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Coal giants Indonesia, Australia pledge teamwork on energy transition
The effort entails developing "low-emission technologies" including carbon capture and electric vehicles.
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President Joko "Jokowi" Widodo meets Australian PM Scott Morrison on the sidelines of the G20 summit in Rome on Saturday. (Courtesy of BPMI Setpres)
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ndonesia and Australia, the world’s two biggest coal-exporting countries, have announced a commitment to work together to develop new energy technologies as part of their strategy to attain net-zero emissions.
President Joko “Jokowi” Widodo and Australian Prime Minister Scott Morrison issued a joint statement on Saturday explaining that the agreement entailed collaborating “to develop, finance, deploy and share affordable low-emission technologies”.
The statement specifically names new energy technologies like carbon capture, clean hydrogen, ammonia, power transmission and electric vehicles (EV).
“The issues of affordable technologies and investment play an important role in the success of such an economic transformation,” Jokowi said in the statement.
Morrison said in a separate statement that the two countries would also deepen collaboration on a wide range of issues, including energy trade, carbon markets, green finance, biodiversity protection, water conservation and natural disaster mitigation.
“By working together, we will help build resilient renewable energy supply chains and economies and drive green investment,” he said.
The joint statement is a result of a bilateral meeting on the sidelines of the G20 summit in Rome on Saturday, just two days before the leaders spoke at the United Nation’s COP26 climate summit in Glasgow, the United Kingdom.
