on please find your mind. so all the topics i'm, i talk to you from campbell, fixed a new culture. and in 15 minutes, let's say you stock the part of our community life on the surface of this research is now on the top of from tech support solar panels to making energy for you book. there's no shortage of ideas to help save for aiden promise and your pockets. what we really want to do is that we face and a to for the customer, and there's no shortage of investment either. this is the most interesting opportunity in the coming decade or point a training. and tony's is expected to be invested this year and can check the sector that's from to reduce our carbon emissions. it's a lot of money for placements of entrepreneurs come. these businesses reshape the future from idea to scalable as a politics to policy on this episode of transforming business. the promise and problems of the king tech sector is very good question. so yes, i do side every day to work. that's what's, hey, it's my sense and wakefield him on his personal clean credentials. he told us a base, he's going business, a german company that's created king tech software, and the app helps people switch from fossil fuels to renewable. energy underlines them to monitor how much electricity they're using when to use those devices to help save from their bills every hour thing throughout the day has a different price. so in the morning it's actually quite expensive. it can get, get cheaper, but it's a lot of fun for instance. and then it can also get more expensive. and we want to shift the customer consumption to those times when it's actually cheap. the taste says, one of the tysons of new onto printers that see a golf in the marcus pain tech, hurricane technology, new products that we need if were to help save up thomas. this is a norm is privilege to be here on earth today. to join in signing this historic agreement, to shift in your, in more eco friendly ways of living meaning, of fossil fuels. because it will, you please take years ago, global leader assigned an agreement to try to limit global warming to a level of which we'd still be able to live comfortably. and if someone tries in nature, that temperature is $1.00 degrees and the deal done was called the power as agreements . then came a commitment from east states. the european reading deal is full the climate, but it's also for the people by 2050. they've pledge to remove the same amount of carbon emissions from the atmosphere as they plus and was a seismic shift in how we consume energy came last year with the russian invasion of ukraine. countries scrambled to source oil beyond prisons pulse and they box the long game, investing in green energy supplies. the next story this morning, then in this thing here at the us landed at an absolute punch with it's an inflation reduction act. this pro is the biggest step forward on climate ever, ever. it's got a interesting name for a climate to build a does the job rights and a few other jobs. and it will finance a lot of new experiments that hopefully will mean great positive change for society . sure. and have a nice talking about that strike from joe biden to administer ation is includes $369000000000.00 for the claim. us like tax credits for a clean tank. your needs kind of investments with a venture capital company, a company that makes investments on behalf of people who have the money to make more money, while solving or punish re problems. we invest across the 3 domains, african climate, and ocean. all of these domains will have a climate angle to them. that's because we recognize that as the most important challenge of our time. but then also the most profitable to fix. we're already seeing the number of investments in pain technologies nicer. passing those of fossil fuels. so we've gone from something like $200000000000.00 being spent in 2011 point 8 trillion dollars being spent this access around. so you use the climate turn less than vice, or most of the money that is being spent is being spent on renewable energy deployment. so, so that's on. so know when and overall the gap between what needs to be spent. now, which is 1.8 trillion versus what needs to be spent to stay on. net 0 is about 4 in house. this year it's expected almost $660000000000.00 will be spent on renewables, around $380.00 on making energy more affordable, secure, and environmentally friendly. and just over 330 and upgrading electricity grids. the rest will be spent on technologies like electric vehicles and capturing carbon . but it's not enough to limit the planet from slipping into further climate crises . and that's a huge gap and investments is something regional powers. are all too aware of the united states and your opinion spend the most on teen tech in 2022, but it's china that's dominating the industry. the now has a stranglehold on the battery supply chain. it has a stranglehold on battery manufacturing and it is the largest manufacturer and the seller of electric cars to yes, yes. so the current wings are being built in the lower in east. well as the head of a product called wind wings, sales for ships. the sales work as an auxiliary power source, the idea to reduce fuel consumption and save from carbon emissions. so it says, thus on average, the sales safe on the vessels fuel usage by 3 tons per day. to put that into context. that's about the waste of 6 grand pianos. the sales were designed by naval architects based on the u. k. there may to, in china. so our main supply chain is china at the minute. and that is, that's been really great for actually getting a competitive price products to the market. last year, china accounted for almost 70 percent of mining for the minerals, the world needs to meet. it's kind of goes, us run to distance seconds and then australia, the raw materials are using products like solar panels or wind turbines. and china leads globally and processing these materials at the moment globally. and europe, in particular is extremely reliant along on china a full many of these critical um, supply chain, antique car works for an effective organization that works with all stakeholders and bringing to mark as new technologies that move away from fossil fuels. from a perspective the, the, the issue is how do we diversify and provide you need innovations in parts of africa and latin america as well in a way that supports local development of supply chains that supports a change and approach which doesn't then become so reliance on on china, this dependence on china is something the you wednesday us are trying to move away from. they want to meet climate targets without jeopardizing to your political autonomy and economic competitiveness. all through your focusing a money injections in their own green and turn on markets. and the u, as even looking to mine again for some of its own minerals and materials. but how can such in cedar approaches help reduce emissions or improve energy security globally? and in the u, despite widespread climate agreements, policies for innovations to take effect have no cause up. take off to him as an example in germany, making the switch to renewables to the app won't be possible for much of the country's population, but live in apartments. the so my flat and berlin, i have district teams as the central pipeline which produces the heat for an entire district. that's nothing you continue will be stuck with it. you can't really switch away. and the company's idea of having people monitor how much energy they're using is not possible unless the consumer fork size around 100 euro for smart meter. mandatory road eyes with smart meters doesn't take effect in germany until 2025. in germany, 9 to 9 percent of the meters are not capable saw. i'm not ready for our model. if you look into nordics it's, it's completely river has to be decided, yes, having own smart meters to actually be one of the 1st indeed us and job, largely our problems. and i say r as in the, as in europe in the world, they are political, they're not technological. we have the technology to do the things we want to do. it's a matter of priorities. and so if we prioritize differently, we're going to be just fine. the question is, if we will and it's a good question for your a certain late april need additional investments of more than $670000000000.00 a year to meet its clean tech energy goes. and the health of our promise needs to be kept to the for pre owned political game. we all say a lack of capacity and capability within public authorities to actually help shape some about market conditions. but allows these things to scale. we are absolutely saying a lack of, of mobilization, of funding and finance, and in particular that blends between public and private money to helping skiles public money won't be enough. take wind wings to get their product to mark as they secured investments from the u. and from the largest company in the us cargo. so we were actually contacted by cargo a long time ago many years ago to help them assess typically technologies that are on the market using our simulation tools. so that partnership with cargo and with energy shipping later on when the retrofit is really what's given us the. ready ability to, to develop products and bring it to market going back to the original question for teen tech companies to really re shank the scenes. there's no time there's a funding deposition on the policy shortfall that's having a knock on effect on change is taking effect a for to keep to work. climate commitments will need $4.00 trillion dollars annually. for the early 20 surgeries will need large corporate actors, banks and huge pension funds, riley, and their waste behind the time because i'm gonna need the badger sharing offers sources and innovation to wider political maneuvering. because for now, the security of our products and the clean tech shine are quite a distance away the the into the conflicts own. with tim sebastian, my guess combine is alexander w, director of the con, the russia, your agent center for no rush is. economy has stabilized mister fulton, incisive on war crimes charges is none. the less finding plenty of friends, so well as new found confidence, some tim into a big a will with ukraine. i've even a fight with mason conflict next on d delta. to the point. strong opinions, clear position, international perspective in 20244000000000 to have the opportunity to vote with many folders turning to populous and national. have some promises break with mainstream politics. this democracy at risk fund down to the to the point in 6 to minutes on d. w. the database. but we'll tell you the story. we have a, getting a visa is more difficult than finding gold hosted to use force and for the future feelings about what's going on in the stories that they see. instead of being discussed across the continent, dw, and use africa every friday on the w. the monumental structures of the stone age milestones in the history of mankind and some of its greatest positive. and again, this is mega lewis or monumental stone arrangements that people elected long before the pyramid, technical and logistical feat that simple as the impossible. the stones tell the story of a powerful revolution, fix it from a switch, from hunters to sudden tearing foreigners, was one of the most fundamental changes in human history. and don't let me try scarce just what exactly happened as a 10000 years ago. scientists, china, nice on the enigma left by our and the secrets of the stone age. december 22nd on d w. the, the slow crew come fixing ukraine will soon head into its 3rd year with the pressure on care to advance on the battlefield and re energized support in the west . my guess from belin is alexander w. director of the con, the russia you raise your send. the bad news is that unfortunately, the uh, the support for you, for a uh in the west or how public is going down. but no rush is. economy has stabilized and mr. pretend inside pick.
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