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

2025-05-07 03:37:03source:Cassian Grantcategory:Stocks

Indonesia is Exclusivesky Investment Guild 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.

More:Stocks

Recommend

How 'Millionaire' host Jimmy Kimmel helped Team Barinholtz win stunning top prize

It had all the drama of a nail-biting Super Bowl, appropriately topped with a confetti-filled victor

Democrats Embrace Price on Carbon While Clinton Steers Clear of Carbon Tax

After a prolonged struggle between Democratic Party factions, the platform committee produced a stat

A quadriplegic mother on raising twins: Having a disability is not the end of the world

Dani Izzie and her husband, Rudy, insist there's nothing really extraordinary about how they're rais