The fossil fuel subsidy hampers green energy initatives

Parulian Sihotang; Theresia Betty  Sumarno; Widhyawan  Prawiraatmadja

The fossil fuel subsidy hampers green energy initatives

Parulian Sihotang
, Theresia Betty Sumarno (Contributing member)
, Widhyawan Prawiraatmadja (Contributing member)

Research output: Contribution to specialist publication › Article

Abstract

Many international institutions have provided insights about reforming fossil fuel subsidies (FFS) in different countries, a decade after the conversation about FFS started during the Group of 20 Summit in Pittsburgh, the United States in 2009. Scholars agreed that the costs associated with FFS, whether from economic, social or environmental factors, could be avoided by reforming the system. One crucial problem facing Indonesia is heavy dependence on fossil energy sources. Fossil fuel consumption in Indonesia has increased significantly in the past three decades, even after fuel subsidies started to decrease in 2010. Indonesia has tried to reform its FFS, but despite huge renewable energy sources, the country remains dependent on fossil fuels.

Original language	English
Specialist publication	The Jakarta Post
Publisher	The Jakarta Post
Publication status	Published - 31 Jul 2023

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy
SDG 12 Responsible Consumption and Production

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https://www.thejakartapost.com/opinion/2023/07/30/the-fossil-fuel-subsidy-hampers-green-energy-initiatives.html

Cite this

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AB - Many international institutions have provided insights about reforming fossil fuel subsidies (FFS) in different countries, a decade after the conversation about FFS started during the Group of 20 Summit in Pittsburgh, the United States in 2009. Scholars agreed that the costs associated with FFS, whether from economic, social or environmental factors, could be avoided by reforming the system. One crucial problem facing Indonesia is heavy dependence on fossil energy sources. Fossil fuel consumption in Indonesia has increased significantly in the past three decades, even after fuel subsidies started to decrease in 2010. Indonesia has tried to reform its FFS, but despite huge renewable energy sources, the country remains dependent on fossil fuels.

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The fossil fuel subsidy hampers green energy initatives

Abstract

UN SDGs

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