The government is preparing a regulation draft on carbon capture storage (CCS) and carbon capture utilization and storage (CCUS) as the country seeks to push its adoption to reduce carbon emissions from hard-to-abate industries, but whether this will be effective depends largely on a working financing mechanism. Alloysius Joko Purwanto, an energy economist at the Economic Research Institute for ASEAN and East Asia (ERIA), said that the success of CCS/CCUS would need careful examination of the costs and benefits of other countries’ experiences in providing tax credits for technology development. 

This article was published in thejakartapost.com with the title "Experts remain doubtful about Indonesia’s planned carbon-capture regulation". Click to read: https://www.thejakartapost.com/business/2022/09/29/experts-remain-doubtful-about-indonesias-planned-carbon-capture-regulation.html.