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  • Regulation 16/2022 Guidelines for Carbon Economic Value Implementation for the Power Generation Sub-sector

Regulation 16/2022 Guidelines for Carbon Economic Value Implementation for the Power Generation Sub-sector

Geography
🇮🇩 Indonesia
Year
2022
Document Type
Policy

Summary

Regulation 16/2022, issued by the Ministry of Energy and Mineral Resources, regulates the procedures for implementing carbon trading in the electricity generation subsector by determining the limits of the terms used in the regulation. Through the implementation of carbon trading, power plants must carry out power generation efficiency measures in accordance with the provisions of laws and regulations in the electricity sector and must prioritise GHG Emission Offsets. Business actors are subject to levies on sales and purchase transactions of carbon units in carbon trading in accordance with statutory provisions.

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Policy instrument
Climate justice
Renewable energy
Fossil fuel
Greenhouse gas
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Adaptation/resilience
Finance

Note

Grantham Research Institute

The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.