💨 Abstract

The G7-backed initiative to close coal power plants in emerging markets, including Indonesia's Cirebon-1, faces delays. The deal on Cirebon-1's early closure is stalled due to legal and financial concerns, with the Indonesian government worried about the costs of replacing it with renewable energy. A new government taking office in October may further complicate matters, as the president-elect has expressed support for coal.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖