March 28, 2018 Read More →

The Other Country Crucial to Global Climate Change: Indonesia

The Diplomat:

Indonesia’s size makes it crucial to the global climate. Quite simply, there is no hope without action in the archipelago. Right now the focus is on forests, but in the future, its energy usage could be just as important. The other risk is, of course, to Indonesia’s economy. If its neighbors move toward clean energy and Jakarta sticks to coal, gas, and oil, the costs to public health and the environment could be huge. A study from the Institute for Energy Economics and Financial Analysis (IEEFA) echoed that fear. The irony would be that Jokowi’s economic development plans could actually fail if they don’t consider the costs of sticking to dirty energy.

“Renewable energy is already cheaper than coal in many markets around the world, and Indonesia can benefit hugely from this trend,” said Yulanda Chung with IEEFA in a press statement. “We think Indonesian planners are far less ambitious than they could be in development of solar, especially, and that a more progressive and modern approach would be in the best economic interest of the country.”

The Other Country Crucial to Global Climate Goals: Indonesia

Posted in: IEEFA In the News

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