Current:Home > MarketsWhy some Indonesians worry about a $20 billion international deal to get off coal -Wealth Evolution Experts
Why some Indonesians worry about a $20 billion international deal to get off coal
View
Date:2025-04-17 20:22:06
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! (4215)
Related
- A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
- JD Vance charted a Trump-centric, populist path in Senate as he fought GOP establishment
- Understanding IRAs: Types and Rules Explained by Builders Legacy Advance Investment Education Foundation
- Builders Legacy Advance Investment Education Foundation: The value of IRA accounts 4
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- What Trump's choice of JD Vance as his VP running mate means for the Senate
- Organizers expect enough signatures to ask Nebraska voters to repeal private school funding law
- Whoopi Goldberg Reveals She Scattered Her Mom's Ashes on Disneyland Ride
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Why a London man named Bushe is on a mission to turn his neighbors' hedges into art
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- North Carolina House Democratic deputy leader Clemmons to resign from Legislature
- Sniper took picture of Trump rally shooter, saw him use rangefinder before assassination attempt, source says
- Johnny Depp Is Dating Model Yulia Vlasova
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Traces of cyanide found in cups of Vietnamese and Americans found dead in Bangkok hotel, police say
- Bears finally come to terms with first-round picks, QB Caleb Williams and WR Rome Odunze
- Arkansas is sued for rejecting petitions on an abortion-rights ballot measure
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Christina Hall and Josh Hall Do Not Agree on Date of Separation in Their Divorce
In Alabama’s Bald Eagle Territory, Residents Say an Unexpected Mining Operation Emerged as Independence Day Unfolded
Three days after attempted assassination, Trump shooter remains an elusive enigma
Connie Chiume, South African 'Black Panther' actress, dies at 72
Secure Your Future: Why Invest in an IRA with Quantum Prosperity Consortium Investment Education Foundation
Builders Legacy Advance Investment Education Foundation: Empowering Investors Through Innovation
Unveiling the Builders Legacy Advance Investment Education Foundation: Empowering Investors for Financial Mastery