Indonesia industry associations welcome further carbon tax delay

Global uncertainty, need to work out details reasons behind second postponement

20220627 Coal power plant in Indonesia

Indonesia is trying to balance reducing carbon emissions from resources such as coal with the need for economic growth. © Reuters

ERWIDA MAULIA, Nikkei staff writer

JAKARTA -- Indonesian industry groups on Monday welcomed the government's decision to delay the implementation of the planned carbon tax for the second time this year, citing unclear regulations and unfavorable economic conditions for such a move.

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