Categorie
Analysis

(Indonesia) Making Indonesia’s carbon neutrality a reality (East Asia Forum)

Abidah Setyowati, Delft University of Technology, writes for East Asia Forum: In May 2021, Indonesia’s biggest utility company, Perusahaan Listrik Negara (PLN), pledged to phase out fossil fuels by 2060 in order to achieve carbon neutrality. The announcement marks a dramatic shift in the country’s electricity policy that has long been dependent on fossil fuels, especially coal. It is a sign that decisions by major lenders — including Japan, South Korea and the Asian Development Bank — to divest from coal have severely restricted the country’s options for financing coal plant infrastructure.

go to East Asia Forum website: Making Indonesia’s carbon neutrality a reality | East Asia Forum

Categorie
Analysis

CHINA/CARBON NEUTRALITY – Assessing China’s Prospects for Carbon Neutrality (Xu Han, Sebastian Lewis, Shaun Roache, Project-Syndicate)

China’s aim to become carbon neutral by 2060 is a global game-changer, and neatly dovetails with the goal of rebalancing its economy toward consumption. A new analysis suggests that lifting the country’s consumption share to the level of advanced economies could help to reduce its emissions by more than 30% over the next two decades.

https://www.project-syndicate.org/commentary/china-rebalancing-toward-consumption-helps-carbon-neutrality-by-xu-han-et-al-2020-12