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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. On the other hand, Indonesia also needs to consider measures to accelerate the growth of renewables within this decade.

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Nornickel presents market review of nickel and platinum group metals

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This is primarily due to a significant surplus in the Class 2 market that occurred in 2022 and is expected to remain throughout 2023-2024, mainly owing to growing production of low-grade nickel in Indonesia. Nornickel remains the largest high-grade nickel producer with one of the lowest carbon footprints. Mt to 3.22

Market 304
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Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

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Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. The field work was conducted by Meo Carbon Solutions. Schematic of a belt filter press.

Oil 244
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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When peat swamps are drained for agriculture, the peat begins to decompose, and is an enormous source of carbon emissions. Mha (20%) of the peatlands of Peninsular Malaysia, Sumatra and Borneo in 2010, surpassing the area of Belgium and causing an annual carbon emission from peat decomposition of 230–310 Mt CO 2 e. Earlier post.).

Oil-Sands 314
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Lux: California’s Low Carbon Fuel Standard will become a global phenomenon; carbon intensity, not volume

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California’s approach to transportation fuel policy—its Low Carbon Fuel Standard (LCFS)—will become a global phenomenon, suggests Lux Research. For example, the US and Brazil are major corn and sugarcane ethanol producers, respectively, and Malaysia and Indonesia are major palm oil biodiesel producers.

Carbon 150
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Researchers show oil palm plantation expansion a significant source of CO2; projected to contribute more than all of Canada’s current fossil fuel emissions by 2020

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Oil palm supplies more than 30% of world vegetable oil production. Its expanding production is driving rainforest destruction and massive carbon dioxide emissions, according to a new study led by researchers at Stanford and Yale universities. Indonesia is the leading producer of palm and palm kernel oil.

Oil 273
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Study finds GHG emissions associated with palm oil production have been significantly underestimated; implications for carbon intensity of biofuels as well as biofuel policies in Europe

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A new study on greenhouse gas (GHG) emissions associated with the conversion and degradation of peatland in palm oil plantations in Southeast Asia has determined that past studies have generally significantly underestimated emissions associated with palm oil grown on peatland. —Page et al.

Oil 239