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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 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 Business Today 20241010

The us government says it is considering breaking up google because of its dominance in online search. And charging up for the future, the international Energy Agency says renewables will make up nearly half of the Worlds Energy Use by the end of the decade. Hello, could the company behind the Internet Search giant google be forcibly broken up . That is the very real prospect facing alphabet over at their dominance of online search, in a Court Filing the Us Department Of Justice says that is one of the remedies that it could seek after google was found to have illegally crushed its competition in online search in the Landmark Ruling but in august. This Case Centres on google, the fact that Google Accounts for 90 of the Search Inquiries in the united states, which is similar to other countries. One of the crucial ways it does so well is more than 26 Billion of annual payments it is thought to make two Smartphone Makers to be the Default Search Engine on their phones. The advertising aro

Transcripts For BBCNEWS Business Today 20241005

A secondary benefit as well there is a secondary benefit to merseyside which is when people have skilled jobs they are secure and they spend their money predominantly in the local economy, so your restaurants, hospitality, your theatres, etc, also gain secondary because when people have jobs and feel they can go out and enjoy themselves and spend that money in the shops and restaurants etc, that is a double benefit for the region. More broadly of course, those jobs will be across the country and a similar pattern happens. Another Reason Hospitality is taken such head is because people havent got the money to go out for meals in the way they used to. A secondary benefit. In relation to the tidal work the mayor is doing, we are supportive of this. I do think its important. It is subject to business cases etc, but you know, all of this technology should be seen as one in the sense that we should look at all of the opportunities we have to develop, to create the jobs of the future. And an

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