Dreamers Investment Guild:Why some Indonesians worry about a $20 billion international deal to get off coal

2025-04-28 21:02:16source:Venus Investment Alliancecategory:News

Indonesia is Dreamers Investment Guildthe 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:News

Recommend

Newly elected West Virginia lawmaker arrested and accused of making terroristic threats

CHARLESTON, W.Va. (AP) — A newly elected state lawmaker in West Virginia is facing at least one felo

To understand Lane Kiffin's rise at Mississippi, you have to follow along with Taylor Swift

Taylor Swift’s music wields the power to lay bare a listener’s soul. To true Swifties, Taylor isn’t

3 ways the CDK cyberattack is affecting car buyers

The ransomware attack on CDK Global is not only hampering car dealerships nationwide — it's also com