The world’s fourth most populous country and sixth-largest greenhouse gas emitter, Indonesia’s shift towards cleaner energy is crucial to the success of the Paris Agreement and attempts to limit global temperature rise to 1.5°C. But this developing country’s economy is highly dependent on coal which generates more than half its electricity and its export, primarily for use in coal-fired power plants in other Asia countries, is a major source of revenue. L. Michael Buchsbaum reports.
All posts tagged: Indonesia
Coal assets stranded in Southeast Asia
Coal is now more expensive than renewable energy – and while this is good news for the climate, it’s bad news for developing countries who have invested in coal. Renato Redentor Constantino looks at how Japan and Korea are divesting, and the IMF’s opinion on stranded assets.
Going green in South East Asia
In 2015, at an Association of South East Asian Nations (ASEAN) meeting, the governments of Southeast Asia announced a series of targets to increase the region’s share of renewables. Nicholas Newman takes a look at the progress made and remaining roadblocks.
Southeast Asia: hotspot for renewables or dumping ground for coal?
In the Association of Southeast Asian Nations (ASEAN), renewables contributed 8% to final energy consumption in 2014. Since then, the share renewable energy has only slightly increased whereas fossil fuel-powered generation is the main source for new power plants. Lars Blume and Nguyen Thi Hang illustrate why momentum in Southeast Asia is changing.