Indonesia aims to issue emission quotas for some coal-fired power plants within this month as a first step towards creating a mechanism for domestic carbon trading. Among the world's biggest greenhouse gas emitters, Indonesia last year set a more ambitious target for reducing carbon emission by 31.89% on its own, or 43.2% with international support, by 2030. The first phase of carbon trade will cover coal power plants with minimum 100MW capacity that are directly connected to power grids owned by state utility Perusahaan Listrik Negara (PLN).

Source: Reuters