Short Wave The $20 Billion Deal To Get Indonesia Off Coal
Mar 7, 2023
Julia Simon, NPR's climate solutions reporter, analyzes Indonesia's ambitious $20 billion deal to transition from coal to renewable energy. She uncovers the paradox of constructing new coal plants while promising closures and explores the skepticism among local experts about the effectiveness of this initiative. The discussion highlights Indonesia's vital role in global coal reduction strategies, the hurdles it faces in meeting renewable targets, and the importance of transparency and stakeholder engagement in successfully navigating this transition.
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Coal-Powered Green Park
- Indonesia's president showcased a green industrial park, seemingly promoting renewable energy.
- However, the park will initially rely on coal power, raising concerns about the country's commitment to green energy.
$20 Billion Coal Transition Deal
- Indonesia received a $20 billion deal to transition from coal to renewable energy.
- Despite this, internal concerns exist due to the country's continued reliance on coal for electricity.
Indonesia as a Model
- Indonesia's coal phase-out deal serves as a potential model for other developing nations.
- The deal's success is crucial, as similar deals are planned for countries like South Africa, Vietnam, and India.