Indonesia backpedaled on the early retirement of the Cirebon-1 coal plant, a key G7 JETP test case. Officials cited the use of "Clean Coal Technology" (critical/supercritical) and long lifespan. #Coal #Indonesia #JETP #EnergyTransition
https://www.reuters.com/business/energy/indonesia-backpedals-retiring-cirebon-coal-power-plant-early-2025-12-05/
#JETP
Endonezya, Cirebon-1 kömür santralinin erken emekliliği planından geri adım attı. Gerekçe olarak "Temiz Kömür Teknolojisi" kullanımı ve uzun ömür gösterildi. #Kömür #Endonezya #JETP #EnerjiDönüşümü https://www.reuters.com/business/energy/indonesia-backpedals-retiring-cirebon-coal-power-plant-early-2025-12-05/
#US withdraws from #JETP, affecting #SouthAfrica, #Indonesia and #Vietnam #energysky
US withdraws from JETP, affect...
Germany affirms resilience of energy transition partnerships after U.S. withdrawal
https://www.cleanenergywire.org/news/germany-affirms-resilience-energy-transition-partnerships-after-us-withdrawal #energytransition #JETP #Trump
US exits $9.3 billion climate deal with developing nations
"The United States has exited #JETP, a massive climate deal designed to help South Africa, Indonesia and other developing nations transition to #CleanEnergy."
https://www.dw.com/en/us-exits-93-billion-climate-deal-with-developing-nations/a-71847744
Seems China gets all the soft power in clean energy development.
Just Energy Transition Partnerships, #JETP are supporting developing countries in deploying renewable energy.
Germany's notes on the US exiting the program are odd. They find policy tweaks in the dev. countries that incentivises private investment far more important than big government expenditures.
https://www.bmz.de/en/news/press-releases/statement-flasbarth-withdrawal-us-jetps-248278
I smell a dead, ie neoliberal rat with a bitter overtone of Nordstream2, Germany's gas storage, and ECT:
so our SPD-led Ministry For Development Aid @bmz follows the agenda that electricity in a (developing) society should be a private and by this, a primarily profit-driven endeavour.
Assumptions, not covered in the article:
What I hear is, the Ministry pushes German (or European bc there are other Europ. states in the JETP) companies into South Africa for example, tasking them with the build-up of renewable energy infrastructure, and ask the SouthAfrican government to incentivise the investment.
The profits from selling electricity go the company. The incentives go to the company. The new hardware belongs to the company.
And to get this private investment protected against government interference, SouthAfrica has to sign a contract to never enact a policy that lessens the profits, lest SA will be sued into oblivion. Like the fossil companies do, based on ECT.
The taxonomy for what "renewable" energy is comes from the EU, I suppose. Which allows gas "hydrogen ready", and biomass, ie forests, IIRC. The taxonomy originally was to be drafted by #Blackrock. vonderLeyen was stopped from doing this via public outcry. But I guess, she simply went on to temporarily employ Blackrock workers in the Commission. Rightly expecting that journalists wouldn't track this smart move.
Anyway. So one of the world's biggest fossil investors has drafted the bad "renewables" taxonomy after which European states now push neoliberal ideology and profit-driven a-holes into developing countries – and an ECT-eq shackles them to the neoliberal profiteers forever.
You know. I'd rather have China do it, really.
China bought Portuguese [harbours and] utilities when the US bankers' crises and neoliberal ideology had forced austerity on EU member states. https://www.reuters.com/markets/deals/portugals-edp-china-three-gorges-change-partnership-terms-2021-12-10/
Between 2015 and 2024, Portuguese renewable electricity went from 48% to 87% https://www.energy-charts.info/charts/energy/chart.htm?c=PT&l=en&interval=year&year=-1
Their coal use dropped from 29% to virtually zero.
Maybe, China will apply thumb screws at some stage. Thanks to Lagarde and Merkel.
Can't be worse than having a profit-driven, sociopathic company dictating your policies, siphoning off the profits, leaving the damages to be cleaned up by society, lobbying against taxes, and so forth.
edit: Reuters link added wrt China and Portugal
Almost a footnote at this point: The US has, predictably, left the #JETPs it was involved in.
https://www.bmz.de/en/news/press-releases/statement-flasbarth-withdrawal-us-jetps-248278
US withdrawing from plan to help major polluters move from coal, sources say
https://www.reuters.com/sustainability/climate-energy/us-withdrawing-plan-help-major-polluters-move-coal-sources-2025-03-05/ #JETP #coal #fossilfuels
https://www.reuters.com/sustainability/climate-energy/us-withdrawing-plan-help-major-polluters-move-coal-sources-2025-03-05/
The UK and the International Partners Group are doubling down on the #JETPs.
Not the worst idea, considering the circumstances, if lessons can be drawn from the rocky start to regain confidence in the format.
https://www.gov.uk/government/news/joint-article-on-just-energy-transition-partnerships
This has been a long time coming. Many of the #JETPs’ woes are ultimately symptoms of how international climate agreements are made: Make grand announcements first, work out essential details later.
Now confirmed by a senior German policy-maker: The #JETP with India is not going to happen.
India, donor countries give up on Just Energy Transition Partnership – German official
“In the end, we are not following this track, in agreement between India and us,” state sec Jochen Flasbarth told CLEW
https://www.cleanenergywire.org/news/india-donor-countries-give-just-energy-transition-partnership-german-official #COP29 #justtransition #JETP
Global plan for early ditch of #coal power hits Indonesia hurdle
"The legal and financial implications of closing Cirebon-1 are a stumbling block. Jakarta is worried that costs for replacing it with renewable energy could reach $1.3 bn, mostly in subsidies to cover more expensive renewable power.
Under #Indonesia's #JETP, richer nations have pledged $20 billion to help the nation with its energy transition, although little of that money has been disbursed."
Wie steht es um die #Energiewende in #Indonesien? Der #JETP-Plan weist Schwächen auf: Er setzt auf netzgebundene Elektrizität, große Infrastrukturen und eine vage Definition von sozialer Gerechtigkeit.
Sprecht mit #GIGA’s Anna Fünfgeld, indem ihr vorab ein 4-Augen-Gespräch mit ihr bucht PFEIL https://www.leibniz-gemeinschaft.de/ueber-uns/neues/veranstaltungen/book-a-scientist#bookascientist-topic-467 #BookAScientist @leibnizwgl
@Sustainable2050 @stepien_przemek
#Poland could be a good example for other coal-dependent countries in transition, like #JETP partners South Africa, Indonesia and Vietnam
"#SouthAfrica has secured pledges of $9.3 billion under the so-called Just Energy Transition Partnership — an agreement with Germany, France, the European Union, UK, US, Netherlands and Denmark - in the form of grants, loans and guarantees. While the pact was initially inked in 2021 a series of procedural setbacks and infighting in the South African government over a promise to shut #coal plants has delayed its implementation."
https://www.bloomberg.com/news/articles/2024-07-15/south-africa-to-raise-2-4-billion-from-climate-pact-this-year
#JETP
https://areena.yle.fi/1-67302132?utm_medium=social&utm_campaign=areena-ios-share Joonas Nordmanin imitaatio on mainio. ”Suomi” - sanassa alkukirjaimen pitää lähteä (oma tulkintani) kuin kiehuvan teeveden vihellys brittielokuvissa. #presidentti #politiikka #JETP
This is a timely read, but it also serves to illustrate that climate debates are cyclical. #CDM, anyone?
Also, while the #JETPs are many things, they are, in no small part, precisely what the authors advocate.
https://www.foreignaffairs.com/world/how-get-more-bang-your-climate-change-buck
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