Fossil fuel-dominant Indonesia has signalled its intentions to tackle its emissions by signing a wide-ranging MOU with ENI.
The agreement was signed by Minister of Energy and Mineral Resources Arifin Tasrif together with the Indonesian and ENI directors.
The MOU covers the development of bio-feedstock to produce biofuels, nature-based and technology-based carbon offsets as well as other initiatives related to the energy transition and decarbonization, including but not limited to the Carbon Capture Storage (CCS), Carbon Capture Utilization and Storage (CCS/CCUS) and energy efficiency.
The collaboration signals Indonesia’s attempts to ramp up decarbonisation as it strives to hit Net Zero emissions by 2060 ‘or before’.
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