Indonesia signed up to a pledge aimed at ending coal use at COP26. But a closer look at the terms shows it will be able to continue building coal plants at home. Signatories of the U.K. led Global Coal to Clean Power Transition Statement had the option to sign four different clauses. The first two committed to scaling up clean energy and the second two were designed to power down coal. Indonesia didn’t back the clause calling for an end to building and financing new unabated coal, according to a statement from COP organizers. Indonesia is the world’s biggest coal exporter. It will “consider accelerating coal phase out into the 2040s,” if there’s additional international financing to do so, the document shows. Indonesia is set to get a share of nearly $2.5 billion from the Climate Investment Funds Accelerating Coal Transition (ACT) investment program, and also funds from the […]