Luhut: Indonesia is Confident Does Not Import Fossil Fuels in 2045

Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan said Indonesia no longer imported fossil fuels in 2045. This he explained based on the research he had done. According to him, commodities that will replace or alternative fossil fuels are palm oil. Luhut said that in 2045, Indonesia could produce around 100 million tons of palm oil.

“We are researching about palm oil, because we believe that in 2045 we can produce around 100 million tons of palm oil. 30 percent will be directed to food and the remaining 70 percent, we can do research and we can make ethanol. So we don’t need to import Fossil oil at the time, “Luhut said in” Indonesia Zero Pathway: Opportunity & Challenges “held at the Indonesian Pavilion, the World Economic Forum Annual Meeting 2023, quoted from Antara on Wednesday (1/18/2023).

Luhut explained, the development of alternative fuels was one of the five green economy pillars being intensified by Indonesia. He mentioned the other four pillars, namely the decarbonization of the electricity sector, low carbon transportation, one of which in the form of adoption of electric vehicles, green industries, and carbon sinks which included Carbon Capture and Carbon Offset Market. Luhut said the role of palm oil in the future would be very large. Especially in the acceleration of the achievement of net zero emission 2060 which will be encouraged by the transition of energy from fossil energy to renewable energy.

The Indonesian government is said to be a moratorium on oil palm plantation permits so that the level of productivity can increase from 2.3 tons per hectare to 8 to 10 tons per ha. The increase is the target in the next 10 to 15 years. The moratorium policy itself is also carried out to reduce deforestation due to the expansion of oil palm plantations. As the largest CPO and Biodiesel producer in the world, Indonesia has implemented a mandatory program for the use of CPO -based biodiesel since 2008. The mandatory program is carried out with the aim of reducing the import of fossil fuels, especially diesel fuel, increasing the use of renewable energy and reducing emissions from the use of fossil fuels .

“Indonesia has built collaboration with Malaysia, I think 74 percent will come from these two countries,” concluded Luhut.

January 18, 2023, detikFinance

(https://finance.detik.com/energi/d-6522932/luhut-pede-ri-tidak-impor-bahan-bakar-fosil-2045)