we begin with the cost of energy and steps being taken across europe to prepare for winter. germany is keen to push forward in reducing its dependence on russian gas supplies as concerns continue over whether russia could completely shut down gas flows into europe. germany s chancellor olaf scholz is in canada and has just signed a deal to form hydrogen supply chains with canada. this is seen as a positive step forward but it does not offer an instant fix as it will take some time to get the right infrastructure in place. to talk us through what s at stake. i m joined by nathan piper, head of oil & gas research at investec. thanks gas research at investec. so much for being on th! programme. thanks so much for being on the programme. so, initially it sounds positive, it is the right step for germany to take but how long will it all take to get gas through this form? to get hydrogen to be any sort of significant replacement for natural gas is going to take decades stopping hyd
Thanks so much for being on the programme. so, initially it sounds positive, it is the right step for germany to take but how long will it all take to get gas through this form? to get hydrogen to be any sort of significant replacement for natural gas is going to take decades stopping hydrogen as part of the move to net zero and part of the overall solution for our changing energy systems away from fossil fuels. certainly as we look into a winter gas crisis across europe it is no sort of solution. europe it is no sort of solution. , ., solution. so in terms of the problem solution. so in terms of the problem and solution. so in terms of the problem and the solution. so in terms of the problem and the worry - solution. so in terms of the | problem and the worry about what happens this autumn and winter, of course germany relies heavily on gas coming in from russia and many other european countries, what is the outlook was yellow the outlook is bleak. before russia s invasion of u
Their clients ask the agents to wear branded clothing, they simply ask a professional in appearance. and there is more detail of that story on our website. has industry given up on cop26? given the unusually hot weather many of us have experienced this summer, you would hope not. in november, the cop26 climate deal was lauded as, the death knell for coal power, but no one could foresee the russian invasion of ukraine at that point and the impact that would have on europe. nine months on and governments and businesses are struggling with their promises over a greenerfuture. barbara frei leads schneider electric s global industrial automation business. a warm welcome to the programme. now, obviously with the invasion of ukraine on the part of russia, that changed everything this year, post cop26. so, what impact has that had on what governments are
We begin with the cost of energy and steps being taken across europe to prepare for winter. germany is keen to push forward in reducing its dependence on russian gas supplies as concerns continue over whether russia could completely shut down gas flows into europe. germany s chancellor olaf scholz is in canada and has just signed a deal to form hydrogen supply chains with canada. this is seen as a positive step forward but it does not offer an instant fix as it will take some time to get the right infrastructure in place. to talk us through what s at stake. i m joined by nathan piper, head of oil & gas research at investec. thanks gas research at investec. so much for being on th! programme.
Lot of those are based in china or the democratic republic of the congo. canada is a resource economy but also underlines the move to net zero is going to require building links with countries that may not share our values much like those in russia but yes, in the short term we are looking at high prices stop there is no major alternative sources of gas that europe can get its hands on without high prices. the reason lng is making its way to europe is because we have got the highest prices globally and so spot cargoes are coming to rods europe which is helping in the short term but really isn t enough to replace all volumes coming from russia. fik enough to replace all volumes coming from russia. 0k nathan thank ou coming from russia. 0k nathan thank you so coming from russia. 0k nathan thank you so much coming from russia. 0k nathan thank you so much and - coming from russia. 0k nathan l thank you so much and apologies for not having your name to hand. nathan piper, who has been