All Entries Tagged With: "indonesia"
Indonesia, South Korea sign pact to research, commercialize biofuels from seaweed
Indonesia and South Korea announced a project to cultivate seaweed and process it into biofuels. According to the Jakarta Post, South Korea has the technology but had not yet commercialized it. The agreement signed by the two countries will resuit in a pilot plant in the short term.
$100 million investment in first major Indonesian jatropha plantation announced
In Indonesia, Mother Earth Plantations announced that it will invest $100 million over four year for the first large-scale jatropha project in Indonesia. The project will be located in West Timor, on 1 million hectares of land, and will have a capacity of 8.8 Mgy of jatropha oil by 2013, increasing to $29 Mgy in [...]
Malaysia, Indonesia pledge cooperation to reduce palm oil supply, stabilize prices
Malaysia and Indonesia announced that they would cooperate to stabilize prices for palm oil, which have plummeted since the summer. The two countries control 85 percent of global palm oil production. The countries said they will take steps to manage palm oil stocks and reduce supply by accelerating replanting of older oil palm trees. The [...]
Indonesia proposes conversion of peatland to oil palm production; Greenpeace erupts in protest over potential carbon debt
In Indonesia, Greenpeace and other activist groups are opposing plans announced by the national government to permit oil palm plantations to be established in the country’s last remaining peatlands. The activists say that the tilling of peatlands would release large amounts of stored carbon, and create a carbon debt that the emissions reductions of pal-based [...]
Indonesia to introduce biofuels subsidy of up to $0.30 per gallon
In Indonesia, the national government announced that it will establish a biofuels subsidy commencing in 2009, to encourage investment in and use of biofuels made from palm oil and other feedstocks. The government pegged the initial subsidy at $0.302 per gallon, but said that the subsidy will be limited to biofuels that are more expensive [...]
China, Indonesia sign 4 agreements for expansion of Indonesian fossil fuel use; one biodiesel development agreement
In China, the Chinese and Indonesian governments have signed agreements on a total of eight mining and energy projects worth $3.13 billion. Among the deals, a total of five energy projects including four coal-fired power plants totaling 2.56 MW of power, part of an overall goal for construction of 10,000 megawatts of new coal-fired power.
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