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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. Today, coal-fired plants meet more than 60% of Indonesia’s power demand. trillion under the NZS.

Indonesia 195
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Next Fuel signs definitive agreement to field-test in-situ microbial coal-to-gas technology in Indonesia

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a development stage company, has signed a definitive agreement with PT Enviro Energy to field-test Next Fuel’s microbial Coal-to-Gas technology (CTG) to determine the commercial viability of utilizing it to produce natural gas at PT Enviro Energy’s coal deposits in Indonesia. Next Fuel, Inc.,

Coal 199
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GE and Shenhua open coal gasification joint venture in China

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a 50:50 joint venture with Shenhua Group to advance the development and deployment of “cleaner coal” technology solutions in China. GBI report: Asia-Pacific to be the leading coal-producing region. The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand.

Coal 199
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Adani Group and Carbon Energy sign MoU to bid for UCG projects in India

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India-based Adani Group and Australia-based Carbon Energy signed a Memorandum of Understanding (MoU) to form a joint venture to pursue Underground Coal Gasification (UCG) projects likely to be announced on tenements of Coal India (CIL) in India. The MoU is for a period of 18 months.

India 199
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IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

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A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil. Today, hydrogen is already being used on an industrial scale, but it is almost entirely supplied from natural gas and coal. That’s the equivalent of the annual carbon emissions of the United Kingdom and Indonesia combined.

Clean 255
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New phase of globalization could undermine efforts to reduce CO2 emissions

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A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. 2018) “China’s “exported carbon” peak: Patterns, drivers, and implications.” Coffman, D.’.

Global 170
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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

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Even if the current Nationally Determined Contributions (NDCs) are fully implemented, the carbon budget for limiting global warming to below 2 ˚C will be about 80% depleted by 2030. Given currently available carbon budget estimates, the available global carbon budget for 1.5 ˚C C will already be well depleted by 2030.