Carbon Trading’s Symbolic Policy
Carbon trading is not expected to be effective in achieving the emission reduction target by 2030. The cap is set too high while the tariff is too low to support energy transition.
Dini Pramita
February 21, 2022
THE government’s carbon tax will become effective on April 1. The coal-fired steam power plant (PLTU) sector paves the way for carbon tax implementation that would be integrated into the carbon trade known as the cap and trade and cap and tax schemes. “The application of both schemes has been contained in the road map for Indonesia’s energy transition towards Net Zero Emission 2060,” said Energy and Mineral Resources
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