the optics, the document feeder looks at whether it's possible to have asperity without pros. i've been for so long. i'll have more world news for you next. now i get on the can you see what old car tires have to do with the production? here's a hands on the real media. now, on youtube, the hard working hands non stop production lines. the economy should be booming. according

to german lore. a growing economy means growing prosperity, the foundation on which germany was built. we're trying to, i believe economic growth is essential to safeguard our trust clarity on but now germany is doing well. millions of yours in debt. the economy lack luster. 2023 negative pros of 0.3 percent. what is that a bad thing? or could it be a blessing, at least for the climate? what would a world without economic growth look like the these people are angry,

the fall 2023 climate demonstrations and all of jeremy's major cities. environment protests have become one of the great social movements of our time. the average global temperature continued to rise in 2023. apparently, it was the warmest year since records begun the the bat. so for climate protection has long been waged on the streets. the we have not only a climate problem, but also a social one. for some the planet comes 1st. the others are afraid of high energy costs, social decline, or the loss of benefits. farmers in germany demonstrated against the appellation of

subsidized diesel for agriculture. the and hamburg, on the other hand, people rallied in support of a new perspective, the job which is now to go for. i'm sick and tired of hearing about all the things we need more of me when actually we need less of everything. we don't need more energy, we just need to be using less of a job, football, inviting. so it's my, my overall and above all, we should start to stream our understanding of prosperity as the secret code, the hiding a cool that's listed here. they're giving it a try, tumbler, cool. and also in the heart of the cities district, the restaurant clink of dishes here, costs between 15 and 21 years with several courses needed to say she had the

appetite on housing. the push and money on us one has to know the restaurant rat race well, very well. in fact, both have worked in mission and started restaurants for years. 18 hour days, pressure stress. then they opened their own restaurant and decided we're going to do things differently. and the stack was in the, in the kitchens where we've worked, you're just a number staff or a dime, a dozen in the province to and then working 18 hour days and the new on the basement kitchen on the head. you prep, mine goes from thailand, down a verse from friends and fish for me personally. and who knows what house and for 2 stars that latania not so here at the kink in summer regional vegetables are preserved for the winter menu. sustainable good for the climate. and for people, both ships agree, increasing sales and profits isn't the most important thing. the

big how you going to be the industry is the not the career path i saw ahead of me would only have been possible with a pushy mentality. and that's just not me. and i realize that all the people in the industry who i look up to are all pretty exhaustive. and by the seems a couple of send little danger of that here. fairway just for stuff. no unpaid overtime, only organic ingredients kind to the planet and people because you are sure we could get double the work. i took them and it was fine grain them days a year every day. at some point they'll burn out or night. it's nothing new only, so we just keep going to the most practical decision. the restaurants closed on the weekend when business typically peaks to my father. when i told my dad that were closed on saturday and sunday,

you looked at me and said sun, you can do that, it won't work, it doesn't spring. but it does. and the restaurants, particular nation, at least an intentional foundry that the chef can and want to afford for offensive . what do we passing up? we're passing up the chance of owning our own home in early thirties and having a portion of the park outside the door down. that's it. and yet the concerns that are world away from the life of this month, you can hang with the alarm clock goes off at 1 am. every morning for more than 50 years ish does even talk about it. i work 7 days a week in to 1000 new other ways. we were at capacity and i enjoyed my job. it's tiring, like 7 days

a week without any time off the site. so if there were 8 days in the week, you'd still be at work is bakery and a small has the in town, has a staff of $26.00 here. no one's thinking about home ownership, where a luxury cars, brother, survival in a world was discounted. plastic wrap, supermarket bread and lysis flux to there has to be grouped in. however small. if we start committed to half an energy costs are speaking, the price of ingredients is rising. yes. again, the, the uncommon got to absorb these costs some higher thing if he close for several days, like the kink or restaurant can handle, which would be quickly wiped off the market. and if you have talk of always with some significant new 40 weeks, don't work like that. we're a service provider toggle that we did a 4 day week, a good many of our customers would just take their business elsewhere from the iso

causes at the supermarket. next store pretzels, cost us $0.30. but this business drives on its customer loyalty and appreciation. lunch time. you all can handle. it has already worked a 13 hour day. doing the job he loves comes at a price. that is so much by god munch maya when i'm done on fox. and if i mean it can sometimes be a balancing act. yes. and the bus and you've got to give up on the family time because the business needs attention. which means i can't go to the soccer games and often it's a shame i love watching my son play soccer. even every few of our customers are aware of what's involved because it's difficult to convey, having to get up every night with our fail. let's come and know she asked me, did. you all can handle it as often crushed has limits. the planet has also reached its summits, just like our economic system did a while back already. a burning issue for this woman.

essentially my name's or rica harman, and i've written a book titled in the end of capitalism, my growth and climate protection are incompatible. and how we live in the future and even that gathering the business consultants. growing the economy is their professional duties. she's here as a guest speaker one time, and i'm an interesting day. you can't grow independently in the klein night world, just eat it's just not possible. thoughts on germany is currently behaving as though it could consume 3 planet. that's awesome. and as we're all aware of, there's only one or, well, i'm the ada capitalism is now the problem says, hammer and extreme times require radical solutions to get a handle on the climate crisis. our economic output must drink dramatically that essentially. so 45 and you have us to do, the question is what needs to strings here?

and what doesn't. to portions dancers clear on us, particularly energy intensive sectors that emit the most of the c o 2 must be scaled down by the plains, cars, the chemical and steel industries. but also the construction of new homes are all problematic and should be phased out on this. putting the mattresses on the assignment ended fabulous this debate as soon as it goes on to unfold and, and so i can use it for this real quick about the rest of the world would look at germany and say you've completely lost your mind to the emissions we generate overall or 2 percent of total global emission yourself models, so we can shut down the entire german economy overnight and deal with a social problems that will entail the 4 day week won't help much there. and then on the other hand, realize there hasn't been any progress on climate protection guns f 100 con my name is the names lawrenceville time professor for economic policy at the university of fryeburg, director of the vaults or oregon institute, and active and various advisory roles and economic policy making that even if we

discussed this at length for germany, essentially the conditions must be imposed worldwide. and i don't really see how that can happen on the street as well. plus the answer back in the early 19 seventy's scientists led by dennis metro's war. and that's something had to change on a global scale. their report for limits to growth commission by the club, the phone, outlined precise calculations of the impact of exponential growth on the planet. continuing a business as usual approach will lead to catastrophe it said 50 years later, the question is still the same. should our economy feel allowed to continue growing? it won't work, say, representatives of what's known as the de growth or post close to movement. the economy must drink, polluting energy sources should go. we should do without unnecessary luxury goods, energy and tons of sectors such as ation,

the automobile industry. our new construction should be phased out, allowing for the expansion of sector securing a sustainable future renewables, public transport, energy efficient renovation. guaranteeing jobs in the process. that should be the path we follow away from the religion of growth. but how do we get there? how do we voluntarily live with less we wanted to find out the one family. one experiment, the research call. yeah. that's the ending us try it for 2 weeks. the rules 5 regional products to limit imports

instead of energy costing online, streaming offline entertainment only as it is the offline entertainment. i think we should do that. i disagree. more bike instead of car the square up for that, aren't we? lots of yes. even when it's raining? yes. yeah. less living space. what could we do with that loss at my desk? i never use it. when could we said needed me to use the veranda. 7. from 1991 to 2021 alone. living space per capita in germany increased by 37 percent. for the next 2 weeks, the family won't use part of their house. they plan a holiday without fine. leave the car at home and cycle instead. for example, to the nearest supermarkets. so off they go, seasonal regional products, so make no imports. let's see what variety is on offer. that's comes of that comes

from from the, from belgium that, from holland, that's from australia. this device will pop up with me. well no, we can't get tabitha by the sea. i think look, that's regional. and what does it say on the packaging of the control? clint covered, smells cookies, do spilled cookies. we always have bats at my grandmas since 1921 on series. ok, here's enough for you. okay, we can take these bed from berlin and we have them back in the day. the lin, sugar mice show. we have some sam. yes. we could make a salad in a pumpkin suit and grilled fennel. uh cuz the sensor yes, that's good, but come with icons, the tomatoes with that home kind of we didn't get any tomatoes or cucumber from germany firms

as of that, it wasn't that easy to find things that didn't midwinter. what kind of vegetables can you buy? a pot from cabbage and pumpkin in court, and the pumpkin seedlings coming to an end. and in any case, you don't want to eat, not all the time this. and so that's the question of what you switch to a long spring today. it's pumpkin. so for dinner everything is checked, but not everyone's happy. and we can't just eat soup normally without some sort of issue tired. this food isn't local. the doing without is difficult, but is the radical approach. the only way forward do we really have to turn our economic model upside down in order to save the climate?

and on this mountain side it has been particularly to my name's more than the title and political editor of the frank photo algamite those on tech title and i right to the energy policy hunter. i thought you know, the german to be you could be forgiven for thinking that claimant protection and the economy are polar opposites, dependent assessed on fortunate deficiency because an actual fact a flourishing economy is ideal for effective climate protection commercial that costs money. after all, kate, a growing economy is essential for claimant protection. it's if we didn't have a pro spring economy because we were under what would happen to times revenues. i'm going to see it then. i reckon claim that protection would be the 1st thing to follow by the wayside to fate. environmental protection costs, money to. and titles view, restrict to economic growth as the wrong approach. should have already mucus, kinda the end of germany to be a role model for the world of everyone here is poor. going to write on bicycles and patched up fluids on we may well the claimant neutral newman is going to follow our example. because in the rest of the world, i think the people want to drive

a mercedes. perhaps that's what they find. so appealing a bit, the german model nice doesn't know that we're explain it neutral, but there weren't claimant neutral and still prosperous since making money and running clean businesses. green gross. that's possible. suspend him. he's to attend these rallies regularly when he was active on fridays for future. he made posters registered demonstrations and took to the streets. but now he's distance himself from the movement. as a point of you to call earlier, a speaker was seeing she can't hear the words wells and growth anymore who's starting, but that's what it was. they all do you because that doesn't fit with my assessment of the issue at home to people in my view prosperity create so much if you, yes, many countries would give anything for prosperity like this. and so to be honest, i find that very strange result today the most taking a side off the streets and onto the stock exchange. he now works as

a funded manager and investing and companies that are making a conscious effort to reduce their carbon emissions. yeah, and as soon as i see anyone's, i mean we're investing in companies that may not be green yet that are in the process of turning green, such as being developed and green is of course on abstract concepts and they're realizing their powers compliant claimant protection strategies. we're investing in these companies because it gives us influence on that process. and it's his philosophy effect change where the impact will be great. just the a, have been a huge number of goods are exported here from the federal republic of germany and did audit. and there's a lot of leverage there that's about 4 to 6 dash to reason that we can see much

more c o 2 here on an individual level in the he definitely doesn't envisage the end of capitalism. on the contrary, that gets out, this is the basis for human existence, and consequently, the economy must adapt to the altered condition. i just thought it must change. it's been about it because i firmly believe it will continue to grow and know my country much. what's going on? so next week, fine assignment protection and economic growth can be bedfellows because it will be essential for climate protection that carbon pricing incentivizes the technical progress was an innovation to fits to be in or, and technical progress is essential for economic growth to uh, switch off like a flourishing economy and a green transition from mila, and felt the 2 things complement one another. that's the idea behind green, gross. for almost 200 years, it's been show when

a country's economy grows. so does environmental pollution both green for us. this no longer applies, in fact, emissions, chip ball continued growth, but in the green zone, by way of new technologies, clean energy and market based ideas. a booming economy was decreasing c o 2 emissions the goal, not just with an industry, but also across the whole of the you. with the green deal, the european union aims to be the world's 1st climate neutral content by 2050 the auto focus groups, especially on metal parts for the automotive and aviation industry are manufactured here. for example, car wheel rims, an energy intensive industry that faces major challenges. this site alone consumes

as much energy as a town of 40000 inhabitants. never the less, the because the company, we're committed to the $1.00 degree target. what time will be that our goal is accordingly and drawn up a 20 year road, many 100 votes, and that means it's not a sprint, it's, it's a marathon and where you need to be a company eat along the route because i and provided with a condition just to make it possible, germany's climate and transformation funds was established to do just that. but then came the bombshell from castle and november 2023. the federal constitutional court declared unconstitutional to reallocate unused corona virus funding to the climate fund, jeopardizing its operations. with a knock on effect at a to folks, we assume that we're funding had been approved. it would stay that way. also black . so team is a huge shock. a month ago the projects are no longer financially viable and become best significant improvements. we'd hope for the site including carbon neutrality and are now unfortunately much more difficult to achieve. we had a complication,

vomiting, new climate friendly machines, suddenly had to be financed without the expected subsidies. another purchase was cancelled altogether, new funding opportunities, unavailable, economic minister hold that. how big and march 2024 are the best a drop in the ocean for the middle of processing industry. international competition is tough. is indigo of go with it, but it's not the job of politics to make our lives easy, but it's also not the job of politics to make our lives difficult if you're getting investment commitments in advance and these are honored and that's very frustrating . of course you will see we're all fully aware of the budget's current state data house, and now we're having to see what we can do to get ourselves out of this dilemma. dilemma where we're still expected to tackle this transformation filled with significantly less than one dixon. and that'll be a major challenge for the entire industry. also, china under cuts, price as abroad, and america heavily subsidized as its own economy in his view,

without much more generous subsidies in germany, a green economic miracle seems unlikely. but how do you get the sense that there is no concept mad? and also a sense that industry isn't wanted at all, evans and it will simply go away achieving the emissions reductions target that went through. and i'll have, i've taught others where look here and secured their subsidies before the constitutional cor turned off the top like just called the german steel long regarded as the backbone of the economy, the basis parts of turn, the pit to me of quality in the country had a clear path to becoming the world's leading exporter and to unimagined prosperity the but this success has come at

a price to hor, region as a case in point. afterall 2.5 percent of all harmful greenhouse gases in germany are emitted from to some corporate chimneys alone. globally, the steel industry is responsible for 8 percent of all the emissions now we're not waiting for anyone else to begin. we're starting ourselves. we in the state of north ryan west valia, are supporting this project to, to some clips with one of the largest funding decisions to the largest funding decision in the history of the federal republic of germany. pope to the tune of 2000000000 years. but not everyone's able to imagine the screen miracle fitness box. did you break it

down? i'd argue that green growth is macro economic, green washing washing and other words for him. growth remains problematic. my name is marcia smith, so i'm in economic historian and transformation researchers. i've long been focused on growth and alternatives to grow and some bucks to the ecological transformation won't succeed with further growth says tremendous people, the screen growth isn't a solution to the climate crisis. management site misses the mid seventies. at least it's been claim that economic growth can be the couple from environmental impacts, but that hasn't happened yet. and there is little evidence to suggest it'll take place to a sufficient extent also in the time that remains most and does have lives inside. here they're pondering different ways to do business. the university of transport the course transformation research then the in the interest of what

we're basically seeing most the promises were made regarding efficiency gains or a greeting process through technology, gains, shipping the don't go far enough. nice. all sky schmidt, it says that like almost all industrialized countries, germany would need another 220 years of the current rate to attain climate. and i try to take the the other this in this disputes which is one pit stop. we all know this is far too late and that by then economy is like germany's will have exceeded their c o 2 budget many times over. in principle, we can imagine that trying to v carbonized and growing economy is like trying to go down an escalator that's constantly going off. what types of india had come on and not let them get studies show that industrialized countries should

actually be cleaning up their act 10 times faster than they have been. critics believe this is impossible with even more growth, because generating sufficient green energy as possible. contraction is the only solution they say this is scott is disconnected. the talking fee fee that it's been calculated, how many wind turbines would be needed by chosen cooper loan with einstein. and that's just want to steal plans decision. so you want to be able to do that across the board for the entire economy. one of these, as far as i'm concerned, it's absolutely clear that it will come down to doing without entry to have with either that will be forced by the climate crisis. the board will be smart enough to do it in advance. liability for head support from the bottom was one that it has to be separated from the political debate. even individuals keen to make a personal cutbacks should definitely go ahead. and tyson, such a choice can only be applauded. most people got to and citizens wheels, great power here. i don't know. it's as if most people suddenly decide to eat less meat. how does anyone go to have an incredible impact on our carbon footprint or to

the of what else? or if people want to plan vacations with like flying funding and conducting dental this to me to my just warrant against turning it into a political program. and that's simply because that would start resistance and do that to failure once again. and the need to shut down and placed in our experiment continues living was less. is it possible? and would it be that bad the vacation without air travel? that's today's task for claudia and the reason they want to go to portugal. news, we need to get to villa, nova 2925 kilometers to mid. i'm going to 9 hours by car with public transport. casting it in, 12366 changes i had never get. it's not at all easy to find out how to get there and come to out the distance from dressed into paris and from paris to border. and

now we've got to get from bordo to madrid that should work through and it's like fulton in or not as of the i don't i so according to this, those genies that runs back to take at least 23 days. and then unless you can plan a 3 week holiday time, it's not was that i guess it's just, yeah. and you know, kinda, you know, the 3 days there and 3 days back a few times. if you've got to loads of time and you can be relaxed about it, and then i think it's a great way to travel, isn't i? but that's because i can only take 2 weeks holiday at a time. i can use this sort of trip isn't an option for me. translation size, and so it's not possible. oh, let's get me the living like this is really very satisfying. is it? i was i'll, cuz what you have to realize is that often individuals are trapped in work structures and that they don't have the option to save half the cheapest. i'm only

doing a 30 hour week now. i don't take a pay cut or i don't want my full salary. that'd be even better. of course the best . as soon as you come look at brockman, i'm he so c elegy, professor, my work is focused on happiness within shawn, also tired, glues, and also part of larger structures. and they can strain on and in mid life. in particular, you have a lot of obligations associated with your hands are often tightened on of to him big opponent. but at what point are we content? does wellbeing always require more and more of everything just and if it could be any go back to the flag or this is less growth, really? the question for is different growth perhaps the better idea top it's a question that's also been addressed in happiness research. we need an alternative gauge and actually sent to human, contentment, or happiness. a very good gauge because it's something that people can judge for themselves of school today. but what time con mosley?

i know, some of the owners are restaurant kink found their happiness for them. prosperity has a lot to do with feeling well. hey, good to see. i'm seeing that. yeah, yes, great the to find we're not gonna mess, but little to do with growth. in their past roles, there was rarely time to carefully select products directly from the farmer. defects model to keep growing. next, minimize the question of size more stores, more restaurants, more acceptance or internally invited. how can we improve what we do in our communication, social, and moral responsibility for the customer where we are in the sector? it'd be difficult to run another 10 businesses in the same way. and some of the, or the manager, the finishes group isn't any case. quite different than the socially accepted norm

of the business. so if i can ask myself, i guess what am i actually doing here? and why am i doing this? a told bookcase. me a bed in the morning and then to bed at night. that's the point that if i'm making progress there, then i'd say that for me to pass more meaningful than a growth is surely monetary. i'm going to taylor next to most of these a good time and we'll solve. we also have to break the thought patterns. we've been taught on this and we haven't yet learned to say that we define prosperity, which different ways model, unless definitive. and they took a leap of space contrary to broad economic theory, which focuses on one clear goal, gross, or after ross, the economy has a benchmark, the gross domestic product. i figure that packs a punch, it measures the sum of all goods and services produced and then economy. but the gdp doesn't register the usefulness for sustainability of

a service. no matter whether i buy an s u v or so hadnot and sweaters. the main thing is, money is moved on a 100000 square kilometer island and the cold north atlantic. they've devised a new economic formula for themselves, wellbeing and quality of life. instead of a blind facing growth, it was their response to crisis. 2008, the international financial crash rocks. the nation. iceland, financial sector was in ruins. the the countries 3 major banks went fast within a week. the nation's currency plummeted. the thousands of icelanders were drowning in debt and lost their homes. thousands lost

their jobs. the result, protest outside parliament and a call for new elections at the time for sig 1st and was head of a large insurance company and a top earner. but he too was caught up in the financial crash. i think in many ways it was uh, of course a crisis for me as well. so i have to, i would like to re live that period again. uh, but at least what i, what i found out this, that we need to continue and need to look back to some of the ideas that i had and figured out what the could be, where i could really have uh, a stand. so it was uh, a time of sort of like, uh, uh, a receipt going my, my, uh, my existence, in many ways, 6,

your son found the ocean cluster in 2011, bringing together tech companies and the fisheries industry. the idea to use as much of the fish as possible good for value creation. the environment in the wake of the crisis. iceland has re organized itself and we defined its perception of economic success. for example, more attention is now being paid to health and environmental factors of click for darcia used to manage a large company. now she runs a small store. thank goodness she says, i can keep it balance and just any way i like because as it's much in smaller business, i control it's much issue. it's much less pressure, much less stress. she's lost nothing through her decisions but

gain a great deal for example, time and the willingness to use it. i love being and the nature you get more complex to, to the earth. so to the ground, being close to nature and the horses as they say in iceland, quality of life is also part of prosperity. not just money. just like clean air and social cohesion. we are all so rather closely connected with our families and with friends with small nation people know people and the yeah, i think that's one part of it. this the closeness of people between people, the and 2019 the well being economy was introduced as a basic political program. in iceland,

the nation hasn't turned its back on economic growth altogether. but now whether something has a price tag isn't all that matters. the the wellbeing economy focuses on other issues. just economic growth, which says, well, most nations are focusing on and the un collect states afford. but with a growing economy that doesn't mean the miles of nature or people have any sort of well being. my name is christine mom. i like most of this. i'm a professor in the department of growth sciences at the university of ice storm. she played a key role in iceland is economic policy shift. it's important to

think about the economy in a different way. an economy which is for people employment and not just for bookkeeping to, to show that you're actually using more and more resources selling more and more stuff and people collecting what they actually don't really need. 139 indicators have since served as a political basis, guiding decisions on the use of public funds. so all investments need to be shifted to, to be good for, for people on planet and the, there's a very important so basically that will be calling me thinking is about re purpose and the call and let me the doing business.

but differently. price alone doesn't make us happy. that's the idea. perhaps a model for germany to germany has one of the most important economies in the world . this is both an opportunity and a challenge and the battle against climate collapse. as a society, we must do something each and every one of us can do something. endless. life is certainly changed, at least for the duration of our experiment. this taking last is school by bike. i think that is true. yes, exactly. we can keep doing that. i'm on the launch rough condition, special action, i already know the landscape because we always take the same route by car. and so it's been, it's just a bit boring to sit in the car all the time and look at boring scenery long by the elantra funds from. you guys have some type of skills that come i use of media and

available online media, media, and sports, and it makes you realize that these days are in need to be online or is this one i can manage every day life with hoping online whether it's for school or just for fun, but i thought to in the long run, so it doesn't work for me. so i'll get dismissed for 2 weeks. the little bit skis have tried going without and voluntarily set themselves limitations. as for me so. so okay. i think it's okay, i'd be happy to shop more at the organic store, and in any case, i'm the kind of person who likes to have more time for things. but in my view, the issue here is you just can't make the time of us as a safe. and in general, i think it's really nice to have a but time to mom's shift foster paste life. and from that to that, to them up from that not done of that certainly possible by calm done was much more and then the food has to be coped quickly. it has to happen fast and it's supposed

to be honest. and i don't know how that would work in our everyday life. realistic is that the results of the experiment? it's doable. parking. and it's just a bit tricky with the offline entertainment's yeah. but i managed it to us by 2 days. think something, at least the more or less the definitive question for the future, the prosperity was out. those are only with gross and can get to start centrally. it's about differentiating between useful growth and less useful growth. and having a social debate about that to have been b as if we don't manage to build a claimant neutral system in which we can grow economically and then the planet is

doomed. being a longer term growth makes it easier to mitigate the distribution conflicts that can arise into society and to get the take grows, it's easier to share and then if it remains the same size like bicycle was lived in a worst case scenario where we're giving up about 50 percent of our economic output, we'd still be as rich as the west. germans were in 1978. and as anyone around at the time will tell you, we were just as happy then as we are now. and it was a good life to sleep. i'm still keeping the whole box. we will turn around and put this on the best of pos, of the

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