China’s pivot from funding coal plants to gasification slammed as more of the same

When China announced, in late September, that it would stop financing the construction of new coal plants overseas, Indonesia looked to be one of the most impacted countries. The Southeast Asian nation is one of the world’s most prolific builders of coal-fired power plants, often with Chinese support. Three months later, however, not one of the eight Chinese-funded coal plant projects in the permitting or planning phase in Indonesia has been shelved. Instead, the only major coal-related news was in October, when Indonesia’s Powerindo Cipta Energy and state-owned China National Chemical Enginee…

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