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Indonesia is the world’s third-largest producer of coal. Not solely does it energy the nation, it powers the financial system. However the nation’s president, Joko Widodo, desires to alter that. Indonesia is garnering international consideration attributable to its inventory of nickel and cobalt, core components within the batteries wanted for the booming electrical car trade. Can the federal government swap the fossil-fuel-powered financial system to 1 that runs on batteries as an alternative?
On this week’s podcast, hosts Soumaya Keynes, Mike Chicken and Alice Fulwood ask whether or not Indonesia can actually go inexperienced. Zanny Minton Beddoes, The Economist’s editor-in-chief, sits down with Joko Widodo to seek out out if he’s the person to wean the nation off coal. Finance minister Sri Mulyani Indrawati and schooling minister Nadiem Makarim inform us the right way to prepare a technology of battery-makers. And Patrick Foulis, our business-affairs editor, warns of a crimson flag. Runtime: 38 min
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