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New UserSoutheast Asia’s Biggest Economy Needs $37 Billion to Shut Coal-Fired Plants
13 Oct 2022
·
Indonesia could phase down from
coal plants earlier by 2040
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Early retirement of 118 coal plants
will save 1.7G tons of CO2
That $37 billion worth of financing
would be enough to buy out future revenues of 118 existing coal plants and up
to 10 years of contracted coal power generation, meaning Southeast Asia’s
largest economy could wean off the fuel by 2040, climate analytics company TransitionZero said
in a report. That’s a decade earlier