#Net Zero Emission
Acceleration of CCS/CCUS implementation supports NZE Target 2060
The government continues to strengthen its commitment to reducing carbon emissions through the implementation of Carbon Capture and Storage (CCS) and Carbon Capture, Utilization, and Storage (CCUS) technologies in the upstream oil and gas sector.
Pertamina commited to reducing methane emissions by 40 percent by 2030
State energy company PT Pertamina is making strategic efforts to reduce emissions by reducing methane exhaust gas from all lines of the company's operations.
Pertamina NRE asks government to strengthen regulation, incentives for CCS technology
PT Pertamina New & Renewable Energi (Pertamina NRE), a subsidiary of State energy company PT Pertamina, seeks regulations that will strengthen and encourage the oil and gas industry by accelerating the implementation of carbon capture and storage/carbon capture,utilization and storage (CCS/CCUS) technology in Indonesia.
RI needs 210 GW of renewable energy to phase out fossil power plants
President Prabowo Subianto's vision of achieving the net zero emission target by 2050 should be accompanied with more ambitious plan of actions than mere building 75 gigawatts (GW) of renewable energy-driven power plants, an energy analyst says.
BP invests US$7 billion in oil & gas, energy projects in Indonesia
British Petroleum (BP) has agreed to put an investment of US$7 billion in support of the Tangguh Ubadari, Carbon Capture Utilization & Storage (CCUS), and Compression (UCC) projects in Indonesia upon an assessment meeting between the British oil&gas company and the Upstream Oil and Gas Regulatory Task Force (SKK Migas).
Civil society groups: Climate funding useless if it is not on target
Global civil society organizations have suggested that despite increase in funding, the effectiveness of the climate financing should be more important than mere quantity, citing that the Multilateral Development Banks (MDBs) funding has so far not gone to the right projects.