Grappling with funding challenges for the early retirement of coal-fired power plants, Indonesia is shifting gears in emissions reduction by endorsing the adoption of CCS technology, biomass, and green ammonia for power plants.
The Indonesian government has allowed the investigators to halt the customs’ criminalization and replace it with fines, a strategy that can be seen as a red carpet for customs swindlers.
Indonesia claimed greenhouse gas emissions stayed the third lowest among G20 member countries, thus allowing the government to employ a firm decarbonization policy.
Concerns grow over the EU's 2026 carbon border tax and its potential adoption by other developed countries, presenting risks for Indonesia's vital exports.