JAKARTA -- Indonesia is considering introducing a carbon tax as it seeks to boost revenue to fund its spending to support an economy reeling from the COVID-19 pandemic.
The carbon tax could be applied to fossil fuels and emissions released by factories or vehicles, as well as "carbon-intensive" industries such as pulp and paper, cement, power generation and petrochemicals. The initiative was included in a Finance Ministry document, issued last week, that outlines the economic framework and fiscal policies for next year.
