JAKARTA - Indonesia, the world’s top exporter of thermal coal, is stepping up efforts to diversify sales of the fuel as shipments to top buyer India slump and with exports to China poised to slow.
While Vietnam’s growing appetite for thermal coal is unlikely to match that of sizeable markets like China and India, the country is emerging as a key market and experts say it is important to get in early. Thermal coal is used by power plants to generate electricity. Thermal coal exports to China rose by 31% to 29 million tonnes in the January-May period from the year prior, while exports to Vietnam jumped 44% to 8.9 million tonnes over that period.
After India, Vietnam has the largest coal-fired power plant projects in terms of capacity among countries in Southeast Asia and South Asia, according to Fitch Solutions analyst Daine Loh, even as it expands renewable power sources.
Hate my own country. The heck is wrong with Indonesia?!?!?
That's MANY fucking shitloads of carbon.
Bummer , maybe the bootlickers of WestVirginia or any other Sods that want to pay 💰 for black lung can move there.. all the trump supporters still think 🤔 our economy is great 👍 and coal is firing it up. 🙄
Indonesia 🏠Ciruptor
Indonesia.
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