Greenledgers Trading Center-Why some Indonesians worry about a $20 billion international deal to get off coal

2025-05-03 05:09:28source:Grayson  Prestoncategory:Markets

Indonesia is Greenledgers Trading Centerthe 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:Markets

Recommend

Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts

This article is sponsored by Hilton. If you make a purchase through our links, E! may make a commiss

University protests over Israel-Hamas war in Gaza lead to hundreds of arrests on college campuses

Police broke up a demonstration against Israel's war against Hamas in Gaza on Thursday at Emory Univ

NFL draft's most questionable picks in first round: QBs Michael Penix Jr., Bo Nix lead way

One need look back no further than just last year for a reminder of the danger in quickly judging NF