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Transcripts For BBCNEWS Business Today 20241010

5,500 additional gigawatts of renewable capacity to come online between now and 2030. Thats more than the current Power Capacity of china, the european union, india and the United States combined. China is leading the pack, responsible for 60 of the additional output. And solar is winning the renewable race, making up 80 of the forecasted growth. But Electricity Infrastructure is not keeping up. Up to 10 of renewable energy is going to waste because its not able to be stored at times when more is being generated than needed. For more, joining me now the ieas Executive Director, dr fatih birol. This is a rare piece of good news and shows what can be achieved when a real effort is made. It is extremely good news for everybody, i would say, almost everybody, i would say, almost everybody around the world, because renewables are growing very strongly and there is huge potential for them to grow, and the main driver of this is very strong, massive growth is not necessarily climate policies.

Transcripts For BBCNEWS BBC News 20241010

With just hours to go until Hurricane Milton makes landfall in florida, millions of people are rushing to leave their homes. Its currently a category five hurricane , the highest possible classification with ferocious winds of up to 270 kilometres an hour. Forecasters say Hurricane Milton is expected to make landfall within the coming hours, and has the potential to be one of the most destructive recorded in the region. President biden says President Biden says getting out was a matter getting out was a matter of life and death. Of life and death. Millions of people have been millions of people have been told to leave there homes. Told to leave there homes. Its less than two weeks its less than two weeks since another powerful since another powerful hurricane hit the state. Hurricane hit the state. These are live pictures these are live pictures from florida which as you can from florida which as you can see if already being battered see if already being battered by strong winds and he

Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20241010

Illegally crushed its competition in online search any landmark ruling back in august. The Case Centres on google accounting for 90 of such inquiries in the united states, which is similar to other countries. One of the crucial ways it does so well is the more than 26 Billion in annual payments it is thought to make two Smartphone Makers to make two Smartphone Makers to beat their default search engine. The advertising around the search meant its latest results, alphabet reported a profit of 23. 6 Billion in the three months until the end of june. The us government says it is harming competitors and fully remedying these harms requires not only ending its control of Distribution Today, but also ensuring google cannot control the distribution of tomorrow. Google said in a Blog Post the melodies were radical and would have. To go through this now i am joined by the managing director. The key question i have is can or should google be broken up . You no back to should google be broken up

Transcripts For BBCNEWS BBC News Now 20241010

People are being urged to leave coastal and low lying areas of florida as Hurricane Milton, expected to be the biggest storm to hit the area in a century, moves closer to the states West Coast. President biden has warned evacuating is a matter of life and death. These pictures are coming into us live from the state of florida. This is the sunshine skyway bridge, the gateway to Tampa Bay, normally a very busy road even early in the day but pretty much deserted now, clearly very exposed and certainly not somewhere anyone would want to be as the hurricane approaches. Although those winds and rain not being really fully felt yet, if we look at this picture of some Palm Trees you can see they are moving a little bit in the breeze but those winds will get stronger and stronger. The national Hurricane Center saying that milton is bringing sustained winds of around 155 miles per hour, as we look at this track. It was downgraded a short while ago to a Category Fourfrom Category short while ago

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