Indonesia may need $37 billion to shut down its coal-fired power plants to wean off the fuel by 2040, climate analytics company TransitionZero said in a report. The mentioned amount would be needed to buy out future revenues of 118 exisiting coal plants and up to 10 years of contracted coal power generation. The early retirement of 118 plants is expected to save 1.7 gigatonnes of carbon dioxide.
Leave a Reply