JAKARTA — Indonesia says it will begin retiring coal-fired power plants for good — while still continuing to build more than a hundred new ones, in the latest mixed message from one of the last coal-friendly countries in the world.
Indonesia’s latest climate ambitions have been welcomed by experts. But work lies ahead to clean up the country’s murky renewables policy environment and remedy shortcomings in its energy plans.
Cambodia’s government has granted permission for a new special economic zone (SEZ) and coal-fired power plant within the lush Botum Sakor National Park in coastal Koh Kong province. The SEZ would create another loosely regulated industrial area within a biodiverse primary forest.
Indonesia, the world’s largest thermal coal exporter, has decided to stop approving new coal-fired power plants with an aim of cutting emissions and expanding renewable energy sources.
TEMPO.CO, Jakarta – Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan said the Indonesian government is gradually shutting down the operation of coal-fired power plants. The government will instead focus on developing new and renewable energy.
Thailand is not moving away from the use of coal power fast enough, Greenpeace has claimed, insisting that the transformation towards clean energy must start now if climate change is to be averted on the road towards a target of net zero greenhouse gas emissions by 2050.
Cambodia generated more than $21 million in non-fiscal revenue from the mining sector in 2020, up slightly from the previous year.
BNN Bloomberg, Canada’s business news network reporting on finance and markets, has recently published an article highlighting the extraordinary 100-fold increase in solar power that has taken place in Vietnam over the last two years.
JAKARTA — Indonesia says it will stop building new coal-fired power plants after 2023 to meet its carbon-neutral goals — but the more than 100 plants to be built by then will still be churning out CO2 decades after that.
Indonesia’s coal industry is running out of options. The pot of money for coal power is drying up. On Apr 22, South Korea announced it will no longer provide financial support for overseas coal projects. China seems to be the only country willing to provide the immense financial aid that Indonesia’s bloated coal industry needs […]