Indonesia is facing an uphill battle in its push to transition away from coal. As the world’s top coal exporter, kicking the fossil fuel will potentially cost billions. Further complicating the issue, Indonesia has a massive surplus of coal on its hands after it was heavily over-invested in the sector in past decades. How much will it cost to wean Indonesia off coal? This is a pressing question for world leaders and climate policy-makers around the world in the lead-up to this year’s COP27 climate summit, set to take place in Sharm el-Sheikh, Egypt this November. Just before the summit, in which the world’s premier politicians, scientists, policymakers, and industry leaders convene to set goals, broker deals, and make concrete agendas to meet the emissions standards set by the Paris climate agreement in 2015, G-20 leaders are meeting in Bali to try to ink a deal to wean the […]