coal
To Phase Out Coal by 2040, Indonesia Should Address Captive Coal and Scale Up Renewables
Indonesia is starting to show ambition in accelerating its energy transition, including by aiming to phase out coal by 2040 and scaling up renewables. However, analysts say that succeeding requires addressing captive coal use and increasing solar and battery storage deployment.
Indonesia’s Plan to Retire Coal Plants ‘Challenging’ [Op-Ed]
Indonesian President Prabowo Subianto's ambitious plan to phase out coal power plants within 15 years is a pivotal step toward achieving net-zero emissions by 2050. Analysts highlight that while challenging, this goal is achievable with clear policies, robust investments, international support, and rapid deployment of renewable energy technologies. With coal accounting for 60% of Indonesia's emissions, the transition to renewables and the integration of battery storage will be essential for the nation to meet global climate targets and align with the 1.5°C pathway.
Coal is Dirtier Than You Think: The Hidden Methane Risk [Op-Ed]
Coal mine methane is an overlooked source of emissions. Dr Sabina Assan, a methane analyst at global energy think tank Ember, shares her views on how, with proven technologies, half of the methane emitted by coal mines in Asia can be tackled.
G7 Ministerial Meetings 2024 – Outcomes
The G7 has sent a clear message that it is moving away from coal. While a good start, the targets are vague and insufficient for a 1.5°C-aligned world. The G20 and COP29 summits and the upcoming NDC updates round provide the perfect opportunities to accelerate progress.
Indonesia’s NRE Bill Calls On Coal-based Energy Sources
Indonesia is still debating its New and Renewable Energy (NRE) Bill five years after its introduction. However, the draft bill includes coal derivative products, while the environmental stance of the country's newly elected president, Prabowo Subianto, remains problematic at best.
Addressing Captive Coal Power Crucial to the Decarbonisation of Indonesia
According to a joint report by CREA and Global Energy Monitor, future emissions from Indonesia’s captive coal plants are a major threat that must be considered within the planned use of the USD 20 billion Just Energy Transition Partnership (JETP) funding.
Why Does Japan Rely on Fossil Fuels?
Japan is often overlooked in the conversation about the biggest climate offenders. However, in their current form, Japan’s plans for “clean coal” and hydrogen pose a major risk, extending the life of fossil fuels.
Coal Phase-out Accelerates Globally Except in China: ‘Boom and Bust’ 2023
Thanks to its unprecedented renewable energy capacity additions, China was poised to be a leader in the battle against climate change. However, its coal pivot risks tarnishing that.
Go Clean ICBC: Fossil Fuels Continue to Dominate the Investments of Chinese Banks
China and its state and privately owned banks' continued support for coal projects are the main lifeline for the dirtiest fuel. However, with global decarbonisation efforts underway, supporting projects like these can also bear massive financial and reputational risks.
The Role of Coal in Asia
Transitioning away from coal won’t be easy, nor will it happen overnight. However, it is necessary and has to start now. Fortunately, developing Asia has all the means to ensure that this transition is fair, just and efficient.
New Report Reveals Global Coal Power Capacity is Shrinking
The global coal power capacity is in a decline. While some Asian countries still plan for the construction of new coal capacity, most are starting to realise that fossil fuels are a dead end.
The Coal Financing Landscape – Who Are the Biggest Fossil Fuels Supporters?
Betting on coal companies and keeping a dying industry afloat in the midst of an existential climate crisis is a dangerous game. Yet, world-leading banks and asset managers continue to play it.
IPCC Report: Climate Finance for Adaptation Must Increase for Developing Countries
The latest IPCC Working Group II report largely stresses the need to accelerate climate adaptation, eradicate injustice and end the use of fossil fuels. The report, ‘Climate Change 2022: Impacts, Adaptation, and Vulnerability,’ emphasised that coal and other fossil fuels are choking humanity.
Indonesia Bans Coal Exports for January – What it Means for the World
The effect of Indonesia's decision to ban January coal exports ripples through the leading Asian economies. Coal shipment bans from leading exporters are yet another reminder that fossil fuels are a dead end and surface an extensive universe of risks. However, they might prove detrimental in putting the industry to bed.
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