tv World Business Report BBC News November 15, 2021 5:30am-6:01am GMT
this is bbc news with the latest business headlines for viewers in the uk and around the world. not far enough: business leaders express their frustration at the cop26 climate compromise. india re—opens its borders to foreign tourists, providing the hospitality sector with a much—needed shot in the arm. it's one of the most important questions this time of the year — will there be enough turkeys for christmas? we have the answer.
let's get down to business. a deal that doesn't go far enough — that's the conclusion from some business leaders, who side with climate activists following the cop26 climate summit in glasgow. the watered—down agreement to phase down the use of coal is seen as a landmark moment, though national governments were not moving aggressively enough. the head of the international chamber of commerce and the cbi both spoke to the financial times and said pressure needs to remain on global leaders to keep the 1.5 degrees celsius target in sight. a large number business leaders attended the glasgow summit. helen mountford is vice president of climate and economics at world resources institute. she was also there. helen, good to have you on the programme. since the deal emerged late saturday, there has been so much analysis. we have heard a lot about various people's
disappointment. your reaction to the deal?— to the deal? the deal is what it is, it is _ to the deal? the deal is what it is, it is as _ to the deal? the deal is what it is, it is as imperfect - to the deal? the deal is what it is, it is as imperfect as - to the deal? the deal is what it is, it is as imperfect as it i it is, it is as imperfect as it is, is what alok sharma said, but it lays out a clear mode but it lays out a clear mode but for what we need to do next, and urgently. i give a clear roadmap. we knew there were two big doubts, one on reducing emissions in a way which will actually keep global warming below 1.5 celsius, the other on international climate finance and solidarity for developing countries. despite everything that countries did, they weren't able to close those gaps at all sufficiently, and they recognise that, so they agreed to come back urgently next year to do more. so that in itself, it was not enough at all there but they recognise urgency and they have set up a plan of how to close those gaps, which is as much as we can hope for at this time. as much as we can hope for is what we are having to take away from cop26 but in terms of
business leaders but also climate activists saying pressure has to remain on global leaders in the run—up to reconfiguring in —— reconvening in one year's time. we reconfiguring in -- reconvening in one year's time.— in one year's time. we need to hold them _ in one year's time. we need to hold them to _ in one year's time. we need to hold them to account, - in one year's time. we need to hold them to account, not - in one year's time. we need to hold them to account, notjust| hold them to account, notjust for what they have committed to already but they have agreed to come back with more but we need to hold them to account week after week. monday, we need to see they are back in their offices and taking action. i would say the same is true for business leaders. had a remarkable number of business leaders in the finance making commitments themselves to align their work, with what they are doing with net zero by 2050. that's fantastic but we need to see that they set clear science —based targets to get there, interim targets, what are they going to do by 2025, 2030, that they have very clear, accountable ways of actually presenting the results and their progress so that their shareholders and consumers and others can hold them to account also, all eyes are also on
business leaders, notjust the government leaders. i business leaders, not 'ust the government leaders._ business leaders, not 'ust the government leaders. i was about to say that _ government leaders. i was about to say that because _ government leaders. i was about to say that because it _ government leaders. i was about to say that because it was, - government leaders. i was about to say that because it was, as . to say that because it was, as you say, impressive to a degree to see that business leaders, people from the finance sector, who were represented in glasgow but do you feel that when it comes to big corporations coming up with their results on a quarterly basis, they should be actually legally bound to show what their record is on sustainability, on the environment, and those kind of issues. ~ , , ~ ., issues. absolutely. we are makinu issues. absolutely. we are making great _ issues. absolutely. we are making great progress - issues. absolutely. we are making great progress in l issues. absolutely. we are making great progress in ai making great progress in a number of countries now i'm making it mandatory that companies, corporate, need to report their risk associated with climate change and climate in action because there is a recognition that these are real financial risks so just as they report other financial risks in their activities, they should actually be doing this on a rigorous basis and it should be mandatory. it is not there yet and it's something that i think countries should be thinking
about over this next year. how do they make it more mandatory or mandatory to actually report these kind of risks and the actions that companies are taking to actually deliver climate action.— taking to actually deliver climate action. 0k, helen mountford. _ climate action. 0k, helen mountford, we _ climate action. 0k, helen mountford, we appreciate climate action. 0k, helen - mountford, we appreciate your time early this morning, joining us from the world resources institute. hydrogen has been hailed as a future clean fuel and in an effort to tackle climate change, many governments are making it a key part of their emission—cutting plans. the unusual thing about it is consuming hydrogen doesn't produce greenhouse gases. the problem, though, is most of the world's hydrogen is made from fossil fuels. still, denmark is making a big bet on green hydrogen as a part of its ambitious climate plans as adrienne murray, who is in the west of the country, has been finding out. these giants of renewable energy power over the danish countryside. bearing project
offers what might be a glimpse offers what might be a glimpse of the future. this enormous turbine is harnessing energy from the wind. and that power is being used to produce another type of clean fuel, hydrogen gas. the pilot plant is not connected to the grid. and the green hydrogen made here supplies local taxes. we can produce _ here supplies local taxes. - can produce maximum like eight kilos per hour with the equipment you see behind me so it is extremely small but nevertheless eight kilos is actually what a car could drive eight kilometres on. the need to slash our — eight kilometres on. the need to slash our carbon _ eight kilometres on. the need to slash our carbon emissions| to slash our carbon emissions has brought hydrogen increasingly into focus. the aood increasingly into focus. the good thing _ increasingly into focus. the good thing with _ increasingly into focus. tue: good thing with hydrogen, increasingly into focus. tta: good thing with hydrogen, when you burn it you actually do not get the c02 you burn it you actually do not get the co2 emissions so what comes out of the exhaust is water instead of the nasty stuff we see today. today, most hydrogen. _ stuff we see today. today, most hydrogen. 9596. _ stuff we see today. today, most hydrogen, 9596, is— stuff we see today. today, most hydrogen, 9596, is made - stuff we see today. today, most hydrogen, 9596, is made using l hydrogen, 95%, is made using fossilfuel. green hydrogen however is produced from water
and renewable electricity. this facility makes electoral rises, the technology needed to produce it. the technology needed to produce it-_ the technology needed to produce it. the technology needed to roduce it. ~ , , ., ., produce it. we split water into h drouen produce it. we split water into hydrogen and _ produce it. we split water into hydrogen and oxygen. - produce it. we split water into hydrogen and oxygen. so - produce it. we split water into| hydrogen and oxygen. so what this does is through electricity, we can actually take out the hydrogen molecule from h20. , ., take out the hydrogen molecule from him-— from h20. hydrogen has been touted as _ from h20. hydrogen has been touted as a — from h20. hydrogen has been touted as a climate _ from h20. hydrogen has been touted as a climate solution i touted as a climate solution before but it has not really taken off. proponents say it is a different picture today. the differences _ a different picture today. tt2 differences climate. the need to react rapidly on the climate change. renewable electricity resources have become available in a much deeper volume than before that in the past and also become much cheaper. hydrogen has many uses, particularly in heavy industry. in the uk, there are plans to heat homes, it can also store excess energy from wind or solar. transport, like buses and trains already run off it, and trains already run off it, and in copenhagen it drives the fleet of more than 100 taxis.
danish firm everfuel fleet of more than 100 taxis. danish firm ever fuel is fleet of more than 100 taxis. danish firm everfuel is making a big bet on green hydrogen and running out a network of fuelling stations. taste running out a network of fuelling stations. we see it as for taxis and _ fuelling stations. we see it as for taxis and then _ fuelling stations. we see it as for taxis and then buses, - fuelling stations. we see it as| for taxis and then buses, there is quite a few hydrogen buses on the market now. the long haul is a real struggle with arteries because the grid cannot supply enough and they have to charge four hours and the batteries way too much. dozens of new green hydrogen plants are now on the horizon but much needs to be done if the hopes for this new, clean fuel can live up to the hype. adrienne murray, bbc news, jutland. let's get some of the day's other news. news from airbus at the dubai airshow — the company received an order for 255 new aircraft from indigo partners, an american private equity firm. it's the european planemaker's first significant deal since the pandemic ripped through the travel industry. japan's gdp contracted an annualised 3% betweenjuly
and september, hammered by the global supply chain disruption and a covid—19 resurgence. private consumption, which makes up more than half of the economy, fell by 1.1% during a virus state of emergency in the summer. china's third stock market has just gone online. the shares of 81 companies are being traded on the beijing stock exchange. the new bourse has been launched to support fundraising by small— and medium sized—companies. more now on the rising covid infection rates in parts of europe. you've been hearing austria today has introduced a new lockdown — this follows a similar move in the netherlands this weekend. dutch vaccination rates are relatively high, with more than 82% of over 12s fully immunized, —— with more than 82% of over 12s fully immunised,
but covid infection rates are climbing rapidly and, as countries begin to lock down again, what does this mean for businesses? anna holligan sent this report from the hague. many of the people who run these venues believe they and their customers are being unfairly paralysed. they have been checking the qr code covid passes, making sure people keep their social distances and get, bars, restaurants and cafes have to call last orders before eight p.m.. and they believe that actually, there is a greater risk if people are heading home to house parties, where there is a greater chance of the infection being transmitted. and actually, the new rules so people can have a maximum of four houseguests a day but of course, that rule is especially hard to patrol and the supermarkets have been packed with people stopping up on crates of beer and wine and snacks tried to make sure they can keep their social lives
alive. it is hoped this level of lockdown could stop a full—blown lockdown in the future. the icu beds are reaching capacity and there was talk of transferring patients over the border to germany for treatment but actually, german hospitals say they are also struggling during his fourth wave and they will not be able to accept any dutch patients. but theatres, cinemas and events will not have to adhere to those early closing times. sports events can still go ahead but without the fans. schools are still open and people can move around freely. those record—breaking figures are a real worry and it's hoped this level of lockdown, very limited one but only really affects evening hours, will be enough to allow people to come back together, come out of isolation at a time when people are more than ever craving
togetherness. anna holligan in the hague. as many europeans are being forced to stay at home india is re—opening its borders to foreign tourists 19 months after it stopped issuing visas due to the pandemic. it's a major boost to the country's hospitality sector, made possible by a substantial improvement in the coronavirus situation. tourism contributes almost 7% to india's gdp and is also responsible for millions of jobs in the hospitality sector. so will it bounce back to pre—pandemic levels? joining me now is puneet chhatwal, ceo of ihcl — the indian hotels company — which runs taj hotels and international properties and is part of tata group. a warm welcome to the programme. what is your expectation in terms of your hotels? are you seeing bookings up? hotels? are you seeing bookings
u . ? , ., ., ., hotels? are you seeing bookings u? ., ., ~' hotels? are you seeing bookings up? good morning, thank you for havin: up? good morning, thank you for having me- _ up? good morning, thank you for having me- i— up? good morning, thank you for having me. i think— up? good morning, thank you for having me. i think we _ up? good morning, thank you for having me. i think we are - having me. i think we are seeing month on month recovery and, as we heard just the previous speaker in the narrative, but people are really wanting to go out. there is a lot of pent—up demand and what we have witnessed on the subcontinent is that travel has been primarily led by inaudible and people are beginning to discover their own country and people are on the roads, driving two different locations, especially the resorts, and air traffic on the domestic front has picked up and in some cities that has reached a pre— covid level but all in all, very positive news which has a direct correlation to the vaccination drive which has been phenomenal in india, and i do see demand reaching
almost pre— covid levels on the domestic front stop the latest announcement today for opening international travel should help the industry come back on its feet. th help the industry come back on its feet. , ., , ., , its feet. in terms of people cominu its feet. in terms of people coming to _ its feet. in terms of people coming to india _ its feet. in terms of people coming to india from - its feet. in terms of people i coming to india from outside, foreign tourists, what other restrictions in place? as you are hearing, we've got covid infection rates going up across europe and other parts of the country and you do not want to import it again, do you? absolutely right, so vaccination, i think if you are vaccination, i think if you are vaccination and you have both doses, then you are supposed to self monitor yourself for 1h days but there is no quarantine anymore. and i think that could help and encourage travel. like i am talking to you, i am heading a think tank of the world tourism forum in switzerland and we have the same kind of protocol and i think more and more countries will come together and align
themselves on the protocol for travel so that the safety and security is not compromised either by the travellers or for the citizens of the country. t the citizens of the country. i was going to ask you build confidence in foreign travellers? we remember well the images and the devastating impact covid had across india. well, you know, there is a certain challenge. no—one knows about the third wave, the impact. i think after 20 months, people are coming to a point where they are learning to live with this pandemic and as the pandemic moves into an endemic phase, i think the travel activities start in full swing. travel activities start in full swina. �* ~ swing. all right. well, we shau swing. all right. well, we shall keep _ swing. all right. well, we shall keep a _ swing. all right. well, we shall keep a close - swing. all right. well, we shall keep a close eye. i
puneet chhatwal. stay with us on bbc news. still to come: for many, it's one of the most important questions this time of the year — will there be enough turkeys for christmas? we have the answer. benazir bhutto has claimed victory in pakistan's general election, and she's asked pakistan's president to name her as prime minister. jackson's been released on bail of $3 million after turning himself in to police in santa barbara. it was the biggest i demonstration so far of the fast—growing european anti—nuclear movement. - the south african government has announced that it's opening the country's remaining whites—only beaches to people of all races. this will lead to a black
majority government in this country and the destruction of the white civilisation. part of the centuries—old windsor castle, one - of the queen's residences, has been consumed by firej for much of the day. 150 firemen have been battling the blaze, which has caused i millions of pounds worth of damage. | this is bbc news. the latest headlines: in austria, a lockdown comes into effect for people who aren't fully vaccinated against covid—19. anti—terror police make three arrests after an explosion outside a maternity hospital in liverpool. one person was killed. there will be enough turkeys for christmas — that's the message from british poultry council, who say around 2500—3000 workers from the eu have been recruited under the government's scheme to address staff shortages
in the supply chain. that's only around half of the 5,500 temporary visas that were made available but the industry says it should be able to cope although there will be less choice than usual, as our our business correspondent emma simpson reports. christmas is coming and the turkeys are nice and fat. after months of worry, paul kelly's now got his seasonal workers, including 22 of them, through the temporary visas scheme. zg�*s the temporary visas scheme. 2096 of our workforce _ the temporary visas scheme. 2096 of our workforce so _ the temporary visas scheme. 2096 of our workforce so it _ the temporary visas scheme. 213923 of our workforce so it was very touching. many sleepless nights up touching. many sleepless nights up until the last week in september when we got the green light. september when we got the green lirht. , ., , september when we got the green liuht. , , light. christmas has been saved. christmas - light. christmas has been saved. christmas has - light. christmas has been l saved. christmas has been light. christmas has been - saved. christmas has been saved at this point _ saved. christmas has been saved at this point in _ saved. christmas has been saved at this point in time. _ saved. christmas has been saved at this point in time. more - at this point in time. more than 2500 _ at this point in time. more than 2500 and _ at this point in time. more than 2500 and three - at this point in time. more i than 2500 and three workers will be arriving in the uk in
the coming days. that's about half as many as the industry originally was asking for. but it should be enough, partly because a few birds have been reared this year because some farmers were worried about getting enough staff. so will they be enough turkeys to go round? , , , round? they will definitely be enou:h round? they will definitely be enough turkeys _ round? they will definitely be enough turkeys for _ round? they will definitely be enough turkeys for christmas | enough turkeys for christmas was not i think there will be a focus on whole birds and very simple crowns and roasts. this streamlining of our product choice has helped us in terms of overall volume.— choice has helped us in terms of overall volume. amid all the su- -l of overall volume. amid all the supply chain — of overall volume. amid all the supply chain problems, - of overall volume. amid all the j supply chain problems, turkeys at least are now back on track but the industry's calling for a permanent solution to ensure it gets the seasonal workers its needs. emma simpson, bbc news, chelmsford. more on holding big business accountable when it comes to their carbon footprint.
when the uk's largest supermarket, tesco, began labelling the carbon footprints of its products in 2014, it soon had second thoughts. finding the scheme labour—intensive and confusing for customers, it decided not to proceed any further. but less than a decade later, carbon—labelled products are making a massive comeback. however calculating the carbon footprint of an individual product can be a complex task. with no legislation currently in place, brands undertaking carbon labelling do so on a voluntary basis. joining me now is huthones, md of advisory services at the carbon trust. good morning to you. first of all, just explain what carbon labelling is. what we find out when we look at one of these labels? ., ,., ., , , labels? carbon labelling is about communicating - labels? carbon labelling is about communicating the | labels? carbon labelling is- about communicating the climate change impact of a product or service at the point of purchase or consumption. what it really involves is
calculating what we call the life—cycle carbon emissions, greenhouse gas emissions, actually, of the product or service stop so including the way it was made, the materials that went into making it, its production distribution and then also its consumption and in some cases how it is disposed of. and it is all about calculating that and communicating it in a meaningful way with the product itself was not and tesco's some time ago tried it, found it very difficult. t time ago tried it, found it very difficult.— very difficult. i think communication - very difficult. i think communication is i very difficult. i think. communication is key very difficult. i think- communication is key because very difficult. i think— communication is key because if all different companies and brands do their own labelling, you can't really compare like would like, it becomes difficult, doesn't it? yes, you need something _ difficult, doesn't it? yes, you need something for— difficult, doesn't it? yes, you. need something for consumers difficult, doesn't it? yes, you - need something for consumers or customers to compare but you also need information, so it really needs to vary and be the right context for the right product. for example, ifi right context for the right product. for example, if i was buying a meat substitute product, it would be really useful to tell me not
necessarilyjust useful to tell me not necessarily just what's the emissions of that subsidy of products but how does it compare to a chicken or beef equivalent type of product. so it's really, the value of it is really in the context of how it is explained. really in the context of how it is explained-_ is explained. and also, as consumers, _ is explained. and also, as consumers, we _ is explained. and also, as consumers, we are - is explained. and also, as - consumers, we are demanding this more than ever now, aren't we? cop26 has dominated our headlines for nearly two weeks and we want to play our part. that is absolutely right. so at the carbon trust we do a lot of research into this area and broadly speaking, two—thirds of consumers in most markets approve of this and they want this but it has to be said that at least a half of consumers in most markets won't currently base their purchasing decisions on the carbon footprint or product or service. nevertheless, most people are supportive of it. the nevertheless, most people are supportive of it.— supportive of it. the problem is, supportive of it. the problem is. though. — supportive of it. the problem is. though. on _ supportive of it. the problem is, though, on a _ supportive of it. the problem is, though, on a product- supportive of it. the problem is, though, on a product that| is, though, on a product that is, though, on a product that is fairly small with limited packaging, you need a lot of information on there, don't
you? especially if it is a food item. you have calories, various bits in there, whether it's sugar intake or not, and thenif it's sugar intake or not, and then if you add carbon emissions as well, that's and —— a lot of information to get on something that is quite small. ., on something that is quite small. . .. , , small. there are cases where some food — small. there are cases where some food products - - small. there are cases where some food products - there l small. there are cases where i some food products - there was some food products — there was a competition, if you like, real estate on the label. nevertheless, we found that products that could be seen, which are seen as being high performing and where the manufacturers want the consumers to know about that, they have been able to use imaginative ways to communicate. for example, you could have a small label with some messaging on the pack stop you could then back that up with point—of—sale information or very often website information and increasingly, the use of codes to actually click and scan more information. we are now seeing... i mean, you talked about the example of tesco's ten or so years ago. things have really moved on. there is a lot more demand for all sorts
of companies and consumers for carbon labelling now and at the carbon trust we are working with people ranging from tetra pak cartons through to nestle and corn food products. we have nicaraguan rum, electronic devices, all carrying a label and they are all using different ways to communicate the carbon impact. the question is, though. _ the carbon impact. the question is. though. we _ the carbon impact. the question is, though, we need _ the carbon impact. the question is, though, we need a _ the carbon impact. the question is, though, we need a label- the carbon impact. the question is, though, we need a label as l is, though, we need a label as consumers that we can trust, don't we? there is a lot of concern about so—called green washing, isn't there? absolutely. there are a lumber of labels out there which are based on robust standard —— number. when you dig into these labels that are based on standards, the numbers can be trusted. you are actually right, this won't get anywhere unless consumers can actually have some faith in the numbers they are seeing. mt have some faith in the numbers they are seeing.— they are seeing. all right. take you _ they are seeing. all right. take you so _ they are seeing. all right. take you so much, - they are seeing. all right. take you so much, hughl they are seeing. all right. - take you so much, hugh jones, take you so much, huthones, managing director of advisory
services at the carbon trust. thank you, too, for your company as well. we are out of time, as hugh figured out there with my interruption. have a lovely day and we will see you soon. hello. we've had some drizzle and patchy light rain across parts of east anglia and south east england this afternoon but the main rain band is pushing into the north and west of scotland. we can see it here on the earlier satellite picture, this bank of cloud, and it will continue on its journey south and eastwards through this evening and overnight. some heavy and persistent rain also pushing into parts of northern ireland. it will be weakening as it moves its way south and eastward but we could see some patchy rain into the far north of england by dawn. further south, there will be some drizzle, particularly for western and eastern coasts and also over hills. there could be a few clearer slots across southern england, allowing temperatures to drop to 5 or 6 celsius. for most, it is a mild night with the lows between 7 and 10 celsius, and that is the theme, really, for the week ahead. staying mild both by day and by night and most of the rain will be in the north and west of scotland.
so into monday, we've still got this front lingering, but it's running into an area of high pressure, so it's weakening all the while. still a lot of cloud on it, still some patchy rain through monday morning across parts of southern scotland, initially, into northern england, maybe parts of wales, the far south—west of england. behind it, something much brighter with some sunshine across a large swathe of scotland and northern ireland, but ahead of it, still a lot of cloud for much of england and wales with highs of 11—13 celsius. then through monday evening and overnight, the cloud base likely to lower across much of england and wales, bringing some patchy drizzle but more persistent rain will be starting to approach the north and the west of scotland and the winds will be strengthening as well — you can see the isobars much closer together here — so some wetter, windier weather through tuesday across northern ireland and northern and western scotland. that will tend to weaken as the day wears on but some of that rain heavy and persistent. across england and wales, it should be mainly a dry day. maybe a few bright or sunny spells, but certainly a lot of cloud and highs again on tuesday typically 10—13
celsius. as we look a little bit further ahead, well, it looks like that frontal system that we see on tuesday will be sliding its way across the uk, but once again running into high pressure, so most of the rain will tend to fizzle out and behind it, what we start to see is some slightly cooler air digging in, so the chance of some showers across northern and western scotland on wednesday and they could well be wintry over the highest ground. but essentially, for much of the week ahead, it's looking mostly dry, if rather cloudy, mild by day and night, and much of the rain across the north and west of scotland.
good morning, welcome to breakfast with dan walker and sally nugent. 0ur headlines today. the fatal car explosion outside a liverpool hospital — m15 are called in to help with the investigation after one man died. liverpool women's hospital remains cordoned off this morning. properties are still being searched at several locations here in liverpool. in one area some homes had to be evacuated. three people have been arrested under the terrorism act. six months after a damning report into the bbc�*s handling of princess diana's 1995 panorama interview, her brother tells this programme he believes there's more to come out. it's clear to me that there are certain people who were in the bbc