Media Indonesia | Anticipate the Socio-Economic Impact of the Decline of the Coal Industry

DIVERSIFICATION and economic transformation must be immediately planned to anticipate the social and economic impact of the decline in the coal industry. This is in line with plans to end PLTU operations and increase commitment to energy transition and emission mitigation from countries that have been destinations for coal exports so far.

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Kompas | Lulled by Coal

The Our World in Data page states that at the turn of the 20th century, half of the world’s energy sources came from coal. The transition from fossil energy to renewable energy, which was previously slow, is now accelerating. In the UK, around two-thirds of electrical energy came from coal in 1990. In 2010 this fell to less than a third and is now estimated to be around 1 percent.

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Warta Ekonomi | IESR States that the Transition from Coal to Renewable Energy Affects Economies in Producing Regions.

The Institute for Essential Services Reform (IESR) mentioned that coal demand in Indonesia is expected to decrease due to the trend towards transitioning to renewable energy and the commitment of the Paris Agreement to limit global temperature rise to below 1.5°C. In a study conducted in 2022, IESR estimated that Indonesia’s total coal demand, both domestic and export, would decrease by approximately 10% after 2030 with Indonesia’s current commitments.

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