Page 18 - 369 Billion News Today

with me, tanya beckett. lets take a look first at whats on the show. the great shift west — global supply chains are on the move. does it matter where our stuff is made? trade tensions between the united states and china. the after effects of the pandemic and inflation are causing many companies to rethink where they do their manufacturing. im going to be discussing all of this with these two guests. this top trade expert whose firm helps some of the worlds largest companies work out...

at whats on the show. the great shift west — global supply chains are on the move. does it matter where our stuff is made? trade tensions between the united states and china. the after effects of the pandemic and inflation are causing many companies to rethink where they do their manufacturing. im going to be discussing all of this with these two guests. this top trade expert whose firm helps some of the worlds largest companies work outjust how to navigate the challenges of 21st cen...

exchange tells aaron about the challenges of thriving in a post—brexit world amid global competition. wherever yourejoining me from around the world, once again, a big hello and a warm welcome to the show. does it matter where the stuff we all buy is made? from electronics to cars and furniture, it seems like a growing amount of manufacturing is moving west. geopolitical tensions, the fallout from the coronavirus, pandemic, and financial incentives have made many of the worlds bigges...

I began by asking him if he was happy with the governments response. well, i would say i wouldnt think of it as my review. the review listen to well over 2500 individuals, companies and businesses and the recommendations i may wear them telling me what needed to happen in order to see the real economic opportunity that net zero can provide the country. we are in a net zero race, we have seen the us introduce $369 billion in investment introduce $369 billion in investment in green technologies an...

To get on track for net zero, but if you take the us $369 billion committed under the inflation reduction act, alongside a couple of other pieces of legislation with money attached, may be as much as $500 billion, that is an absolute step change in investment. it will help put the us a lot closer to getting on track for its current emissions targets, and also will leverage considerably more investment. someone else reckons that 500 billion could leverage something like 1.2 trillion in private in...

Compare that to the $141 billion in the us, it is also way ahead of germany, france and the uk. so can these subsidies really make a difference to climate change and what impact do massive subsidies in one part of the world have elsewhere? lets talk to gareth redman king from the london based energy and climate intelligence unit. gareth, good to have you on the show this week. we are talking about some big numbers. the question is, are they big enough numbers to tackle the climate crisis? they a...

To boost the green economy. it has announced plans for massive subsidies for green tech to match the near $400 billion already committed by us presidentjoe biden in his signature inflation reduction act. in washington, dc, the issue topped the agenda at the meeting between the eu president and president biden taking precedence even over the war in ukraine. the first topic we discussed is information reduction act and, indeed, we welcome the inflation reduction act because it is a massive investm...

In 2022 alone, more than half a trillion dollars was invested in the sector in china. compare that to the mi billion in the us, it is also way ahead of germany, france and the uk. so can these subsidies really make a difference to climate change and what impact a massive subsidies in one part of the world have elsewhere? lets talk to gareth redman king from the london based energy and climate intelligence unit. gareth, good to have you on the show this week. we are talking about some big numbers...

Precedence even over the war in ukraine. the first topic we discussed is the inflation reduction act and, indeed, we welcome the inflation reduction act because it is a massive investment in the green transition, moving towards a net zero economy. it is mirrored by the green deal industrial plan in the european union. the amounts of money we are talking about for these subsidies is huge. the american inflation reduction act puts aside $269 billion in subsidies puts aside $369 billion in subsidie...

We are talking about some big numbers. but the question is, are they big enough numbers to tackle the climate crisis? they are definitely big enough to make a difference. they may not be quite enough quite yet. the ippc reportjust published on the state of climate change globally suggest we need something like three to six times the level of investment we currently have to get on track for net zero, but if you take the us, $369 billion committed under the inflation reduction act alongside a coup...