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Energy industry

Indonesia’s China-backed high-speed train sparks concerns of debt trap

by Walter Watson
Indonesia’s China-backed high-speed train sparks concerns of debt trap

Indonesia is starting trial runs for its first high-speed train, which will connect the capital Jakarta to a neighboring city of Bandung, after years of delays and cost overruns plagued …

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Government Fossil Fuel Subsidies Topped $1 Trillion In 2022

by Horatio Thompson
Government Fossil Fuel Subsidies Topped  Trillion In 2022

In 2022, global governments subsidized fossil fuels to the tune of $1.3 trillion, according to the International Monetary Fund. It seems member countries of the G20 just can’t wean themselves …

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