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, energy officials said on Tuesday.
Among the world's biggest green house 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 quota will be set the latest by January 31. After obtaining the quota, business players are required to carry out carbon trading," said energy ministry official Mohamad Priharto Dwinugroho. There are 99 coal plants with a combined installed capacity of 33.6 gigawatts that may join the carbon trade this year, ministry data showed.
Companies not implementing carbon trades will be granted lower emission allocations for the next year.
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