Indonesia, Australia work to develop new energy technologies

Indonesia and Australia, the world’s two biggest coal exporters, have announced a commitment to work together to develop new energy technologies as part of their strategy to attain net-zero emissions.
Indonesia, Australia work to develop new energy technologies ảnh 1Indonesian President Joko Widodo meets Australian PM Scott Morrison on the sidelines of the G20 summit in Rome (Photo courtesy of BPMI Setpres)

Jakarta (VNA) – Indonesia and Australia, theworld’s two biggest coal exporters, have announced a commitment towork together to develop new energy technologies as part of their strategy toattain net-zero emissions.

Indonesian President Joko Widodo and Australian PrimeMinister Scott Morrison recently issued a joint statement explaining that theagreement entailed collaborating to develop, finance, deploy and share affordablelow-emission technologies.

The statement specifically names new energy technologieslike carbon capture, clean hydrogen, ammonia, power transmission and electricvehicles (EV).

Australian PM Morrison said the two countries will bolstercooperation in various fields, including energy commerce, carbon market, greenfinance, biodiversity protection, water resources protection and disastermitigation.

By working together, the countries will build supply chainsand renewable energy economy of resilience and promote green investment.

The joint statement was the result of a bilateral meeting betweenthe two leaders on October 30 on the sidelines of the G20 summit in Rome, Italy,and two days prior to the 26th United Nations Climate Change Conference of theParties (COP26) in the UK.

Data of the International Energy Agency (IEA) shows thatIndonesia and Australia account for 45 percent of the total 1.76 billion tonnesof coal exports last year./.

VNA

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