Harnessing potential of biological CO2 capture for Circular Economy
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Indonesia
Key climate policy targets
NZE 2060
- Modelling roadmap NZE 2060, in the balance of high ambition, science and the real economy
- Inter-ministerial discussion on Long Term Strategy for Low Carbon and Climate Resilient (LTS-LCCR) for target carbon emission from the energy sector.
- Include CCS option in carbon reduction strategy for industry.
NDC 2030
- Alignment strategic plan 2030 into energy sector long-term strategy NZ 2060
- Considering the 2030 zero routine flaring policy for upstream oil and gas (UOG) activities (under
discussion)
Current government strategy for CCS-CCUS
- Involving universities and research institutions as center of Experts on CCS-CCUS
- Strengthening cooperation to deploy CCS-CCUS project
Deployment policies and programmes in place
Carbon pricing system, cap and trade, cap and tax scheme in place
- Issuance Act No.7 Year of 2021 regarding Harmonized Taxation,
- Issuance Presidential Regulation Number 98 of 2021 regarding carbon pricing.
CCS/CCUS Implemententation
- Issuance Ministerial Regulation No. 2 year 2023 regarding CCS/CCUS Implementation on
Upstream Oil and Gas - The current PSCs scheme accommodates CCS-CCUS from upstream oil and gas,
- Include CCS-CCUS operating cost charges within the petroleum operation cost
Priorities going forward
Legislation program
- Include CCS-CCUS activities in revision of the Oil and Gas Act
- Under discussion to start formulating regulations regarding CCS Hub
Establishing international cooperation on CCS-CCUS implementation
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