The energy transition requires a large investment. The total investment in the electricity sector is projected at one trillion US dollars by 2060 or 25 billion US dollars per year. One of the ways that the government has taken to address the climate is the implementation of a carbon tax, which was created through the Law on the Harmonization of Tax Regulations which will come into force on April 1, 2022
Read more at IDN Times
The Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa said that the government’s policy to ban coal exports was an important lesson for Indonesia. The government needs to speed up verification of electricity sources by encouraging more NRE to enter the system and encouraging demand side management in order to reduce the burden of electricity supply
Read more at Koran Jakarta
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