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Pledge to treble renewable energy in Asean sounds good, but may not be right for all

    • Indonesia struggles to reduce energy from coal-fired power plants because of "take-or-pay" offtake obligations.
    • Indonesia struggles to reduce energy from coal-fired power plants because of "take-or-pay" offtake obligations. PHOTO: LINDA YULISMAN, BT
    Published Mon, Feb 26, 2024 · 05:00 AM

    TWO months have passed since the landmark COP28 agreement, in which nations committed collectively to trebling renewable energy production by 2030.

    Attention now turns to the practicalities and consequences of achieving this ambitious goal in Singapore and the Asean region.

    Undoubtedly, renewable energy holds the key to addressing the energy crisis, limiting global warming and meeting net-zero targets.

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