Current:Home > FinanceWhy some Indonesians worry about a $20 billion international deal to get off coal -Edge Finance Strategies
Why some Indonesians worry about a $20 billion international deal to get off coal
View
Date:2025-04-24 10:58:14
Indonesia is the world's largest exporter of coal for electricity. And it's also an emerging economy trying to address climate change. The country recently signed a highly publicized, $20 billion international deal to transition away from coal and toward renewable energy. The hope is the deal could be a model for other countries.
But Indonesian energy experts and solar executives worry much of this deal may be "omong kosong" — empty talk. They say despite Indonesia's renewable aspirations, the country has many coal-friendly policies which this deal might not address, including an exemption to build more coal plants.
This episode was produced by Liz Metzger, edited by Rebecca Ramirez and fact-checked by Anil Oza. Alex Drewenskus was the audio engineer.
veryGood! (576)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Woman who fell trying to escape supermarket shooting prayed as people rushed past to escape
- Horoscopes Today, September 6, 2024
- Bachelorette’s Jonathon Johnson Teases Reunion With Jenn Tran After Devin Strader Drama
- Meet first time Grammy nominee Charley Crockett
- Apalachee High School shooting suspect and father appear in court: Live updates
- Apple juice sold at Walmart, Aldi, Walgreens, BJ's, more recalled over arsenic levels
- Here’s What Leah Remini and Angelo Pagán Are Seeking in Their Divorce
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Kourtney Kardashian Shares Sweet Family Photos of Sons Rocky and Reign
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Why Ben Affleck Is Skipping Premiere for His and Jennifer Lopez’s Movie Amid Divorce
- Meghann Fahy Reveals Whether She'd Go Back to The Bold Type
- Meghann Fahy Reveals Whether She'd Go Back to The Bold Type
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Jannik Sinner advances to US Open final as Jack Draper vomits, battles heat
- Michigan judge loses docket after she’s recorded insulting gays and Black people
- Jennifer Lopez Rocks Revenge Dress at TIFF Premiere of Her and Ben Affleck’s Film Amid Divorce
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
A Georgia fire battalion chief is killed battling a tractor-trailer blaze
Bull that escaped from Illinois farm lassoed after hours on the run
Mbappé could face a hostile home crowd when France hosts Italy in the Nations League
The Grammy nominee you need to hear: Esperanza Spalding
Hundreds of places in the US said racism was a public health crisis. What’s changed?
Montana Gov. Gianforte’s foundation has given away $57 million since 2017. Here’s where it went.
Watchdogs ask judge to remove from Utah ballots a measure that would boost lawmakers’ power