as a living sea to europe of trees, gulf jenny reset on the w whether it's bass gets themselves sued on or goals and india sometimes sports are more than just the game. the saudi arabia has points to reach carpet neutrality by 2016. so why is it still investing in oil and windmill supplies of the fossil fuel run out of the, in 1956, a g o scientist for a show. and professor at stanford project is the global oil production 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 with 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 it 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 like the fossil fuel electric vehicles for nearly unheard of, to an end of our oil supplies seems like i just central crisis for the planning. the going awareness of climate change renewables of taking us and the amount of

them in the 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 vehicles sold globally in 2022 or electric compared to just 5 percent in 2020. even the united states and 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 case has been growing rapidly, an entrenched trends to net dot from both the field in 2023 bar it see to make cos . i'm used to work for the key and our research as how markets align with kind of policy categories. that's why one not much would move without fossil fuels. in oil, in particular, the future of renewables is looking brighter and brighter, and that is made the engine oil takes on a whole new meaning. to say about 15 to 20 years back, there was a concern that the supply is going to be run onto the wire to aria as an engineer

and standard and poors chief energy strategist. now the service advisor for which is that really hit their key corner flats or demand. this is a really huge shipped and october 2023. the international energy agency published a report predicting the end of oil and other fossil fuels. only this time, the end of the peak in demand, not supply, and it's 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 their report because less demand for the same amount of supply to mean falling 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 for that it would become much harder to justify new fossil fuel projects. because our supply of fossil fuels is doing great. the oil and i'm probably not the best of the kind

of disaster you ever was 4 years old. i am. and that doesn't even count on the new plan projects. this is mostly thanks to a newest technology called hydraulic fracturing your factors. tracking is a process and involves injecting a slushy of water and chemicals into rock, creating tons of tiny cracks. this allows oil and gas to escape and be collected at the surface. the waste water is then often injected deep underground, 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, states savvy, or area, or around you, or he or corvettes. and i'm actually right now because of servers or supply in the market, they are producing not less than what they can produce. so on the one hand, we might have an oversupply 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 until tile. energies are also bedding on

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 energies, stated it was full cost to 25 percent of its carfax to 2022 and renewables in an extra team. but when you look at what that includes, it also includes some kind of gas finance talent. they may seem like they're shifting towards renewables, put, they're actually still banking on a fossil fuel future of the business operations on changing particularly, or the pace made it so says it will 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 enough and saudi around color, also bedding 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

ready for truly in financial times it might become stranded assets. something that was invested in that became obsolete for some countries to, to 40 percent of into our fiscal budget could be at risk as the foundation on phones or an old price is full that can have a massive impact on the economies. these countries increase the living sounded to those in these countries, and that impact that also has 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 oil, it seems like investing and renewables at the smart financial decisions. they're cheaper and there's less risk of new projects becoming strange and unprofitable in the future. so all of that is a 100 pounds, but more 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 in solar are running and widespread. nuclear isn't likely

to come on line and time transport and energy storage also need to improve for us to be able to quit them entirely. but the more investment goes in, some 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 our oil supply, we should be worried about pumping too much of it. with falling demands in a world shifting to renewables. it's not a smart decision either financially or for our life on this planet. the, the, the world's largest oil exporter saudi arabia. the kingdom is looking to massively expand its green energy production to help diversified economy and reduce dependency on oil. it could be a huge step in the world's quest to hold climate change. boston is saudi arabia, really quitting oil,

the this a co city items to be completely carbon neutral needs. and that famous the line wants to house 9000000 people in a 170 kilometer long strip of sky scrapers towering 500 meters above sea level. and that's just one small part of a much bigger plan. cold neil. no roads, no cost 0 emissions and run completely on renewable energy. this is the glitzy face of saudi arabia's vision 2030 and ambitious roadmap to move the world's largest oil pal away from fossil fuels. the world needs me because the world needs 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,

a remco ramco is now 98 percent savvy, owned 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 oil. but why the a? so i the real i mr. definitely can help you sir. the little so here the sleep. so you have a, she is a team to set to 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,

politics international organizations, lee, i am after world bank, etc, 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 changes for you to the better place. and we found this, we have to do something nonsense and you have to do it. but here's the thing,

irrespective of this green vision, saudi arabia isn't exactly putting a cost, quit fossil fuels. it's quite the opposite. it's still plans to pump out as much oil as is humanly possible. and phillips cough as to the brand, in fact, and saudi arabia also wants to increase natural gas production by 50 percent. and it's actively searching for new markets to explore its possible fields. 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 britton's channels. full recently found that the saudis was aiming to artificially praise oil demand in developing african nations for cheap cause supersonic commercial aviation and floating power plants at

the club, $28.00 world climate conference. saudi arabia claimed that carbon emissions from fossil fuels on not a problem if they can be recycled all store. it argues 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 sites. amelia destruction by fossil fuel producing nations and will finally investment away from annual energy karim l . g. and the estimates that the tech, if it works, it will be available at scale and to potentially 2040. i think 2040 is too far. we don't have enough time accepted. i'm going to have a general state approach that we shouldn't be weighted to one technology and in an hour drive towards the colonization, but to depend on the technology that isn't available until 2040 at scale is

a great risk. so while saudi arabia matches on into its brave new brain energy, well, that's still looking to convince developing countries to take the oil and persuade the world's leaders that managing common is the solution to the climate process. so far, the plan is on track around code predicts boyle demand will actually increase to $105000000.00 barrels per day in 2025. a role that talk about flooding, climate change in building a better world in 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 sadie arabia. and if the kingdom pulls it off, it could be in a more powerful and lucrative position than ever the full

the so when saw, so don won 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 this 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 his 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 his big dream is to become a basketball player. and so he runs for 2 hours in

flip flops from the suburb where he lives to one of south students, few sports grounds in the capital, juba. you come to mind your dad. don't mind your dad, the body will accept. did you at that? or did you tell me on mine i'm no doubt, but nobody would know to complain. so it just you off to keep on like working with them and tell it to. so there's a high level of ability among the players here and how king my you'll, the faces of a 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. dang, b. r. dang,

runs the training. he used to play himself in the us. it was only in 2011 after self to dan game 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 troubles. juba, the capital city has high levels of poverty and crime. the parents of most of these kids are in 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? meaning that the center can also provide lunch after 3 hours of training hakim and as friends are very hungry,

then it's time to relax on the games console. featuring the fee for teams from the american n. b, a, the world's top basketball, the for many years basketball, maybe the only way out of south sudan. i dream is to play and, and get a play to navigate. now play those guys on my heels cause like they, when they went out last the present at home, played with the south through the national team, competed in the 2023 female world cup. and there's also qualified for the 2024 olympics to 1st for the country. the team is revered in a way it's president, can only dream of the south. suzanne has just one basketball stadium and with a local tournament going on,

the only national player 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 do i having a lot of disagreement among us uh, 4 digit code we for among over 72000 searching and stupid divided. so we were trying to look on something that's going united looking for a 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 saved, but now it's opportunity. we have, we've been given this opportunity to, you know,

to say the narrative to give the people different story. i mean thing, it's a big responsibility plus a coach bars determined to be named baset over south sudan representing his country well in the outside world. after a long day of training hakim, i owe less days to watch the games, and to learn some tactics. south sudan has a lot of young challenge, like in the average age. here is 16. the next day is sunday. a day off. hakim spends a few hours at home. he makes, with 28 relatives, siblings, cousins, uncles, aunts, 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.

remember, kim came to me and told me that 5 by one to be put on a flare basketball player. and i was upset in mind of was absent minded to him because according to the recording of this country, i cannot afford him to play for the musket buying new sneakers is out of the question. as they're much too expensive. jack, my oh, that we'd like his son to continue his 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

gates hot and dry. but these kids don't care they are 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, to 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 and play a much and based 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,

a big international names. ronaldo, missy your lot in about the value of to the young k as hope that sucka will offer them away out of poverty. this boat is already what one small miracle here around 20 years ago. bishop who was notorious for the alcohol brute, 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 what and encourage them, and so that 1st just a few kids began training,

but more of them all have joined their now 14 coaches who also train players in the surrounding villages. the region has become known as many brazil, 45 talented play as he has made it into the national lead. moved him from any other region in india. that's helped get sponsors on board. in the beginning, coach res. com put half his salary to will supporting the children. i just have them just sort of post them in. 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 soccer big, so t shirts for children, but right them from each other who is just thinking of what you're going to get there. we had few results says that we always sold the talented program because of the talents 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 and read does his homework in between the training sessions. his parents are happy that conditions here 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 cut off in the past. grandpa types used to drink alcohol to their long grow around and that kid sits delsey playing so cause that's distracted them from drinking low. now everyone goes out and place okay. including the goals they have is crazy about sucka as the boys. i'm brimming with self confidence, like 16 year old stuff now. as the last may i see on the wind, not less than the boys, it all depends on training. if we train more,

we better if we train less where we cutting the daughters to be to me was that then you have to decide whether you want to be heads behind me. janet at the apple place you on a to and that, that 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 your dream for those that that's what 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 sport is important, but if she and systems i will have to do it is then look on it. then. here in many brazil, people have managed to build a life free of alcohol. but breaking away from traditional agenda roles may prove a tough a challenge. the

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