Euro climate deal a source of much protest it will run through to 2023 with the aim of reducing c o 2 emissions by putting a price on them the plan is budget neutral meaning the country would have to take on any new debt to finance the plan as one bit of good news but many say its inadequate its a strategy that balances the interests of too many different Interest Groups to actually do anything for the climate and despite the states apparent good intentions it continues to support Energy Intensive industries with Financial Aid and tax breaks so the new climate plan is seen by many as hypocritical. While millions of people around the world protest against Climate ChangeTraffic Congestion gets worse and worse c o 2 emissions must be cut but the Aviation Industry is soaring the wind and sun can provide lots of electricity but were still mining them punning coal if that sounds like a paradox it is protecting the climate demands major changes from both companies and individuals. Governments also need to intervene for example by providing funds for Renewable Energies germany is considered one of the leaders in the field the shatt of renewal bills has expanded massively over the past 2 decades in part thanks to government subsidies. The Solar Power System on the roof of this Apartment Building means the tenants get their own eco friendly electricity. For me. We need more subsidies for projects like this because the power output you get from the rooftop solar array is not all that great when you have to sell the electricity for a long time just to break even. The photovoltaics system operates for 20 to 20 years and you need that time to come out ahead in financial terms. Solar Energy Providers in germany get to remain a ration of 10 your 0. 08 for every kilowatts how well they feed into the grid thats the only way the business pays off theres still Great Potential in the decentralized solar energy supply. Those of us fought on the rule should be much simpler when it comes to the provision of Solar Power Systems on rental Apartment Buildings for the landlords to. Government funding can help bring new technologies to market many Solar Power Systems and one from spreadable wouldnt exist were it not for subsidies however a lot of government money also supports projects that contribute towards Climate Change. Last year state subsidies in germany amounted to 188000000000 euros. About a quarter of that some one time things that are bad for the climate tax breaks for industry and motorists subsidies for Civil Aviation and brown coal mining. Only 9000000000 euros went into renewables and electro mobility. The private sector is slowly taking Environmental Protection to heart and a founding initiatives like leaders for climate action. Its demanding an immediate halt to the use of fossil resources and says that companies that emit too much c o 2 should have to pay at least 50. 00 euros a ton for it would. Be all of the detention looking what we need are regulations that make technologies that have a negative impact on the climate are more expensive and ones that have a positive impact sheep are. Also help consumers make the right choice and cons of an afterlife stuff i need to develop instruments available within the market economy and not necessarily provide more subsidies as a mass of. Worldwide vast sums of money still go to supporting fossil fuels such as coal oil and natural gas. In 2018 subsidies and tax breaks for Energy Source from fossil fuels amounted to 820000000000. 00 euros globally in the e. U. For example theres no tax on kerosene in many countries the price of electricity is kept artificially low renewables only enjoy 270000000000 euros in subsidies. Its often big Power Generators that benefit from government assistance rather than small local ones luminaires or has developed an Online Platform to link providers large and small and consumers to power a new decentralized Energy Market supply is generate their electricity from the sun by a gas and wind and users can then take their pick. We need to shift the focus of the discussion away from subsidies for new Power Facilities so that we can restructure and improve the entire Energy System we need to incentivize innovation and not just shift money around by means of subsidies it. Meaningful climate protection takes a lot more than government subsidies it will take a comprehensive rethink his own levels of society. For the private sector that means major challenges great opportunities. I visited germanys last hot coal mine last year just before it closed the business had been unprofitable for years and propped up with state aid worth hundreds of billions of yours that is until imports just got so cheap that it wasnt actually viable any longer so the mines were shut down applause from environmentalists but germany is still the worlds biggest brown coproducer that stuffs even dirtier and its also subsidized so much for germany going green we talked to one of the biggest critics here of generous government per cent tax breaks. Im meeting gabrial the president of the Kiel Institute for World Economy hes known to take a critical view of industries that are struggling despite having been subsidized for decades with taxpayers money. The problem of subsidies is that the cost money and the district money from other sources. The Research Institute at think tank is located on the waterfront its focus is on making the club will economy fairer and more efficient. Subsidies is a barrier to that goal not stickle to innovation in shipyards and in the shipping industry for example. Youre back youll see naval yards and the harbor. And the story in germany is heavily subsidized without any subsidies what have gotten lost in the case of shipyards and shipment if you if you count how much money has been built into it and how little ship building capacity we have left in shipment despite the subsidies then you know you have to ask ask is money well spent that if you ask this question do the calculations very often including in the case of the church or the shipping industry you come to a conclusion that you know a lot of money has produced very little effect and the shipping industry isnt an isolated case. It all comes down to the German Government subsidy policy he proposes slashing over 17 percent of subsidies 5 percent have been identified by the institute as especially problematic it says a majority could be reduced and only 7. 3 percent are actually necessary so it is a very popular say with politicians into the 18 we had a total of 188000000000. 00 and thats a new revenues in germany alone that is a new record all. Well the trend is rising subsidies a useful instrument to strengthen the economy they distract money from other sources very often you know if you want to inject dynamism into a slowing economy it would be better to let the Market Forces operate rather than deciding the government in a broker see what companies should be doing and in that sense what subsidies can do is to slow down the coltan limits of economies the ferry traffic here in the harbor is subsidized with monosyllable funds if it wasnt there wouldnt be a service. Hospitals schools they all need Financial Aid from the government or do they. Mean there are subsidies that are needed in particular when we talk about socalled public goods harbor mistreats. These are public goods if the state doesnt construct them no one constructs them but when we talk about subsidies and all reports we talk about subsidies to companies that would very well function on them on the market harper is typically not Pittsburgh Companies because Companies Know if they build something. Then the benefits of their effort will go to others and subsidies and the world what is your outlook do you think they will increase during the upcoming recession there is a danger that the increase during the upcoming recession is the danger of the subsidies ensure an increase. When we reshape our Energy System and theres also the danger that you know in this conflict between China United States and europe subsidies are increasingly used as a way to manipulate. The relative competitiveness of countries to ferry is unlikely to be counseled suit against a backdrop of global upheaval calls to reappraise did German Government subsidy policy are growing louder. And its not just germany that splashes out the cash from companies the e. U. Does its fair share too most of it is spent on agricultural subsidies 60000000000. 00 euros worth most of that money goes to france followed by spain and germany followers in the Czech Republic get a lavish 1000000000. 00 euros in total. A sizable chunk of that went to food and Farming Group fully owned by Prime Minister unpaid babbage he was accused of transferring ownership to family members in an attempt to avoid a conflict of interest the full case was later dropped but wed like to focus on the czech farmer whos a pioneer in his fields and is all for stay Financial Support. On this farm the grass is cut to make hay to feed the livestock just once a year in a conventionally run agribusiness it would be caught up to 4 times a year. But this is done it takes gannett farm in the northwest of the Czech Republic he could make more hay but chooses not to out of concern for the environment. Birds nest here so its important to mow the grass late in the season. So the birds breed here until the middle of august but especially corn crakes theyre an endangered species. Before protech switched to organic farming his fields look Something Like this very large and without head dros intensive industrial farming tends to use a restricted system of Crop Rotation wheat rapeseed and back to wheat for example peter rejects that kind of farming in fact hes turned his arab land into pasture that greatly reduces soil erosion and hes planted 20000 fruit trees. The grass grows to feed his cattle and sheep. When he switched to organic the European Union provided 30 percent of the investment costs. Organic farming accounts for a small fraction of agriculture in the Czech Republic. P. Tex says the e. U. Should fine tune its agricultural policies. Which is somewhat of a merely because of the blue subsidy should be contingent on farmers pursuing Environmental Protection and should only go to small and medium sized farms. Payments to large agribusinesses should be kept but you know they should get subsidies for just a few hectors and no more people that i think there should be Additional Support for small scale farms and once just starting out they should get several times the basic rate that would motivate young people to go into farming from oculus bit of it a bit of the look of the near future but. This is one of those large agri businesses its actually a cooperative in which small holders have pooled their land and resources it farms 5000. 00 hectares and has 160. 00 employees. Has leased his 7 hectares to the cooperative. Hes happy to drive a tractor and not have to manage his own small farm. Hes one of about 600 members of the cooperative farming operation. Its not run on organic principles and it has vast fields personnel who work is there at. The big machines we use here cost a lot of money. You can even use them on smaller fields its probably not a good idea to have such enormous fields but i have no idea what would be better only time will tell. The become operative got funds from the e. U. To modernize its counter said it has 1500 head of cattle. Around a 3rd of the employees work with the livestock. And the agro yes they need to cooperative gets about 200. 00 euros per hectare per year from the European Union. To not become the probably if that you were to cap it payment it would hit our business hard given current prices our farm would make a loss but on subsidies if they were cut we would immediately be in the red we would have to get rid of our cows and it wouldnt be economically viable to keep up. The Service Sector industry and tourism make up the bulk of the check economy farms cover more than half the land but agriculture accounts for less than 3 percent of g. D. P. Farmers markets are springing up these days in the big cities where produce from the region is sold directly to the public by the growers. You know maybe cement and i like it here because everythings fresh vegetables fruit baked goods and the price is a very reasonable. And its all from local farmers selling tech products. Im happy to support that. One of the few farmers to take advantage of what is still a niche market is usually club ski he only found 6 hectares but its enough to support him and his employees so you know as far as im concerned i could do without any e. U. Subsidies i have such a small piece of land i hardly get anything. On the other hand about 80 percent of our farmers depend on the subsidies the big farms would have to close but the little ones would survive. Back to the organic farmer dannielle peter hes well known in the Czech Republic for his criticism of industrial farming he doesnt only offer criticism he also sets out his ideas for transforming the farming sector to make it sustainable and environmentally friendly. He still sees a need for e. U. Subsidies to make it work. They shouldnt get rid of e. U. Subsidies because food prices would then have to reflect production costs. But that means food would get more expensive much more expensive without subsidies farming would have to be even more Cost Effective and that would be at the expense of the environment. Be taken wants to see targeted Financial Support for measures to protect the climate and the environment so far farmers get subsidies no matter what methods they use to take says that you should do more to support the shift to sustainable farming. It all depends where the money is invested report by the food and Land Use Coalition says globally a 1000000. 00 a minute is spent on farming subsidies but only one percent of that is used to benefit the environment most of it promotes high emission Cattle Production the destruction of forests and pollution from the over use of fertilizer. Another example of where state perks compose more of a hindrance than a help is the support provided by the European Central bank in the form of easy money and historically low Interest Rates its meant to promote growth across the common currency area well growth remains stubbornly low and instead what weve seen is a real field day for equities at the real estate sector. Founded in 1998 the European Central bank is the central bank for all 19 euro zone countries its primary task is to keep prices stable once that goal is achieved the e. C. B. Is also supposed to promote growth politicians arent allowed to intervene. The powerful institution has 2 main instruments number one the key Interest Rate the e. C. B. Lends money to banks and hasnt charged interest on it since 2016 by doing so it wants to encourage those banks to create cheap loans in turn boosting the economy by promoting investment and outlay. Inflation is also supposed to rise the central bank wants it at just under 2 percent if it comes in at less the danger grows that prices could fall long term. The e. C. B. Can also buy bonds which is supposed to strengthen National Economies it holds private and Public Sector securities totaling around 2. 00 trillion euros. By borrowing the bonds the central bank affectively pumped fresh cash into eurozone economies which is good for growth but critics complain thats actually not allowed because it amounts to state financing. The 0 rate policy also means that people who want to save now receive practically no interest on their savings thats driven many people in europe to invest in real estate driving up prices and trends and increasing worries of a looming housing bubble. Cant influence that directly but pressure is growing to raise the key Interest Rate the central bank wants to keep it 0 however because economic forecasts remain dark and raising the rate could make them even more somber. Now what would happen if officials turned off the tap one day surely there are smarter ways to stimulate an economy. Was put on any you lifeline in 2011 its since reemerge from the socalled economic readjustment program but it partly managed to kick that addiction thanks to a clever strategy of selling itself to the rest of the block and the world as the location for startup founders. When the bad weather and berlin becomes unbearable remember Southern Europe is not far away you can take a cheap flight anywhere thats the e. U. I. Low. Key spot. A few hours later and im on the beach and follow in the south of portugal i could just stay here for wanted to get a job or start a business but for people who are not you citizens its much harder the union may be softening internal borders but one is still quite difficult to cross the external border. Gazing across the atlantic towards home towards morocco. Every child heard bad from his dad one day that my thoughts on the other side of the sea there is europe and spain and portugal you should work really hard in our the computer and had to go there. So honest a lot of us has made it at least in the eyes of moroccan fathers. Who has founded a company here in portugal one which helps other non europeans to do the same. I imagine thats incredibly difficult to move to the e. U. And set up a company all the paperwork must be very confusing if you arent from here. I myself are us knows just how frustrating it can be thats why he developed an Online Platform that allows others to register a company with a mouse click even if theyre currently on another continent. Honestly its very hard to tell and in the african continent that europe is bad. Europe has its pros and cons as every other. But still these intrapreneur they want to grow they want to access bigger markers they want also to have a better. International experience talking about International Experience certainly has plenty of it hes only 33 years old but his c. V. Is longer than many twice his age as a child he traveled a lot with his parents and that left its mark on him to begin with he became a jet pilot for the american army. Then he moved to south korea to work in space research. He later headed up large Construction Projects in japan indonesia qatar and canada before managing business in the middle east for a german company. Its a matter of you know if you want something badly this is what i know you just have to educate yourself right now like knowledge is everybody has access to the internet even in african countries so you have to have to educate yourself and you have to go after or trinity is that kind of spirit certainly fits well with portugal a country thats super startup friendly especially its capitalist where its raining great. A recent study shows this relatively small city has become europes 5th largest stop for startups you need the hype. As an entrepreneur and a startup lobbyist without the hype and the attention it generates its hard to build a momentum to do Something Like this here. She 1st Company Factory is converting an old Military Building into a huge office space for Tech Companies she works closely with the portuguese government which has launched a major push to attract Tech Companies and start ups a new Business Visa makes entering the country easier for non european entrepreneurs. They ask me how best to do. It so we set up an online application process and did all the administrative stuff and then just let the people come to basically see how it would work if other European Countries spend far too much time thinking about something before actually putting it into action. So far only around 60 startup founders have used the visa since the program was lost with no orders that there were no real strong Marketing Efforts from from the government side if you want to live. Like this these youngsters in other countries believe in what theyre when you have to go and talk to them and help them come here. And i sell our us sees that as his task offering others the opportunity to follow in his footsteps because a border shouldnt be an obstacle to a good idea. Its for joining us. Into the conflict zone with sebastian with time running out full throttle as a muslim to get oppressive feel fear is climbing to keep the flame on the britain the full negotiations fail my guest this week here in prague is the czech foreign minister come off patricia he has surprisingly clear differences with the government koussa so why doesnt he resign conflict so folks in 30 minutes. When much of europe wanted to kick them out murray are not progun he invited them in. If we kyl and if so most is home to one of the worst pretty cheap cancer in the mediterranean. But one woman makes life a little better for her new neighbors. Meet my maria and the refugees of some us. 90 minutes on d w. Where is home. When your family is scattered across the globe. Soft goods to do to put a journey back to the roots can minimize the. Charge family from somalia live around the world to them want to come needed urgent assistance and. The family starts october 8th on d. W. O. World unto itself. With its own gravitational pull. The finest musical compositions. With some histories terrific. Film industry was most of them dont tell me that thats he never wrote. And the joint should come a phenomenal player. Revealed the symphonies a few how his palm. How did the romantic master come to such a piece of. The brahms code. Cover 11th on w enough. To. Play. This is the news live from britains Prime Minister says hes made his final offer on breaks. With less than a month to go before the u. K. Leaves the European UnionBoris Johnson is urging the e. U. To compromise the fossils response to his proposals for many schools suck up also coming up they make up a story thats fiction this is a fraudulent crime on the american people. Trump lashes out at democrats and the impeachment theyve launched against him just one