of. you know, ah, i'm sammy zaden and donna look at the headlines. hey, al jazeera, now you asked republican lee, the kevin mccarthy has been elected speaker of the us house of representatives. the votes went into a 5th day. i'll feel group of on 5th and 7th of republicans blocked his election. and now the hard work begins. what we do here today. next week, next month, next year, we'll set the tone for everything that follows. tonight, i want to talk directly to the american people that speaker the house. my ultimate responsibility is not to my party, my conference, or even our congress. my responsibility. our responsibility is to our country. orthodox christians in ukraine are celebrating christmas under the shadow of russia's war. oh, this gathered in 1000 year old mamma street service was held in the cranial language for the 1st time. ukraine officially split from the russian orthodox church last year and a step towards establishing an independent church run those hang to men for crimes committed during nationwide protest. over the death of master meany, the men were found guilty of killing a security officer. in november, 22 year old must need died in police custody in september. she'd been detained for violating the countries dress code. commerce returned to the mexican city of coolly, i can after a day of violence. authority say 29 people were killed for members of the powerful sinaloa cartel confronted security forces. violence broke out on police, arrested a drug king on thursday. police have detained a 6 year old boy, shot a teacher in a school in the us state of virginia. they say the boy $500.00 gun during an argument in a classroom. the teacher suffered life threatening injuries, but she's reported to be improving or to goal and the netherlands of become the latest countries to require cove with 19 checks for travelers from china. this week that you strongly recommended tests before departure as china struggles with the surgeon cases. as the headlines that sir, thrice ah, in the 1st 2 programs of their series of ice rice, i've been looking at how the law is being used to force governments and multinational corporations to take climate action. but what about the changes already going on within the business world itself? in this program, i'm exploring my, the transforming the economic legacy of the industrial revolution. could in parts be an inside job? oh, i'm beginning my journey in the u. k. and the historic university town of oxford reh meeting south style to renegade, economist kate, way, way i can give me i want to hear why she thinks it's critical that business changes they call the sierra the anthropic scene is the era in which humanity we have become the biggest drive of change of scale of the earth system host war 2, economies began to grow, particularly because of the availability of very cheap fossil fuels. but with growth, we have consumption, we use resources, we burn fossil fuels, and it's taken us into extreme crisis. climate and ecological breakdown, there is no evidence that it's possible to have an endlessly growing economy and to come back with implant boundaries at the speed and scale that's required, we actually have to shift from pursuing endless growth to thriving, which brings us into balance. everything that thrives in life on this planet grows until it's grown up and then it starts trying to grow. it matures and it thrives and can thrive for very long time. so canal societies, if they mature, instead of trying to grow endlessly and inducing a collapse. so this is a huge transformation. yes, it's not an incremental tweak. we must go from degenerative systems to regenerating the living world. we need new policies that may have never been tried before. we definitely need new business models and designs, but it's easy to say. it's a completely different matter to actually remake this in practice. ah, so how could production systems be updated for the realities of the 21st century vessel? so i'm looking at the manufacture material, which is a symbol of the industrial era and the bedrock of the modern world. i've come to the city of lou leo and the nova suite and web transfer to d compromise. one of the world's most heavily polluting industries. a say b is sweet and largest sheet steel manufacturer or a building monica quinn, title is site manager, and my guide will be the blast furnace with iron or pellets. and also coal. at the bottom of the blast furnace we get melted higher and out through the chimney, carbon dioxide, how many tons of calls dioxide to produce as a result, 2000000 also feel every year and 3000000 calling from carbon dioxide without really going to say something that we are longing to transform into a process that doesn't produce carbon dioxide. you can really feel the heat. there is a lot of energy. they feel like if it's at knology, from an old and a decode that know they feel very, very much alive and kicking. now, but this is a production process that has to go steal production is responsible for around 7 percent of global c o 2 emissions solution for this has been discovered on the other side of the site. mm hm. this is a hybrid tracks, a research and development facility for green steel opened in 2020 is the collaboration between sep energy supply and the swedish state steel company. i was in love with my chief technology officer. martin pe is leading essay. he's charged to become the 1st company to bring what's known as fossil free steel to market here in the bottle, sweden we have, we believe of reduction the because of their accessible hydro power and of the wind power is increasing. green electricity is used to split water into oxygen, which is released into the air and hydrogen, which is captured teams for energy. essentially, we use very hydrogen to replace coal that we used today in the preferences. and with oct week a 3 though, for the suit to mission from vinegar completely completely. yes. this is a mix there for the whole industry. when we make these transition, ah, is this a be plans to move quickly with the 1st commercial hybrid facility up and running by 2026. developing new green technologies is costly to start with. but failing to do so, it comes with a huge business risk or such a shine that 8th emissions on stopped climate breakdown could cost the global economy. $23.00 trillion dollars by the middle of the century. climate disasters create a lot of cost for the society and that cost is not allocated to partner still yet, but you take into accounts that cost, then the new way to make steel will not be too expensive. there. this is a huge project shrouded in secrecy. i can see the end product. so the sir bolts is actually pure. i'm. so i'm holding a well fast. yes, this is the 1st time that we have succeeded with the trial in the scale. so you seem really excited holiness. oh yes, this is a really big deal for me. ah, and this pioneering product is already in demand. this chart here might let like many others, but in fact the was 1st as a vehicle made with greens deal large. sanchez is the chief technology officer of volvo group. we have lot of, we can use the same process in our manufacturing for fossil freeze deal. and that means that for us it will be raw, the e, sit out, it increase the share over me just that are being produced when fossil free c in become photo group, frantic like this vehicle just one year ago. part of it pledge to reach net 0 by 2040. we have so many customers coming thing to the carbonized. it's clear that the demand is turning into green products and if you don't move down, you will your feet out of business. it's one thing to build especially vehicle from fossil free steel. how did t compromise the entire transportation sector and gotten bagged for the cars is committed to having an electric fleet. i 2030 and being carpet nichelle by 2040 evey's. a hailed as the 0 mission track school solution, with global sales almost doubling in 2021. but eliminating exhaust gases is only one part of the story. the car product itself is the problem. 33 percent of all c o 2 emissions of the product is coming from the steel, then aluminum. and then you have the battery pack itself with all the battery materials, so steel aluminum and all better materials together a carn for 75 percent off the c o 2 of the product and the other 25 percent was that from it's, it's plastic it's, it's all kind of like smaller materials glass, i mean you have c o 2, unfortunately, and basically all elements. it's a tremendous work. even if charged using only renewable energy. the amount of c o 2 emitted over the lifetime of this e. v is 27 tons. photo causes joint steel 0, a global initiative, pledging to use 50 percent green steel by 20 fatty and a 100 percent by 2050. but the rest of the supply chain has to follow suit easier said than done when there was so many elements involved. i could find what hours like if the meeting friends leave out there, it is really making me wonder everything that goes in for one car, all the energy, all the technology, all the material. if it was all green, while the process seemless is clear and will business critical risk to us, eunice o to hey, is volvo, cause head of climate action. we see that the whole world needs to change and we need to change with we know that unless we change the consumers won't want to buy all the cars from us, or the lawmakers don't allow us to sell these future cars. so this is one of the biggest business risks we have long term. do you actually think it's possible to meet climate targets? i'm feeling confident in ours, but i think is important to recognize that the world is not yet set up to deliver on what is needed. and so i'm a bit mixer to say that every company in the world also take the steps that we want to do, but still see as challenging. i think that is likely too hard to believe in right now. the companies i visited seemed genuinely committed to change. they see the writing on the wall, but transforming the business sector globally is an immense task. just one 3rd of the world's largest public companies have fact max 0 target. less than half of these meet even minimal reporting standards. i come to the sweetest capital stock come to me to climate solutions expert. his convince we should be looking towards the future rather than trying to rectify the past. with trying to live and crate to morrow. with yesterday's tools, we can't compromise, we need to do some issues. we need to reduce the outtake of resources for the planet in order to survive. there's a number of things that really threaten our civilization as we know. and as an existential threat. and we've not really had that before d compromising the supply chains than isn't enough. no, we can't have the resource intensive, not very sports, a site that we have to day. and we conscious tweak it. we need to fundamentally, we think that we need to go back in ours. what do we need? because we have to day, the transport sector, but we don't need transport. we need access. but for access, we don't need cars. we can. how about through 3? the printers, drones virtual meeting, so the digital economy is, is providing fundamentally new ways to provide for things. oh, and this emerging digital economy enabling startups to leapfrog establish technologies disrupting the old industrial order. i come to visit one of them in the south of the u. k. i greg amanda, grates me c o to proceed. oh, great. jackson is an entrepreneur with a flat attack and a mission to shake up the energy sector in just 6 years, octopuses gained over 3 and a half 1000000 customers in 14 countries. it's valued at over $5000000000.00. in this building, the energy comes from the grid, but it also comes from solar panels on the roof. and this box at any moment in time is deciding what to do with that store in the car. i use its power. the home, if is going on the grid weight, so the grid price is higher. that way the homeowner gets the maxim financial benefit. but then i need to think about it. if you're doing that through digitizing energy, this is all digital, just in the u. k. oh was energy gathers 1500000000 pieces of data every day to do this optimization. ready these bites of data may be tiny, with energy in the form of electricity, heat, and transports, contributing nearly 3 quarters of all emissions. the potential impact is hinge. our mission is to make the transition to renewable energy faster and cheaper than any one ever imagined. not, not any great news for advanced economies, but also the 800000000 people who don't have access to energy today. the costs of wind and so in a decreasing all the time. but at over $9000.00, a piece on average is one key item for warming hines that is still beyond the reach of most people, the heat pump. this center is devoted to making them available to all. and in the process, parmelee switching off gas. a heat pump extract heat from the air it takes, i heat pumps into the building. heat pumps turn one unit of electricity into 3 units of heat. whereas for every unit gas you burn, you get less than one unit of hey, and how you actually going to get the cost down. just through some of the columns, the scale we need to increase the heat pump industry to the scale of the gas industry. when we do that, the cost will plummet. the international energy agency says heat pumps as the key technology and the world's transition to sustainable heating. greg is rating an army, install it to speed that transition up. $1000.00 to being trained here each year. for every 1000 engineers, we train, we can still tens of thousands of heat pumps. here, this is the beginning of a revolution. there's can i soon relate to be available to everyone. attorney has a gas boiler. greg vision is already starting to come alive, octopuses teamed up with ill care homes, which pre build 0 carbon houses, almost sustainable technique than constructing them on site. is going to be over a $100.00 carbon homes, generating electricity on the solar panels on the roof. a battery to store and the heat pump to keep the home wall with no bills. wow. and homeowners will be able to sell surplus energy backed up to piss. so they benefits and no energy is wasted. this house generates more, which was to the users. and so the energy world of tomorrow is wanting which energy is decentralized. it's distributed. the ability to start building homes like this helps us reduce the reliance on the national grid and enables innovators to bring solutions to communities and to individuals faster than we imagined. it's inevitable, the world is either going to get cleaned on energy or we're going to such catastrophic climate change release the option ah, a controversial like this. i have a real sense of impatience because the green transition is on the way the old system needs to move over to make way for this new sustainable. well, it's going to say future, but it's not a feature. this is actually happening now. what is the world ready for the why? the consequences of this change, its impact on everything from people's job to states, revenues, according to systems change analyst james r b. it's impossible to imagine what the future could bring. what we see coming as a fundamentally different system that we've never seen in human civilization where the inputs into that system are all available locally in abundance. it's a totally different system to the old system. you know, there's nothing about a caterpillar, but tell you it's going to be a butterfly that's holds when we think about the kind of transformation we're going to see in the economy. giving example, we're seeing solar be rolled out extremely quickly and it's going to transfer industry after industry. so any demand that's capable of shifting will respond to that incentive of 0 cause pass, or we could do things like make hydrogen. we could do vertical farming, we could be steel production. and so not only will it transform existing industries or create the possibility of new industries, it's kind of like when the internet came along and we essentially had 0 cost communications, it transformed a bunch of existing industries. but it also created a whole host of new possibilities that we could possibly have foreseen beforehand. the old industry goes the other way. i do see reversing economies of scale is increasing costs. see less the mom. and so in whatever industry you're thinking about, you get this kind of virtual cycle for the new. and this vicious cycle for the old, which leads very rapidly to this disruption and technology is disrupting other sectors teen. instead of using cows, we're using technology. in our case 3 d printing is really thought up read if i mate print things from digital models producing nearly 15 times a day. the equivalent of 60 cows is one of a number of companies seeking to achieve the impact of livestock funding, which is highly polluting and uses huge amounts of land and other resources from plant based substitutes like this to meet cultivated math. to precision fan mentation, which really micro organisms to make protein. this is a brave new wild police to disrupt the global feed system and it's attracting international investments. rosie woodall and coffee, i knew this set up synthesis capital eventually fund based in london in 2021. it focuses exclusively on food tech. i think from a global perspective, these technologies will really reduce the pressure on the earth to produce food. so if you take redefine as an example, their products use over 90 percent, less water and land, but also emit 90 percent less greenhouse gases. these technologies can be produced locally in local areas. let's say we define put station with printers, for example, to supply west london, which remove the need for the very long supply chains across the world and provides a lot more food security for. yeah, it might seem, oh, it's talking about feeding the world from a swanky restaurant like this. but all new products have to start somewhere before they can be scaled up and co scroll down. we define meet is being showcase where i want to try it. but i have to cook it fast. amazing and hair. you're good. show your boss. find out with jordan's class, is the executive chef. this is the lamb flank the beef blank. and then the 3rd, this is here. you but this the mincemeat version and everything. possibly that to trick russia, i think you can see how is naturally made making in between each one you see that? yeah, that will be amplified even more when we cook. i actually treats it more like a fillet where i get fast on the grill. i'm still not, so i'll do to pull, i goes put on the board here. so when i take the 1st sizes are j smells white lamb . so there's a 1st time you've ever tried. it is i'm actually really, as i said, good luck. okay. it looks like me and it really, it really, it really does. well, i lamb. okay. well like her classics journey, girl, america m. m is wonderful. i really like that. we have to move in may 2022 synthesis. launched a dedicated fi tech fund. the world's largest at $300000000.00. it was oversubscribed. investors clearly reckoned this money to be made. we think by 2050 we'll have a whole new paradigm and food really. and that these technologies will be the vast majority of the animal protein that we conceive, profit in the alternative protein space doesn't necessarily come at the cost of the planet sustainability, et cetera, is actually quite the opposite. yeah, and i say, i think that's a broader shift in the investment world, but mainstream investors are understanding that you can't invest in a company that is having a really negative impact on the world and expect to make profits in 10 years time. it's more thinking longer term about the planet. over the last few weeks, i've witnessed a growing awareness and business cycle that the established economic system is no longer fit for purpose. a new system is emerging, but will the old will to step aside and will the new one, surf is boston off to prevent total climate and the economical collapse. with an educator tony cba thinks market forces will enable green's head to be scaled up at speed. it still the future hangs in the balance. i am a 100 percent confident that technology disruptions are going to happen because they're going to happen for purely economic reasons. we're going to have a lot of self sufficient communities that produce everything we need. energy, transportation, materials forward and so on. thank times cheaper than we can produce today without all the waste that we produce today. that is a traumatic change for society. something that we have never seen in human history . and that's coming over the next 10 to 15 years. it sounds amazing, the fishing of the future, but i keep on hearing about but bottom, my brain asking questions, is that because my mindset is stuck in the old system? well, they're raised a high likelihood of collapse because every single society in the past has gone through, collapse, has gone through a dark age. the difference this time is that we know what's coming. right. so if we know what's coming, then we can prepare for it. we need to develop new organizing systems, political, religious belief systems and so on to take advantage of those technologies. and what you can't predict is, are we going to collapse and then rise? or are we going to arise from here? and that is the big question of hard mm to the stakes really couldn't be any higher. but how do we shift from knowledge to action? ah, one organization in the netherlands. things change in perspective may help. it uses virtual reality to give business leaders and after not feel us the so could overview effect. is the brainchild to form a c o expert molder. it creates a new connection between you and the planet. you see the beauty of the planet, and you see the fragility of the planet. and you see from space, the destruction that human kind has done to the planet. then you become very much motivated to do something about it. the aim is to reach the hearts minds, the 1000000 business leaders around the world by 2030. and if my experience is anything to go by, this could be of really powerful way of galvanizing the corporate world into action . i feel quite exhausted by that experience and a whole jumble of emotions. deep, deep sadness, and passion and security gratitude for this amazing organism that we're lucky enough to be able to call home. we've been looking at systems and their series and the systems have to change. now whether we choose to leave our standpoint history as one of a glorious moments when we, we learn, we learn from our mistakes, the sort of the systems that are so destructive, or whether this is the story of us buying, extracting, plundering our way into destruction. i don't know, but it's up to all of us to put as much pressures we can on those systems that they work for our planet. they work for our only home because otherwise we won't have one. it's as simple as am ah hello, that was dot in south america and from the satellite image, you can see the plume of shower clouds bringing some intense storms to southeast in areas of brazil. we have got to read warnings out. we could see for the flooding and possible mud slides. now that wet picture extends all the way up to the north, looking much dry after the likes of bolivia, but equitable, has issued some warnings that we are set to see the wet weather intensify here for the thought. this will places like north northern argentina as well as paraguay and uruguay. it's a hot picture. we're expecting heat wave conditions to flood into essential areas of argentina. temperature certainly on the up for the likes of when us areas. but for the south of it's a much cooler and wet picture now was a move to central america. launch the quiet for much of the caribbean. so some parts of the rain bringing those scattered showers on scattered showers with southern areas of mexico extending down all the way to panama. we will see that wet weather intensify as we go into sunday much dwyer from northern areas of mexico. we could see some rain pool, in fact, those storms running across the gulf of mexico. we're going to see those pickup it's clearer. however, on saturday, the west of that wet weather, once again putting into the u. s. west coast will have more heavy rain for california. ah ah al jazeera ah, ah ah