Jokowi digs in heels on coal export ban

2022.01.05 13:25:37

Primary commodity: Coal is unloaded from a barge at the Suralaya coal power plant in Cilegon, Banten, on Sept. 22, 2021. Coal producers are currently enjoying a rise in the price of the commodity as a result of high demand.(AFP/Ronald Siagian)이미지 확대

Primary commodity: Coal is unloaded from a barge at the Suralaya coal power plant in Cilegon, Banten, on Sept. 22, 2021. Coal producers are currently enjoying a rise in the price of the commodity as a result of high demand.(AFP/Ronald Siagian)

After announcing the January thermal coal export ban in a move apparently aimed at safeguarding domestic power supply, the government is standing its ground while markets are feeling the pinch. Economists expect the coal ban to affect state revenue and cause a global coal price spike. The decision has been met with criticism from coal mining firms, which called for a permanent solution to solve structural problems in domestic coal supply.

https://www.thejakartapost.com/business/2022/01/04/jokowi-digs-in-heels-on-coal-export-ban.html

By Jakarta Post

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