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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

we begin with the cost of energy and steps being taken across europe to prepare for winter. germany is keen to push forward in reducing its dependence on russian gas supplies as concerns continue over whether russia could completely shut down gas flows into europe. germany's chancellor olaf scholz is in canada and has just signed a deal to form hydrogen supply chains with canada. this is seen as a positive step forward but it does not offer an instant fix as it will take some time to get the right infrastructure in place. to talk us through what's at stake. i'm joined by nathan piper...

BBCNEWS World Business Report June 4, 2024 04:34:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:34:00

Lot of those are based in china or the democratic republic of the congo. canada is a resource economy but also underlines the move to net zero is going to require building links with countries that may not share our values much like those in russia but yes, in the short term we are looking at high prices stop there is no major alternative sources of gas that europe can get its hands on without high prices. the reason lng is making its way to europe is because we have got the highest prices globally and so spot cargoes are coming to rods europe which is helping in the short—term but really is...