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A midsized, 11-year-old coal power station in West Java is an unlikely bellwether for global climate finance. Cirebon-1 helps keep the lights on and factories whirring in the port city it’s named after, a few hours’ drive east of Jakarta. Like much of the coal fleet that generates some 60% of Indonesia’s…
(Bloomberg) -- A midsized, 11-year-old coal power station in West Java is an unlikely bellwether for global climate finance. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOut of Options and Money, Argentina Presses the Panic ButtonHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTech Giants, Yields Tick Up in Choppy Session: Markets WrapOutsider Milei Upends Argentina’s Election With Primary WinCirebon-1 helps keep the lights