business

Japan, China, S Korea bankroll Indonesia's coal despite Paris pledge

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Im glad someone is pointing out that while they posture as advocating clean energy, profits are still the primary motivator.

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On the other hand, it did also finance offshore wind power generation in The Netherlands and a geothermal power station in Iceland.

Coal from Indonesia does come to Japan, which may be connected (the JBIC is involved in it too) and it is for a "ultra-supercritical power plant" which is the most efficient, least polluting coal-fired powerplants.

On the basis of their other reporting in japan, I don't take Thomson Reuters very seriously.

-1 ( +1 / -2 )

To add, since everyone is so anti-nuclear that leaves very few options for the short to mid term, so of course Japan needs more coal. Developing renewables to scale takes time, it's not some switch you flip.

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