for 1000 cubic meters slip, but i'm looking for industrial plant prices, 64 that the ring to should be, but it's not 1200 like in europe or the spot market or a booklet me can the economy works in the steady manner without any failure, sir? you told him what was wrong with by the years, and we can see a records she to be growth. we do have her own issues, but that's what it says, the rights environments and the ride grounds. so to plan, to grow in his steady way was like any of those who take eastern europe or western europe a little crash the mrs. every month because limited them really shows the 30 tariffs are increasing grain. you take ukraine, the same thing, a garage and use the problem was solution do you? i think that they will pay about $200.00 per 1000 cubic meters, while their average income per capita is 230 just wasn't there because get the

cookies. so consumers will hardly be able to pay for it. so there is a mismatch. and something will crumble the the unit and was the sum of the regions contract refused to sign contract, sir, in order to buy energy because they can't afford it. where it's a yeast limit. william is valencia on up a credit, so we need to have balance solutions, missouri, otherwise it will multiply issues and not to to is to address those issues that balanced approach. are you satisfied with the level of government and support that you've seen in the u. k. specifically, off the back of the energy crisis. forest johnson went on vacation. is the u. k. government doing an do you government is doing what it can? i think we spoke about this earlier, and the situation here that we're facing in europe and in the united kingdom is not

just you keisha. it's not just a european issue. this is a global issue. this is not an issue that came up overnight. this is as a result of the things that we have been talking about today and it is a market at work. but this is a market that is, had a confluence of events coming together and without that redundancy in the system and that's redundancy globally. then i think you find the situation that we have here today in europe and indeed in the u. k. so everybody is doing their best to respond ourselves included. but the reality is that this is not a crisis that is home grown. this is the result of a global situation and i go back to my earlier comments around investment requires investment into a number of things which will include long term contracts, investment into storage. i think you'll see more of that going forward. investment i think into natural gas, which has to be a part of the energy future is

a great form of stabilization and redundancy and investment into diversification. so there will undoubtedly be lessons to be learned on the back of this. and that's what we will see. i have no doubt in the coming weeks and months actually guarantee if i could ask you that the same question is and because obviously we talk about the long term investments. we're talking about billions of dollars over several years. this isn't something that gets done in the short term. we know we need that investment the i said that now as well. when you think about that with regards to the united states, specifically how difficult is it for you to forward plan when you have to worry about one change from one administration to another, which in the case of the trump versus biding team has been a drastically different approach to climate change you're absolutely right handling that, that does make the more challenging environment to plan. and i think though you think about our industry and the time cycles that we all have to manage to they

extend well beyond in the single administration. and so i think our company along with many others in the industry focused on where the foundational drivers of how the economy is going to develop what's going to be required in the energy transition. what technology breakthroughs are going to be needed? what does investment for what are the practical investment profiles? and of course, we try to work with every administration that comes and into power about policies, looking at policies that help them achieve those objectives to meet the demands of society for lower missions, energy systems, watch the same time providing that more affordable energy and the energy that's available and reliable, and so it's you said many times you're on the pallets, it's how you strike that balance, how you effectively strike that balance and will have to continue to invest in the traditional sources and do that in a way that meets the needs of society while they work their way to this transition,

while they try to strike that balance for us as a company, as we think about that, focusing and investing in what we think are the lower cost supply sources. and so as demand changes and making sure that you're the low cost supplier in that market, i think bring some stability to the business. and then obviously working with a lot of partners, not just the government and private sectors. universities think thanks in terms of understanding exactly how will this transition manifest itself with time. because as we've talked about today, it is a complex system. it's a large system and we're trying to make rapid changes in that system. and i think the real challenge here is how do you do that in a thoughtful way that doesn't penalize societies and achieve the objectives that we're searching for. so we're very thoughtful, as we're thinking about where to alec air capital,

putting money into technology to try to advance those technology that will achieve lower missions at a lower cost of that week. so society can afford to put those in and investing and low cost supply to continue to meet the needs of society. while we're working through this very challenging and complex problem. hello, when you think about what's going to happen next within not just mercedes benz daimler as a whole, we've seen the w warning that there could be as many as 30000 jobs at risk as a result of the energy crisis that we can you give us an idea if we could see something similar happening within your group of companies, and at the same point, are you on track to electrify the fleet as promised by 2039? the industrial footprint, our company will change an effect of this change over for combustion based technologies to electric vehicles. so yes, over a longer period of time, there will be less jobs in that particular part of the business. but other sides of

the business are growing significantly. we're investing into new technology is the whole topic of high power computing and software architectures and vehicles is becoming more and more important. so at the same time us, we will gradually rebuild our industrial footprint. we're growing in terms of jobs, high quality jobs in other areas. so i think that can be managed that transition. and with regard to our path towards 2039. absolutely. i think we can do that. in fact, we're even upping the pace and we made a decision that all new vehicle architectures from the 2025 forward will be designed from the ground up us electric only over a longer period of time. you have already kind of put a time clock on, on how that transition is going to happen. and the ultimate commitment of the company is allocating their capital and the energy resources or engineering resources rather towards the new technology. so yes, it's happening patrick, i want to ask you specifically about the arctic and when you think about this with

regards to the mounting, palmer, fos, and, and climate activism in terms of shareholders. in terms of the board, there's a growing corsica, caffeine, when it comes to e. s g, when it comes to holding oil and gas companies accountable for where they invest and how they invest. how difficult does it make your job when russia is labeled and bad actor by so many and in the west a, my answer is to 1st other strong dialogue we've or visa the board. and i think your best sense of, as we would be to invite them to visit to plants that we have been together. we've no vatike in russian artic. i can ensure you that of course, we apply as a global company is the same standards in terms of protection of the environment, internal safety for people. it's turn a sample of sustainability in or the countries are on the planet. and in

particular, looking to the arctic, we took some commitments onto the analyses, which is what we are not producing any order in reacting because that might be in case of spill some clear damages. but producing gas in the arctic. it does not weigh this type of issues and on the biodiversity city case, we have been very transparent. we recently published oral studies, but we've gone for the arctic 2 projects together. weaver or partners. and we are apply easy. i your standouts in terms of protection of by 11 cities and also taking care of local communities. i would say it's one of the best examples. so maybe i saw too much in motion to the in the way we looked as a planet. the question is in fact to, to rank to the various priorities of good bio diversity is important, like i mentioned is key for future and we must c a c. consider them, but it does look men that we'll do. we'll insert was issued by extrusion. by

betting, no, as we said, doing this panel. i think so, weldon, it's more energy. so the question of course, is to be a boar, and this is the mission of a company like the talent as is like b p like exxon mobil. i or the companies in the energy fill to be able to produces energy in the best turned out to the sustainability. and this is a commitment. and i can tell you, we apply that in russia by the way, when we have some external financing coming from export credit agencies from western countries. these of you, i, yes, yes, stand out, our records are required by these financial institutions and we apply them. so again, i think that is, it's important not to mix, i think, or the topics, and the to look on the fox to look on the grounds away. we manage visa developments. and again, this is

a clear commitment minimizing the impact. and again, we have been going further with inter analyses, as we said, for thought or new. and in feed projects, we will look to have a net positive gain on biodiversity. and we do not estimate what ourselves that we do, but we've experts. so again, i think this transition, as we said the with the panel is a huge task. she's willing to chairs a wool and as your system will not appear like that and who were transition is important. so it's not but antagonizing energies antagonizing people. but we'll build and we will need to make this transition a success. it's only if everybody like there in such as is, is, are and sits are on the table and not with emotion, not by saying you are right away, is black and white. no, let's look to the fox and then let's see the way that we can improve. i, we assistant at the, we don't say that we are perfect. we just say, but it's

a continuous improvement. we learn from experts we love or we learn from and yours . and we are willing to take their advice on both, providing it's not a matter of just saying it's an extrusion, but will not be a we will not build a planetary with such a positioning. and you said, you're not sure yet whether you are 1026. but i want to get a sense from you of how you see the structure for climate change in terms of policy. should this be an a un of climate in terms of all of these nations coming together and setting global policies? should this be done at the regional level? how should just look in the future in your view? roberts, cham kia michener on the probably in can you ask used to it to police as the legal mechanisms who have faculty of discuss if you can create them on us know switch to

the so 1st the attempts of oil and extraction and co work on international markets really have constructive relations with high country spoken like in the mechanisms class, it is really efficiency what it was to the benefit of the industry and the whole global energy system and about 2 o'clock to have other mechanisms like this and went away and reach the pre crisis level of extra shampoo, we can continue work on the green agenda returning your technology or we'll talk about modeling technologies of extraction and use of carbon safety code or, or we'll talk about transition tony with hydrogen and or do you believe sources and also have a firm,

community of producers and to work in this direction. sure. you want them to push up even in you, and you can use those on the environmental meetings. these should be one of the topic for discussion that number one, not only because you missed that these are we doing, but because when we talk about what we need to do to develop green energy, what kind of look we simply when you tell us. but when, when a pretty my uses the motive producers are forced to switch to electric cars. this is good. actually going to be shuttled bills, the one of the biggest pollutants and everybody and you know,

these are the source. what is the source you've only got to get from the greenery? 333 percent of the 5 percent of energy production that you school. and this is where the most mission, scott, my billing number is. you can grade all the moment. i'm about one. you can use it, want to reduce. mischa you and gasoline is another another accountability. how do we hold these various governments accountable in terms of accountability? you said china fulfills their commitment. you said you're on track to fulfill yours . how do we hold various governments accountable? because that's what people want

just to those and the children should be accountable with human human standards. and when we create unified heavy standards, siegler to which only achieve the lender decision, a fair as a bush in the fuel age. the all these me yet, the only way to forget because my wishes for environment isn't something you speculatively develop the concluded emotion. if it's not to get a competitive advantage with them, it can create a platform and creating a transparent approaches decision making that we didn't lose. and then we move in the right direction of causation use in terms of environmental agenda and we'll just atlantic and to, if you can create such a platform,

we'll have balances, like within the years today, which came with the climate change. what benefit from the uneven climate change policy, whether it be in europe or the united states, given the west lesson leverage in these kinds of conversations, particularly when it comes to opec put plus decisions. no. talk to mrs. just the medium solution. you able to say? no to in the europe in you know, in carbon taxes, race question addition to putting it there was a 3rd on your decisions, your last row with the computer, anybody if competition to to see just there was out want different from what we see today. committee comes to your school and to when

usually we americans left europe in markets all the way you supply by half a 1000000 could be speaking at the cost of they supplied force in $1000000000.00 with less than the nation. and if we have inadequate solutions, when they say i get a complete new interest, what i see russia have advantages. what will with that know city? because we have a lot of the nation when we come to the conclusion. but the natural advantages and you just have to take it and get them if i need to. but you've had the mechanism system concluded, and pretty much, you know, because i'm going to events just to have fair dial compared to this because i

didn't, i can't help that since a bit of animosity when it comes to your european partners. what could europe do to fix that situation? no one else knew, it was nickel, and we don't have any animosity. let him go, could discourse you if you want, but he would just witnessing nickerson with a debate sang into its social pre filed commerce in as i, europe amply demonstrates into ty got to warn him that he is with me the late and the police. what we're seeing in the european gas market is the global jeff. the results of they are short sighted approach, which can just help them to avoid such out counts. what's more we need is fair and straightforward dialogue, especially with the order we we were we made with our european count parson on

a regular basis that we're still in the knowledge of the progression. little of he is no, but i think there is understanding of what needs to do to have this transparent and dialogue. let's see. and wait. what happens in practice have a trust deficit with russia. and it's not just because of this current crisis in the gas market, it's also, of course, the massing of 80800000 russian troops on the for any and border at what point do you believe that you will solve these issues with your european partners because it requires dialogue. would you be willing to talk to native directly? no moon, nobody will. yes. oh, sure. so we all ready to engage with nato directly. not sure her sold to on, you know who it last for our soldiers. they are on russian territory, and these were the addition to what you difficult west 2021, drill c to these are exercises held on our in territory. and while our account

parts, the u. s. does hold the same large scale events, but thousands away from their usual territory though. oh, but washington really put new york. we have not. i need for you who sent our troops to washington. not sure i need to hold exercises there. they came to our borders now there exercises rights yield under our right near a borders. we hold the exercises, so i to, to was on our soul. and don't want to report to any one of our partners. terribly distinct, have disrupted and destroyed all the confidence building measures in europe was told that they've pushed the car to the east. as i mentioned earlier, that also applies to the couple of imbalances in the baltics shoot of the, you know, one issue and said they are trib sir q a. no, sir, he's the registered sir now, but in any way i go with what we have not with withdrawn from the i math treaty was

not asked who withdrew in your book from the openness guys treaty or from the abm treaty deal. it's not our streaming because keep, that's the u. s. over that initiated the collapse of the building on those agreements. but they seem to blame us and the media yellow ad prov. proportion in the inches of those in the say the core. yeah. which normally meaning you brief with nothing new york is happening in this world, but we'll continue to do what we believe is proper. we'll continue to protect our interests and secretaries provide for our security on the hypersonic. north of that marks korean guided new to the moment of no, it's 3 mom her or not. 3 that says what's been we should was designed in the us yet . we have not 20 years ago, and it's not just a hypersonic. these are inter continental sailors,

which are far more powerful weapons, and it's currently been commissioned and put into operation in russia. other countries are different, which resigning similar systems to meet the keys, no surprise. high tech here show very well equipped her army. so we'll have a new server there is so near that we do have those listings and alteration for the 1st time and was traitors. we're very kind of overcome our direct competitors in this particular case is the u. s. so we always superior to the u. s. in terms of high tech recruitment or we're not at the exploiting this, we don't want to get in vantage for it. we don't threaten anyone. we key t want to have direct dialogue her with her in limiting and really not using our strategic wellness unless you would you to and we're ready to take this. another with her counselor didn't go. she said that, so i see stop ramping up this area. let's stop this, blah, blah, blah,

just sit down and, and get she to table and start any gauging in substantive negotiation. no more. we see that this current versus a covenant station is moving in this area and falling our and that started with the president biden in geneva, a luminous crushed with her version. you know much officially in the alarms, raising the starters the go after the us withdrew from the abm treaty. she would you treat him get do back into and the 3 lights held at mar counterparts yet, please don't do it. so just a little out of the abm treaty, i mean, that's a fundamental framework. i mean, that's a cornerstone of international security. please don't do it. what is a b m the sheet? it's not just senior defend coupled she, it's an attempt to just keep to get a teaching advantage here. oh yes,

only put on. so here i have no particular disrupting young, undermining the nuclear arsenal of your adversary of our nuclear stockpile. what do we have to do? we need to either create the se system, but it's going to leave extremely expensive and we don't really know whether it's self efficient or by coming up with a new different system that will over comes along with is definitively the missile defense. and i said we're going to do it and, and are you as counterparts said, our missile defense is not against you, you can do whatever you want where it is dealing. well, we've done it. okay, we've come up with the system. how can you complain about it? now they say, go, come on, you have the cyber weapon, we don't really like it, but at least come on. we didn't use, i'm not sure. it's not ask you started it. we didn't like it when you pulled out of the abm treaty status ball. we can factor aging and we're ready to engage in

constructive dialogue. can this issue present didn't before i let you go, i just wanna ask you to walk us through what's happening in russia today because at the end of the day, you do have a problem because you have real incomes that have fallen for 5 at the last 7 years, the average russian has 11 percent less to spend in terms of their buying power than they did in 2013. and you've got a declining kit population. also of course, 10 percent of your g d, p as native of what is extracted from the arctic and of course the permafrost is melting. and you do have some serious economic issues and challenges. you also have the structural issues to the economy related to oil and gas to petros that you talked about. so many times in the past ronald reagan said that frieda this posterity freedom is prosperity. when you think about that with regards to modern democracy in russia, in the past,

you made comments to the effect that russia wasn't ready for full democracy. where are we today? in european, in russia, if you're a new permanent for sure, i see, and you get a inquiry colla when i have a say that rushes not ready for a full democracy, probably it depends on definition of the democracies about what freedom of religion, freedom of speech, freedom of assembly, the freedom of whatever the massive ends in the streets. take the u. s. or europe is a crack down issue. honestly, middlebury at a school machine is in protests. it was losing tear gas, and rubber bullets is that freedom. lucinda relishes. with her eyes you him because he's sad, it snow, let it so a body you my career and you knew more would freedom and democracy will dory. it also, you know, in that old what's the link that we as the,

to the traditions of other people and culture of other people that i think the u. s . when to have dentist on his duty and they ignored the traditions and culture of the canister. what is the outcome? it's very tragic was that you read is mcallister, and that is the only chance that terry's mom for any reason. but your eyes was the russell and the spread of terrorism. but she couldn't be lima, horrible the alien. that's because they didn't take into account the realities on the ground listed on the planet applies to any other country including russia with you. i see with only it's greg is he asked for a democracy in russia. we just need to think back to its culture and history. the history of parliamentary reason, but what we have had a colon and for more than 100 years, we now have new parliaments in new faction. it was the 1st time and there's no talent, just like an energy. everything needs to develop when a phase gradual way without any surgery or spike. so there's venting negative.

we're going to do the with a motion easily. it needs to benefits. this is the of interest of the people that, that, and rushes view of it, the system is developing in a steady. sure way to avoid any revolution. we've had enough revolutions, numbers must. they be less acc when the abs on of burger and you, we exhausted our quota. we need a safe environment that will guarantee that the rights of the people and stable economic growth. that's our path. now, hope they will continue living along this path. any concerns that democracy in russia is dead? will good law marcio we stated that mark twain was said, or what witness. lucy was mute you in response to the rumors cbs on his death. don't worry about us. think about what's happening on your side with parliamentary, isn't in euro pacific, facing out of issues, certainly not. take a look at the traditional parliamentary carnival, clement train countries, school and what is what, how is power shape there?

there's how much like a de la corruption is there. what about law, these mean the u. s. what is la basin? i said suddenly, light official, lobby's me in the us. what is it? what is it? it's legalized corruption. by yet it's clear to everyone, but everyone keep silent. what is it being direct, sir? go to ripley with collection of the president in the u. s. military threes and series, looking for the free times in the u. s. history proposal. i mean sugar. leastways, the right to the u. s. president self becomes the person who him has lower votes than he's competitor than his rival let. and he's like not really even referring to other issues. do we have issues too? yes, sure. the to people they come in there when us use problem might even have more issues that can we do have issues in our economy just like around the world. who do the silly household income is down 3 is when we very much concerned about it was through him. so we were able to take him over to when we try to make sure that.