B-20 wraps up with deals on green energy, electric vehicles and more
Indonesia, for its part, has been working to refocus the country’s economy toward the production of value-added goods and clean power.
Energy
US, Japan mobilise $20 billion to move Indonesia away from coal
To access the grants and concessional loans, Indonesia has committed to capping emissions at 290 million tonnes by 2030.
India submits its low emission development strategy to UNFCCC
A three-fold increase in nuclear capacity by 2032 is one of the milestones envisaged alongside the overall development of the power sector.
KPMG Singapore launches decarbonisation hub to speed up Asean’s energy transition
Projects that the hub is working on include retiring coal-fired power plants and replacing diesel with renewable energy, among others.
Korea declares road map to become hydrogen industry powerhouse
The government will support businesses with hydrogen technology to enter overseas markets and expand both public and private investments.
Going heavy on metals: Jokowi vows to keep minerals at home
Jokowi said it is critical to building a “big ecosystem” of nickel downstreaming instead of only exporting raw materials.
New local taxes cast shadow on Japan’s solar-power drive
Among others, the Miyagi prefectural government announced it would tax businesses that clear forests for installing renewable energy facilities.
Australia’s impossible climate juggling trick
“It wants to be a ‘green energy superpower’ while remaining one of the largest fossil fuel exporters in the world”, the author writes.
Renewable energy records rapid surge
China has been actively implementing measures to realise goals of peaking carbon emissions before 2030.
TEPCO mulls household rate hike
Five other major power utilities are also considering similar price hikes, in the face of deteriorating business performance due to surging fuel prices and the yen’s weakening.