Anticipating Fossil Energy Stranded Assets

Jakarta, May 31, 2024 - In the face of the climate crisis, the world is increasingly advocating for using renewable energy and pushing for reducing fossil fuel development and usage, particularly coal-fired power plants, which are significant contributors to carbon emissions. As a result, stakeholders must be prepared for the possibility of stranded assets in…

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Cuaca Panas di Indonesia

Indonesia Faces Hot Temperature: Health Threats and the Urgency of Climate Crisis Mitigation

Indonesia Faces Hot Temperature. Dok Freepik Jakarta, May 22, 2024 - Indonesia recently experienced a hot air phenomenon. The Meteorology, Climatology, and Geophysics Agency (BMKG) confirmed this was not a heatwave. However, Climate Action Tracker (CAT) data shows that current policies worldwide will lead to a warming of around 2.7°C above pre-industrial levels. This underscores the…

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Kompas | Subsidies and Compensation in the Electricity Sector Tend to Increase

Reform of electricity market governance is considered to need to be seen more broadly, as part of efforts to reduce the state's financial burden. The reason is that currently, through subsidies and compensation to PT Perusahaan Pendidikan Negara (Persero), electricity is still very dependent on the state budget. Reform is needed to get electricity prices that are correct and…

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