Indonesia, Australia work to develop new energy technologies

Indonesian President Joko Widodo and Australian Prime Minister Scott Morrison recently issued a joint statement explaining that the agreement entailed collaborating to develop, finance, deploy and share affordable low-emission technologies.

The statement specifically names new energy technologies like carbon capture, clean hydrogen, ammonia, power transmission and electric vehicles (EV).

Australian PM Morrison said the two countries will bolster cooperation in various fields, including energy commerce, carbon market, green finance, biodiversity protection, water resources protection and disaster mitigation.

By working together, the countries will build supply chains and renewable energy economy of resilience and promote green investment.

The joint statement was the result of a bilateral meeting between the two leaders on October 30 on the sidelines of the G20 summit in Rome, Italy, and two days prior to the 26th United Nations Climate Change Conference of the Parties (COP26) in the UK.

Data of the International Energy Agency (IEA) shows that Indonesia and Australia account for 45 percent of the total 1.76 billion tonnes of coal exports last year./.

VNA