with these two: the university of sussex. and we will assess the impact on business with wayne griffiths, the big boss of the car maker seat, which has just announced an electric car battery plant in spain. he lljoin me for an exclusive interview. and later in the programme, the man behind the cinema magic. i will speak to the boss of visual effects giant framestore, sir william sargent. i will ask him about working on the world s biggest movies and what the future holds forfilm, tv and gaming. wherever you arejoining me from around the world, once again, a big hello and warm welcome to the show. just days before the un issued its latest wake up call to the world about global warming, the european union laid out its ambitions to boost the green economy. it has announced plans for massive subsidies for green tech to match the near $400 billion already committed by us presidentjoe biden in his signature information reduction act. in washington, dc the issue topped the agenda at
from hotels and a shift to more basic accomodation in an effort to deter people from coming to the uk illegally. now on bbc news, talking business: now it s time for talking business. welcome to talking business. let s have a look at what is on the show. a crisis forcing governments to invest billions to avert a catastrophe. it is not the banking crisis, though. it is the climate crisis. as europe goes head to head with the united states on subsidies for green investment we will ask what it means for business, international trade, and the future of the planet. i will discuss that with these two. there they are. and we will assess the impact on business with wayne griffith the big boss of the car maker say yet which has just announced an electric car battery plant in spain. and later in the programme, the man behind the cinema magic. i will speak to the boss of visual effects giant frame store, sir william sergeant. i will ask him about working on the world s biggest movies an
let s have a look at what is on the show. a crisis forcing governments to invest billions to avert a catastrophe. it is not the banking crisis, though. it is the climate crisis. as europe goes head to head with the united states on subsidies for green investment we will ask what it means for business, international trade, and the future of the planet. i will discuss that with these two, gareth from the energy and climate intelligence unit and international trade expert from the university of sussex. and we will assess the impact on business with wayne griffiths the big boss of the car maker seat, which has just announced an electric car battery plant in spain. he willjoin me for an exclusive interview. and later in the programme, the man behind the cinema magic. i will speak to the boss of visual effects giant framestore, sir william sargent. i will ask him about working on the world s biggest movies and what the future holds for film, tv and gaming. wherever you arejoining m
and more of that investment will grow, continue to grow those industries, continue to grow the opportunities. it is about investing in the right way at the right time. gareth, it is so good to talk to. thank you for being with us on the programme. for all the talk of the environment, it is clear this is also about creating jobs and business. but is it also about governments protecting their own economies? camela dower is an expert on trade law at the university of sussex. it is good to have you on the programme. let me put this to you if you take the word green out of the subsidies it is essentiallyjust state aid, isn t it? yes, it is state aid. the difference is in the eu it is very carefully regulated under this framework,
the problem is, the uk is equally conditioned by the international rules based system, and so we already have the eu actually bring in the uk consultations, and the wto, because of its low carbon subsidies, so the uk has as much to worry about by these rules as any other country and again, the uk hasn t got the resources that the us has. in terms of the industry, maybe it is more about new tech rather than focusing on electric vehicles and solar panels, which are already mature industries, maybe we have to think even further ahead of the game and look at hydrogen and further on, because it does seem to be a waste of time to try to catch up with china. camela, thank you so much. really good to have your thoughts on the programme. what impact does all of this have on business? if you are a car maker, for example, deciding where to make your next