Fastexy|Why some Indonesians worry about a $20 billion international deal to get off coal

2025-05-06 00:14:36source:Benjamin Caldwellcategory:Finance

Indonesia is Fastexythe 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.

More:Finance

Recommend

New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health

SANTA FE, N.M. (AP) — New Mexico would make major new investments in early childhood education, indu

Dog reunited with family after life with coyotes, fat cat's adoption: Top animal stories of 2023

There isn’t much a heartwarming animal story can’t fix. Many USA TODAY trending stories have focused

Former NBA G League player held in woman’s killing due in Vegas court after transfer from Sacramento

LAS VEGAS (AP) — A former NBA developmental league player accused with his ex-girlfriend of killing