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Transcripts for BBCNEWS World Business Report 20240604 04:51:00

Joining me now is marc ostwald is the chief economist and global strategist at adm investor services international good to talk to you. this is hot on the good to talk to you. this is hot on the heels good to talk to you. this is hot on the heels of - good to talk to you. this is hot on the heels of the - good to talk to you. this is. hot on the heels of the uk s energy strategy coming out last week. what do you reckon, will ineos be given the green light? ineos be given the green light? i think it s more than likely that they probably will but in terms of actually solving the current energy price problem that we have, both for consumers and businesses, this is a very long distance prospect. it will take five years probably to develop and another 5 10 years to basically deliver so it doesn t really address the immediate energy problems at all. wide when it comes to the idea of fracking, to extract gas from shale, this is something that was discussed in much detail and then shelved

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