awareness of climate change renewables of taking off and the amount of
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them in a mix of guns usually is not cheaper to generate electricity from solar and wind. then from the faucet. there's also way more attention on electric vehicles. 14 percent of new vehicle sold globally in 2022 or electric compared to just 5 percent in 2020. even the united states in china to huge polluters are making has the investments into green technology. and something pretty special happened in 2023. when we're looking at renewables, investment, which k has been growing rapidly and insurance trends to net dot from both the field in 2023. for a key to my coffin used to work for the key and our research is how markets align with kind of policy. data sets wide, one not much would move without fossil fuels, in oil, in particular, the future of renewables is looking brighter and brighter. and that is mean the end of oil takes on a fully meeting up to say about 15 to 20 years back. there was a concern that the supply is going to be run out of wire to area as an engineer and
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standard and poors chief energy strategist. now the. busy service advisor for which is that really hit a key card slide or demand. this is a really huge shipped and october 2023. the international energy agency published a report predicting the end as well, and other fossil fuels. only this time, the end of the peak in demand, not supply, and is predicted to come in 2035 demand and low supply means a high priced low demand and high supply means a low priced oil executives around the world were up in arms over the report because less demand for the same amount of supply to mean following prizes for fossil fuels and less profit for the industry. this is a big deal since demand for oil. it's been growing every year except 2021 covet hit . this wouldn't mean that we wouldn't use fossil fuels anymore, or that it would become much harder to justify new fossil fuel projects. because our supply of fossil fuels is doing great. the oil it, i'm probably not the visual,
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the kind of disaster you have. it was for years oh i am and that doesn't even count on the new plan projects. this is mostly thanks to a new this technology called hydraulic fracturing. or frankie, tracking is a process that involves injecting a slushy of water and chemicals into rock screening. tons of tiny cracks. this allows oil and gas to escape and be collected at the surface. the waste water has been often injected deep under ground, which can contaminate the local environment and cause earthquakes. tracking took off in the united states in the early 2, thousands and the country now produces more oil per year than any other nation in the world so much that it's affecting other countries. so the area order round, you are here in colorado and actually right now because of summer's over supply and the market staff producing not less than what they can produce. so on the one hand, they might have an over supply of oil and on the other plateauing demand. also, investors turning away from fossil fuels. the oil companies are used to expanding and major oil producers like show exxon and total energies are also bedding on
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rising demand. data suggested that companies, i think that the p were increasing the production stakeholder is the lead researcher on a report that investigated well. companies, communication claims, hotel entities, stated it was full cost to 25 percent of its carfax to 2022 and renewables in that tricity. so when you look at what that includes, they both include some kind of gas fired power. they may seem like they're shifting towards renewables, but they're actually still banking on a fossil fuel future. the business operations on changing particularly, or the pace made it so, so they'll be against policies that would all stop change or bringing about quicker . but at the same time promoting this very public narrative that they are doing, they can stay don't oil. companies like russian ross, nests and savvy around color, also betting on future money from fossil fuels. even though projects approved now may never be profitable. new sites take years to build up infrastructure and to get
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ready for drilling and financial times they might become stranded assets, something that was invested in that became obsolete. for some countries, the 30 to 40 percent of in coffee school budget could be at risk as the foundation of vote for an old price is full that can have an impact on the economies. these countries increase the living standards of those in these countries, and that impacts could also have individual citizens directly. many pension funds around the world are invested in oil and gas. these companies fail spectacularly. millions of people could be plunged into financial insecurity in their old age. so faced with the end of, well, it seems like investing in renewables at the smart financial decisions. they're cheaper and there's less risk of new projects becoming stranded and unprofitable in the future. so all of that is longer time for more as much, there's not going to be overnight because according to all predictions, we're going to continue to meet fossil fuels for a while. they're used as a backup power when wind and solar are running and widespread. nuclear isn't likely
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to come on line and time transport and energy storage also need to improve for us to be able to equip them entirely. but the more investment goes in, the more renewables improve, and we desperately need that to keep existing on this planet. but we are on the way . it's no longer a question of if, but when, instead of being concerned about an end to an oil supply, we should be worried about pumping too much of it. with falling demand in a world shifting to renewables. it's not a smart decision either financially or for our life on this planet. the, the world's largest oil exporter saudi arabia. the kingdom is looking to massively expand its green energy production to help drive the supplies economy and reduce dependency on oil. it could be a huge step in the world's quest to hold climate change. but is saudi arabia really quitting oil,
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the this a co city items to be completely carbon neutral. incident famous, the line wants to have 9000000 people in a 170 kilometer long strip of skyscrapers towering 500 meters above sea level. and that's just one small part of a much bigger plan. cold neil, no roads, no cause 0 emissions and run completely on renewable energy. this is the glitzy face of saudi arabia is a vision 2030 and ambitious roadmap to move the world's largest oil pallet away from fossil fuels. to world news me. because the world news change, it all sounds great on paper, but this skepticism about where the saudi arabia can actually pull it all, you know, the saudis have been making a lot of wildly over ambitious goals. the country's wealth is built on its massive oil reserves, which are distributed by a national oil company,
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a remco ramco is now 98 percent savvy, owns and valued at about 2 trillion dollars. it posted a wrinkled profit of $161000000000.00 in 2022. and this war chest is now driving the kingdoms vision 2030. it's a plan that sounds as ambitious as it is paradoxical. a country built on oil wants to move away from royal, but one the a. so i the real i, mr. definitely can help you sir. the little so here the softly, if you have a she is a teen defect, to a rule. the crown prince mohammed been so mine is the face of vision 2030 the saudis, once we get 50 percent of the energy from renewable sources by the end of the decade, currently the pallet by 99 percent fossil fuels the. this is jim crane, who specializes in energy g. i, politics,
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international organizations, we, i am at the world bank, et cetera, has been urging the saudis to diversify their economies for a long time. finally, those warnings have been taking hold. the initial target about $54.00 gigawatts of renewable energy capacity. sadie recently said the sitting at just 2.8 gigawatts. well, there's about $21.00 to $24.00 gigawatts on the development. this is karim l. g and the climate consultant based in london, whose focus is on the middle east. i'm not a bad thing man, but if you'd ultimately, whether a 50 percent target can be issued, i would say that looks very difficult. mohammad been so ma, never the less appears to be giving it a very decent crack to success. as sadie rule could be judged on this green energy hill and the saudis are indeed talking a big game kind of change. that's really the better place that we found. we have to do some full amount of and you have to do it. but here's the thing,
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irrespective of this green vision, saudi arabia isn't exactly putting a cost to quit fossil fuels. it's quite the opposite. it's still plans to pump out as much oil as humanly possible, and philip's cough as to the brand. in fact, sadie radio also wants to increase natural gas production by 50 percent, and it's actively searching for new markets to explore its fossil fuels. the salaries have, has been, you know, not just diversifying, but they're also doubling down on, on oil as well. i mean, they've been buying a lot of refining capacity in developing countries. that targets live mainly in asia and africa, and investigation involving britons. channels poll recently found that the saudis was aiming to us additionally raised oil demand in developing nations to cheat cause supersonic commercial aviation and floating power plants. at the club,
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28 world climate conference. saudi arabia claimed that carbon emissions from fossil fuels on not a problem if they can be recycled, all store argues are the problem. the me is emissions and small also bills. and if we manage the carbon in a way by recycling it using of the alternately capturing as i'm storing it, then it will be no problem with that with, with, with having some emissions. there's just one tiny problem. the tech to do that isn't anywhere near advanced enough skeptic site. it's merely a destruction by fossil fuel producing nations. and we'll finally investment away from annual energy kareem. and again, the estimates that the tech, if it works at all, would be available at scale and to potentially 2040. i think 2040 is too far. we don't have enough time accepted on that. i can see what was interesting approach that we shouldn't be weighted to one technology and in an hour drive towards the composition, but to depend on the technology that isn't available until 2040 at scale is
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a great risk. so while saudi arabia matches on into its brave new green energy, well, that's still looking to convince developing countries to take the oil and persuade the world's leaders that manage in common is the solution to the climate crisis. so the plan is on track around code predicts boil demand will actually increase to $105000000.00 barrels per day in 2025. a role that talk about flooding, climate change in building a better welding. splashy promo videos, disarray the unlimited hasn't changed that spawns putting oil just isn't a consideration. instead, they'll just sell it elsewhere while cleaning up their own energy system to make the world's carbon reduction targets. it's a win win for saudi arabia. and if the kingdom pulls it off, it could be in a more powerful and lucrative position than ever the full
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the so when saw so don, one independence from to dawn and 2011. the mood was due for it. but soon the civil war broke out political chaos and poverty still dominate life and the small nation . many young people face a future without prospects, but not all of the time to get ready for the paxis sports use then whose power bank he has a long journey ahead at 5 o'clock in the morning. hockey, my yolo sets off for training. he doesn't have money for the bus, but he's big dream is to become a basketball player. and so he runs for 2 hours in
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flip flops from the suburb where he lives to one of sounds to dance, few sports grounds in the capital, juba. you come to mind your dad, don't mind your dad. the body will accept you that daniel might not die out, but nobody would not complain. so it just you off to keep on. like working with the mentality of the there's a high level of ability among the players here and how key my you'll the faces of lot of competition youngsters taller than 2 meters are no exception in south through that. and there was great commitment to even 4 year olds practice for hours in the blazing heat stamina paired with a lot of talent. it's not easy for 13 year old hakim viola, to stand out from the crowd. gang b. r. dang,
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runs the training. he used to play himself in the us. it was only in 2011 after self to dan again, independence that he returned. the sports center is dedicated to keeping young people from poorer backgrounds off the streets. and this is a good environment for them. you know, to interact, to develop physically and mentally also stay away from troubling cuba, the capital city has high levels of poverty and crime. the parents of most of these kids are less than $2.00 a day. so training is free. how many children spend the whole day at the sports ground donations in part from abroad? mean that the center can also provide lunch after 3 hours of training hakim and his friends are very hungry
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then it's time to relax on the games console featuring go fever teams from the american, n. b a. the world's top basketball lead for many here basketball, maybe the only way out of south sudan. i dream is to play and get a play to navigate. now play for those guys on my heels, cause like they, when they went out last the i be able to present that have played with the south through the national team, competed in the 2023 feet of a world cup. and there's also qualified for the 2024 olympics to 1st for the country. the team is reviewed in a way it's president, can only dream of the south. suzanne has just one basketball stadium. and with the local tournament going
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on, the only national play are still playing in his home country drops by coach bar is friendly and approachable. the chance depends ahead of the upcoming olympic games. he knows just how important basketball is to people here. it brings together men and women from the new and didn't get ethnic groups who are normally hostile to each other. the having a lot of a disagreement among us uh, 4 digit cutting. we 4 among all, essentially 2000 searching and to put divided. so we were trying to look on something that can united nice thing with the money we, we money to get this one in any sports. we have a lot of negative things that been, you know, happening to us been save, but now is opportunity we have,
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we've been given this opportunity to, you know, to say the narrative to give the people different story. i mean, the thing is a big responsibility. plus the coach bar is determined to be an investment for self sudan representing his country well in the outside world. after a long day of training, hakim, i o stays to watch the games, and to learn some tactics. south sudan has a lot of young challenge, like him. the average age here is 16. the next day is sunday. a day off, hakim spends a few hours at home. he lives with 28 relatives, siblings, cousins, uncles, and, and his mother it's not a family of athlete. and hopkins passion has long been a topic of conflict between him and his father.
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remember kim came to me and told me that father, i went to the football flare basketball player and i was upset and mind was absent minded to him. because a, according to, according to this country, it cannot afford him to play foot must be buying new sneakers is out of the question as they're much too expensive. jack, my older would like his son to continue as education. so if they get something like that and sponsorships i will be healthy, which is why hakim and his friends hit the training course in the afternoon. they all dream of a sports scholarship in the us. it will be difficult for hockey, my older to stand out against the competition. but he already gets so much from basketball, including a sense of pride, strength, and tenacity. the
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. it's hot and dry, but these kids don't cat. they passionate about playing soccer off. the village is betia poor, lies in central india far away from the big cities and it's developed into something of a football mca too well cut off. thank you. and soccer is the 1st thing i think about when i wake up my friends that were ready waiting for me so that we can play fast. we practice policies and then we divide into teams play a much and this in a country rec, cricket is the main sport, but they render a big number. 25 is one of bishop who is young. so good talents. his idols,
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a big international names. nice little missy. a lot in bob a. the value of the young k as hope that sucker will offer them away out of poverty. this vote is already what one small miracle here around 20 years ago. bishop who was notorious for the alcohol brood. find the cool families and in the middle of a tune with the children who were involved, both with the brewing and with the drinking. guess that a database a back then even the government promotes to dates what people would need the extra licenses for members of the local tribes. i would, i started training the children and told them they wouldn't get any better if they continued drinking. we motivates which and encourage them for that 1st, just a few kids again, training,
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but more of them all have joins there now. 14 coaches who also train players in the surrounding villages. the region has become known as many brazil. 45 talented players here have made it into the national lead. moved them from any other region in india. that's helped get sponsors on board. in the beginning, coach res. com put hockey salary toward supporting the children. yes ma'am. let's look at those summit now. there are real houses here to do in the past. that was something like that, but everyone was very poor. they were hardly any. so could be. so t shirts for children borrowed them from each other who said just to get what you're going to get there. we had few results here, but we always sold a ton of them because it doesn't tell us like that to render vega and his friends. they dream of becoming captain of the national team and train twice a day before and of the school. the weekend, 16 year old very end read does his homework in between the training sessions. his
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parents are happy that conditions have improved so much. they used to be in lots of alcohol, produce to you. now that is normal. what can we send the children to school? i want them to learn and develop children here on their loan, get involved in alcohol production. that is that off the, in the past, grandpa types used to drink alcohol, to then no longer around. and that kid sits delsey playing, so that's distracted them from drinking. now everyone goes out and play soccer including the goes, there is crazy about sucka as the boys. i'm brimming with self confidence, like 16 year old stuff now. and as the last may i get on the wind, not less than the boys, it all depends on the training. if we train more,
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we better if we train less where we cutting the daughters to be. to me was that you have to decide whether you want to be ahead. well behind jenna jad, the applebee's to and i to and that's at the but there is one big difference between the male and female soccer players in rural india. and it's hard to overcome. let them know that they tell you i can if we get really good and then all parents, maria, so it will destroy our dream for dr. debt. that's all i want to train hard to make a career out of stuff instead of getting married in a day. but my mother says getting married is important. like i say, my support is important. but if she and systems i will have to do it is then look at an event. here in many brazil, people have managed to build a life free of alcohol. but breaking away from traditional gender roles may prove a tough a challenge. the,
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stepping into this building is an emotional experience. used to be addressed in head causes of the g, d. c. that's name. it's did for the the know it's a space will test story. in 15 minutes on the w, when people think kicked off, they think money luxury, they tell me is that is the most. i didn't cause the site and there was not the 1st
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name category. it means nothing in the general idea of lifting it. try and involved communities. blackouts out, 111717. and 19 minutes on d. w. the dentist house i mean the for a station in the rain forest continued carbon dioxide emissions have bruises and again, the people of the world the impact was the biggest change doesn't happen.
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the make up your own mind. me to ask because the manuals in june you belong to the 77 percent to come to i don't go and 65 full was last. you'll stop 5 years. 3 reasons why 1115. we are here to help you make up your mind. we are here on please find your mind. so all of the topics, i'm much it to you from trouble fixed a new culture and then 15 minutes, let's talk about community life on the research is now on the
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this is dw news life from the russian launches its biggest attack on ukrainian cities, 4 months a christmas i'll talk it's a children's task comes to a hospital in keith authorities across the countryside world and 20 people that, that and thousands ages also. and the programs celebrations in front and back between the lines defeats the fall rights and parliamentary elections. the surprising victory by the new popular front pushes present buchholz tundras into 2nd place. the axis prime minister to stay.
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