• Business Business

New analysis uncovers China's massive hidden initiative: 'The world must move forward together with us'

"They are bleeding money."

China publicly announced a commitment to reducing fossil fuel use. But they're still funding Indonesian coal plants.

Photo Credit: iStock

Despite China's apparent commitment to renewable energy, its government has backed the construction of a fleet of Indonesian coal plants, according to Inside Climate News (ICN).

What's happening?

In 2021, China's President Xi Jinping pledged to stop financing the construction of coal plants in Indonesia, ICN reported. However, this funding has continued. At least 17 new Chinese-backed power units are currently in production at nine Indonesian coal power plants. Many other power plants are also funded by private Chinese companies with ties to the government, providing a convenient loophole.

Now, Indonesia is the seventh-largest polluter in the world. Its pollution output has significantly increased because of Chinese influence. What's more, these dirty energy plants also power factories that manufacture solar panels and other such "green" energy technologies. 

In addition to being environmentally harmful, these projects aren't financially practical. Both China and Japan are "buying more [coal power] than what they are using," Katherine Hasan, a Southeast Asia analyst at the Centre for Research on Energy and Clean Air, told ICN. "They are bleeding money."

Why does the construction of these power plants matter?

On a smaller scale, residents living near these power plants report a spike in respiratory infections, according to locals interviewed by ICN. They explained that those who take local action are often monitored by police at best, and threatened at worst. 

Indonesian officials have expressed interest in shutting them down, but cannot afford to do so without the backing of wealthier countries like China. 

FROM OUR PARTNER

This daily skin care line brings professional-grade products and in-office results into the comfort of your at-home routine

PCA Skin's new daily care line extends the benefits of professional treatments to your at-home routine, with cleansers, serums, and moisturizers formulated to maintain skin health and address specific concerns.

Skin is unique, which is why PCA Skin offers tailored solutions for every skin type, tone, and condition. Designed to target concerns like acne, hyperpigmentation, and aging, their industry-leading treatments have delivered transformative in-office results for 35 years — and the unique opportunity to get the same quality care in the comfort of your own home is one you won't want to miss.

Learn more

Unfortunately, this seems unlikely. A study found that, between 2020 and 2022, the G7 countries (Canada, France, Germany, Italy, Japan, the U.K., and the U.S.) invested $142 billion into overseas dirty energy projects.

Pollution on this scale has long-term effects on the rest of the world, intensifying extreme weather events and biodiversity loss. According to a recent study, the global impacts of such pollution have also resulted in irreversible damage to human health worldwide.

What's being done about it?

From the looks of it, China's money is currently integral to Indonesia's economic growth. Unfortunately, that growth comes from outsourced dirty-energy plants. Heliantina told ICN, "Indonesia is committed to achieve net zero, but the world must move forward together with us."

Around the world, nations need to phase out dirty energy sources and replace them with renewable sources such as wind and solar. On an individual basis, we can each do our part by investing in energy-efficient appliances, switching to electric vehicles, and even installing solar panels. 

Do you think the U.S. should tax goods from China?

Definitely 👍

No way 👎

Only certain goods 📦

I'm not sure 🤷

Click your choice to see results and speak your mind.

Get TCD's free newsletters for easy tips to save more, waste less, and make smarter choices — and earn up to $5,000 toward clean upgrades in TCD's exclusive Rewards Club.

Cool Divider