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Clean Energy WireGermany affirms resilience of energy transition partnerships after U.S. withdrawal<a href="https://www.cleanenergywire.org/news/germany-affirms-resilience-energy-transition-partnerships-after-us-withdrawal" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.cleanenergywire.org/news/germany-affirms-resilience-energy-transition-partnerships-after-us-withdrawal</a> <a href="https://mastodon.energy/tags/energytransition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#energytransition</a> <a href="https://mastodon.energy/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a> <a href="https://mastodon.energy/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>

CelloMom On CarsUS exits $9.3 billion climate deal with developing nations"The United States has exited <a href="https://mastodon.social/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a>, a massive climate deal designed to help South Africa, Indonesia and other developing nations transition to <a href="https://mastodon.social/tags/CleanEnergy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CleanEnergy</a>."<a href="https://www.dw.com/en/us-exits-93-billion-climate-deal-with-developing-nations/a-71847744" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.dw.com/en/us-exits-93-billion-climate-deal-with-developing-nations/a-71847744</a>Seems China gets all the soft power in clean energy development.

Clean Energy WireUS withdrawing from plan to help major polluters move from coal, sources say<a href="https://www.reuters.com/sustainability/climate-energy/us-withdrawing-plan-help-major-polluters-move-coal-sources-2025-03-05/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.reuters.com/sustainability/climate-energy/us-withdrawing-plan-help-major-polluters-move-coal-sources-2025-03-05/</a> <a href="https://mastodon.energy/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a> <a href="https://mastodon.energy/tags/coal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#coal</a> <a href="https://mastodon.energy/tags/fossilfuels" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#fossilfuels</a> <a href="https://www.reuters.com/sustainability/climate-energy/us-withdrawing-plan-help-major-polluters-move-coal-sources-2025-03-05/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.reuters.com/sustainability/climate-energy/us-withdrawing-plan-help-major-polluters-move-coal-sources-2025-03-05/</a>

Clean Energy WireIndia, donor countries give up on Just Energy Transition Partnership – German official“In the end, we are not following this track, in agreement between India and us,” state sec Jochen Flasbarth told CLEW<a href="https://www.cleanenergywire.org/news/india-donor-countries-give-just-energy-transition-partnership-german-official" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.cleanenergywire.org/news/india-donor-countries-give-just-energy-transition-partnership-german-official</a> <a href="https://mastodon.energy/tags/COP29" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#COP29</a> <a href="https://mastodon.energy/tags/justtransition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#justtransition</a> <a href="https://mastodon.energy/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a>

CelloMom On CarsGlobal plan for early ditch of <a href="https://mastodon.social/tags/coal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#coal</a> power hits Indonesia hurdle"The legal and financial implications of closing Cirebon-1 are a stumbling block. Jakarta is worried that costs for replacing it with renewable energy could reach $1.3 bn, mostly in subsidies to cover more expensive renewable power.Under <a href="https://mastodon.social/tags/Indonesia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Indonesia</a>'s <a href="https://mastodon.social/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a>, richer nations have pledged $20 billion to help the nation with its energy transition, although little of that money has been disbursed."<a href="https://www.reuters.com/sustainability/climate-energy/global-plan-early-ditch-coal-power-hits-indonesia-hurdle-2024-09-25/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.reuters.com/sustainability/climate-energy/global-plan-early-ditch-coal-power-hits-indonesia-hurdle-2024-09-25/</a>

Henri Horn<a href="https://mastodon.energy/@Sustainable2050" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@Sustainable2050</a> <a href="https://bird.makeup/users/stepien_przemek" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@stepien_przemek</a> <a href="https://mastodon.energy/tags/Poland" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Poland</a> could be a good example for other coal-dependent countries in transition, like <a href="https://mastodon.energy/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a> partners South Africa, Indonesia and Vietnam

CelloMom On Cars"<a href="https://mastodon.social/tags/SouthAfrica" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SouthAfrica</a> has secured pledges of $9.3 billion under the so-called Just Energy Transition Partnership — an agreement with Germany, France, the European Union, UK, US, Netherlands and Denmark - in the form of grants, loans and guarantees. While the pact was initially inked in 2021 a series of procedural setbacks and infighting in the South African government over a promise to shut <a href="https://mastodon.social/tags/coal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#coal</a> plants has delayed its implementation."<a href="https://www.bloomberg.com/news/articles/2024-07-15/south-africa-to-raise-2-4-billion-from-climate-pact-this-year" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.bloomberg.com/news/articles/2024-07-15/south-africa-to-raise-2-4-billion-from-climate-pact-this-year</a> <a href="https://mastodon.social/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a>

CelloMom On Cars"<a href="https://mastodon.social/tags/Indonesia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Indonesia</a>, a country that continues to be heavily dependent on coal, has just announced a major investment in a <a href="https://mastodon.social/tags/RenewableEnergy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RenewableEnergy</a> plan, marking an important shift. The funding comes from global lenders and is expected to spur greater investment in Indonesia’s renewable energy sector, as well as support decarbonisation. However, the Asian country will require significantly more funding in the coming decades if it hopes to undergo a meaningful transformation. "<a href="https://mastodon.social/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a> <a href="https://oilprice.com/Alternative-Energy/Renewable-Energy/Indonesias-20-Billion-Leap-into-Renewable-Energy.html" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://oilprice.com/Alternative-Energy/Renewable-Energy/Indonesias-20-Billion-Leap-into-Renewable-Energy.html</a>

CelloMom On CarsWhen "help" looks more like rent-seeking:"Reviewing leaked documents last month, the Reuters news agency noted that, of the €7.3 billion in public funding committed to Vietnam, only 2% will be as grants, mostly provided by the European Union. Almost the entirety of the funding will be in the form of loans, and a high percentage of those will be at market rates."<a href="https://mastodon.social/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a> <a href="https://www.dw.com/en/can-southeast-asia-afford-to-retire-its-coal-plants/a-67832965" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.dw.com/en/can-southeast-asia-afford-to-retire-its-coal-plants/a-67832965</a>

CelloMom On CarsEverything depends on what the J means in a <a href="https://mastodon.social/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a> deal. Sure, "The just transition is country and context specific."But before that, JETPs need to address social, racial, and finance justice on an international level.Otherwise it's just sparkling colonialism.I hope environmental and climate justice groups become the watchdogs on these deals, and *hound* the participants until they get it right.<a href="https://rmi.org/jetps-101-helping-emerging-economies-go-from-coal-to-clean/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://rmi.org/jetps-101-helping-emerging-economies-go-from-coal-to-clean/</a>

CelloMom On Cars<a href="https://mastodon.social/tags/Senegal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Senegal</a>'s is the fourth <a href="https://mastodon.social/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a> following deals with <a href="https://mastodon.social/tags/Indonesia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Indonesia</a>, <a href="https://mastodon.social/tags/Vietnam" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Vietnam</a> and <a href="https://mastodon.social/tags/SouthAfrica" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SouthAfrica</a>. "The money will be used to help Senegal achieve its target of 40% of installed capacity from renewable energies by 2030"Great!"and a draft investment plan will be finalised within 12 months."Ummm. Again: this could either jumpstart Senegal, or lead to more crippling debt. We don't know. But the power imbalance does not bode well.<a href="https://www.reuters.com/sustainability/climate-energy/senegal-seals-25-bln-euro-investment-deal-help-renewable-energy-push-2023-06-22/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.reuters.com/sustainability/climate-energy/senegal-seals-25-bln-euro-investment-deal-help-renewable-energy-push-2023-06-22/</a>

CelloMom On Cars<a href="https://mastodon.social/tags/Vietnam" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Vietnam</a> recently got $15.5 billion in <a href="https://mastodon.social/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a> funding.While news coverage focused on that amount, this is a deal, I'd love to know the conditions: What's the <a href="https://mastodon.social/tags/InterestRate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#InterestRate</a>? What are those private funders getting? They're not in it for charity: to them, it's a $10 bn investment. What are the expected returns?Did Vietnam have to agree to any other concessions, economic or otherwise?I'm guessing treating climate activists better was not part of the deal?<a href="https://www.reuters.com/sustainability/climate-energy/senegal-seals-25-bln-euro-investment-deal-help-renewable-energy-push-2023-06-22/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.reuters.com/sustainability/climate-energy/senegal-seals-25-bln-euro-investment-deal-help-renewable-energy-push-2023-06-22/</a>

CelloMom On CarsWhat is a Just Energy Transition Partnership?"The <a href="https://mastodon.social/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a> model focuses on expanding access to both public and <a href="https://mastodon.social/tags/PrivateFinance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PrivateFinance</a> to support critical and catalytic <a href="https://mastodon.social/tags/energy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#energy</a> system <a href="https://mastodon.social/tags/investment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#investment</a> needs. The funds come from a group of international countries called the International Partner Group (IPG) and private financial institutions. "So the private money is there to beef up the national contributions. (for what returns?)As for the "Just": the devil is in the details.<a href="https://rmi.org/jetps-101-helping-emerging-economies-go-from-coal-to-clean/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://rmi.org/jetps-101-helping-emerging-economies-go-from-coal-to-clean/</a>

Sony Kapoor :verified:“Relative to what needs to be done now, when the world is in the midst of a poly crisis, these deals are a pin prick,” said Sony Kapoor, professor of climate, geo-economics and finance at the Florence-based European University Institute. “It is commendable that these deals are recognising the issues at hand but at the same time, the financing is inadequate and is by design restricted to a few countries.”<a href="https://econtwitter.net/tags/JETP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JETP</a> <a href="https://econtwitter.net/tags/G20" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#G20</a> <a href="https://econtwitter.net/tags/COP27" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#COP27</a> <a href="https://econtwitter.net/tags/ClimateChange" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ClimateChange</a> <a href="https://www.pbs.org/newshour/world/indonesia-signs-20-billion-renewable-energy-bill-at-g20-summit" rel="nofollow noopener noreferrer" target="_blank">https://www.pbs.org/newshour/world/indonesia-signs-20-billion-renewable-energy-bill-at-g20-summit</a>

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