million cars after the us regulator found its autopilot system was partly defective. the company says it is issuing a software fix. and find out what we ve been watching, as for the first time, netflix releases viewer data on its catalogue. time for a look at the business news now with ben. what do you have for us? matthew, thank you very much. we start with news from tesla. the carmaker is recalling more than two million cars after the us regulator found its driver assistance system, autopilot, was partly defective. the recall applies to every tesla sold in the us since the autopilot feature was launched in 2015. tesla said it would send a software update over the air to fix the issue. our north america business correspondent michelle fleury joins us now. michelle, explain this, there are lots of cars but the fix is relatively simple, we think. if lots of cars but the fix is relatively simple, we think. if you listen to the relatively simple, we think. if you listen to
structurally in decline. you ve got the rise of renewable energy, the fact that electric vehicles are now 50% of sales in china. so that ll be a fundamental challenge to anybody investing in fossil fuels a fundamental challenge to anybody investing in fossilfuels in a fundamental challenge to anybody investing in fossil fuels in the future. this is an industry which is clearly entering into its endgame. renewables are ultimately growing faster than fossil fuels, and that will mean that clean energy will win. now investors have got to act, we ve got to deploy huge amounts of clean energy, we ve got to build up the grid notjust in the uk, but all over the world. it s all about electrifying everything. if we can do that, that ll be the death knell of fossil fuels. marcus correct that market tends to direct the way the market goes. there are more clean energy plants in texas, an oil state, then there are in california because it s economically sensible to do it. but we ve got a f
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now to make good on the commitments they ve made at these cop summits? since rushdie invaded ukraine, we ve seen gas prices in particular go up in europe, and governments across europe stopped buying russian gas, and that s because the prices to go up, that s caused inflation, that s not what keeps governments elected. so across the continent, governments are saying, well, there is now a bit of balance between energy security and meeting our climate objectives. but then it comes to the question of, well, what are you going to do about it? and there is a lot of debate that this bill on offshore petroleum licenses isn t actually very useful. it s not going to help either solve climate change and it s not necessarily going to encourage much more production of oil and gas. why? because eventually this would