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Intelligence unit. 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? you might definitely big enough to make a difference. they may not be quite enough quite yet. the reportjust published in the state of climate change globally suggest we need something like three — six times the level of investment we currently have to get on track 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 a...

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 do massive subsidies in one part of the world have elsewhere? let's talk to gareth from the london based energy and climate intelligence unit. 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? definitely big enough to make a difference. they may not be quite enough quite yet. the reportjust published in the state of cl...

The eu is under pressure to protect its businesses and industry from the threat of us subsidies in the form of the us inflation reduction act and high energy costs. later today european commission president ursula von der leyen is expected to lay out proposals which could include loosening state aid rules and proposing a new "european sovereignty fund". eu leaders are expected to decide on von der leyen's proposals at a summit in brussels next week where they will discuss the bloc�*s response tojoe biden's $369 billion inflation reduction act. joining me now is fredrik persson, president, bu...

Spending. he accomplished that. so i think he is going to see what house republicans have to put forward, and as much as he can to support a reasonable spending reductions should be in play and be considered by all sides. but that is right now, he is not on the offensive siege, he is the minority leader in the senate. the speaker of the houses kevin mccarthy so he has the driving seat so senator mcconnell will let him take the lead.— a large part of president biden's economic plan is the $369 billion he is pumping into green technology. but given the sheer scale of that intervention, there's...

>> emily: first of all. he is bright red. and what is a rain bomb? boiling oceans? what is he talking about? i'm still stuck on the money of this, that it is going to be more than $369 billion. you thought inflation was bad in 2022? get ready for 2025. i cannot listen to you anything at davos anymore. >> harris: and you work at the fox business network. >> cheryl: i know. [laughs] >> kellyanne: reminds me of hillary clinton saying i'm going to shut down the coal industry. i want joe manchin to answer that question. any democrat in authority to answer that question. pennsylvania, perhaps. john ...