On 7 June 2021 Indonesia Investments released its new report, titled Road to Net Zero Emissions. In this report we discuss a selection of relevant topics (related to politics, the economy, and social matters) with a special emphasis on how political, ideological, and socio-economic developments in the West impact on Indonesia. One might wonder to what extent does Western imperialism in Asia continue up to the present day?
Update COVID-19 in Indonesia: 1,769,940 confirmed infections, 49,205 deaths (22 May 2021)
7 June 2021 (closed)
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Below is a list with tagged columns and company profiles.
Today's Headlines Carbon Emission
Indonesian manufacturers of four-wheeled motorized vehicles need to adjust to the Euro-4 emission standard. In March 2017 the Indonesian government ordered this through the issuance of Environment and Forestry Ministry Regulation No. P. 20/MENLHK/SETJEN/KUM. 1/3/2017 on the Standard Exhaust Emission of Euro 4-Type Motor Vehicles. These European emission standards define the acceptable limits for exhaust emissions of new vehicles.
Indonesia's Ministry of Environment and Forestry emphasizes that manufacturers in the country's automotive industry do not need to be concerned about the implementation of European emission standards, the standards that define the acceptable limits for exhaust emissions of new vehicles.
The "haze season" is back in Indonesia and other parts of Southeast Asia. Forest fires in Riau (Sumatra) are the main cause of smoke that has been carried to Singapore and Malaysia over the weekend. But also fires in West and Central Kalimantan have caused local haze. Hundreds of firefighters and military personnel were deployed to combat forest fires in Riau where 162 hotspots were counted over the past couple of days. Indonesian farmers' (illegal) slash-and-burn practices (aimed at clearing land) are the cause, while dry and hot weather exacerbate the situation.
A study published in Scientific Reports, conducted by scientists at King’s College London in cooperation with the Center for International Forestry Research (CIFOR), says the forest fires on the Indonesian islands of Sumatra and Kalimantan that occurred between June and October 2015 released some 11.3 million tons of carbon each day (a figure that exceeds the 8.9 million tons of daily carbon emissions in the European Union). Last year's man-made forest fires and haze in Indonesia are among the worst natural disasters ever recorded.
The ongoing forest fires on parts of Sumatra and Kalimantan, brought about by people's slash-and-burn practices to clear land for palm oil and paper industries, are now labelled a crime against humanity by global media while Indonesia has turned into the world's largest daily carbon dioxide emissions surpassing China and the USA. The severe haze that has been plaguing parts of Southeast Asia brings health problems, economic costs and bad publicity amid a time when most countries are teaming up to combat global warming.
The new grade of gasoline, called pertalite, has been launched in Indonesia by state-owned energy company Pertamina. On Friday (24/07), this new (unsubsidized) fuel was sold for the first time in the cities Jakarta, Bandung and Surabaya for the price of IDR 8,400 (USD $0.62) per liter. Its debut in 101 gas stations across these three cities is a test (lasting for a few weeks) in order to know consumers’ reaction. Pertalite (90-octane level) is the new produced fuel by Pertamina and will gradually replace the low-octane gasoline known as premium.
On Wednesday (13/05), Indonesian President Joko Widodo showed his commitment to protect Indonesia’s biodiversity-rich environment as he extended the moratorium on the clearing of primary forest and peat-land by another two years. This moratorium, which had been first implemented by Widodo’s predecessor Susilo Bambang Yudhoyono in May 2011, aims to combat rapid deforestation in Southeast Asia’s largest economy. Furthermore, the Ministry of Environment and Forestry will study how it can further strengthen the moratorium.
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