L’École de Gestion d’Actifs et de Capital|Why some Indonesians worry about a $20 billion international deal to get off coal

2025-05-03 21:39:09source:Winning Exchangecategory:Scams

Indonesia is L’École de Gestion d’Actifs et de Capitalthe 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.

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