Jakarta – 350.org Indonesia regrets that carbon capture and sequestration (CCS) technology is included in the Just Energy Transition Partnership (JETP) priority program. 350.org Indonesia Team Lead, Sisilia Nurmala Dewi said CCS is a false solution to energy transition because it aims to extend the use of fossil fuels.
“It is unfortunate that Indonesia plans to include the false solution of CCS in JETP financing. Moreover, the lack of transparency surrounding Indonesia’s recent USD 20 billion Just Energy Transition Partnership deal makes its investment plans questionable,” Dewi said in a written release.
She said that to include CCS technology, the energy transition from fossil to renewable energy will take longer. “As long as we are still using fossil energy, it will cost taxpayers tens of billions of dollars for more fossil fuel subsidies,” she added. Furthermore, he said, the JETP Secretariat needs to stop fantasising about fake solutions like CCS and start facing reality by phasing out fossil fuels. It is not even fair that polluting companies continue to make profits and their executives receive massive salaries, while the world is experiencing a climate crisis.
“If anything, funding for carbon capture and storage should come from the profits of fossil fuel companies. Carbon reduction technologies should focus on substantial reductions, not delaying reductions or offsetting emissions,” said Dewi.
She said, for JETP to be truly equitable, it must prioritise sustainable sources of renewable energy that promotes climate justice. This means prioritising communities without access to electricity, and providing assistance to affected workers during the transition to renewable energy, so that they are not left behind. “JETP should be a solution for communities, not a bailout for fossil fuel companies that have no intention of phasing out their operations,” said Dewi. (Hartatik)