Why Transactions on the Carbon Exchange are Quiet

The carbon exchange is still lacking traders and buyers, hampered by the process of certification and registration of carbon units.

 

Aisha Shaidra

October 9, 2023

BY mid-October, Pertamina New and Renewable Energy (Pertamina NRE) will not be the only one selling carbon units on the Indonesian Carbon Exchange or IDXCarbon. According to IDX Chief Executive Officer (CEO) Iman Rachman, a subsidiary of state electricity company PLN will soon enter IDXCarbon, the only carbon exchange in Indonesia. “There will soon be one from PLN, through the Muara Karang Steam Gas Power Plant (PLTGU) unit,” he

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