Ready To Accommodate Carbon From Other Countries, This Is The Mechanism
JAKARTA - Indonesia officially has regulations regarding the capture and storage of carbon capture and storage (CCS) as stated in Presidential Decree No. 14 of 2024 concerning the Implementation of Carbon Capture and Storage Activities signed by President Joko Widodo
In the regulation signed on January 30, it also regulates the transportation mechanism for tau transport of carbon across countries or crossborder transportation of carbon. Just so you know, the government opens space for other countries to store their carbon in Indonesia.
Article 45 of the regulation states that in order to facilitate the transportation of cross-border CCS implementation, bilateral cooperation agreements are carried out between countries.
"Cooperation agreements are a guideline for all parties to issue recommendations or permits needed in the context of transportation of carbon across countries in accordance with the provisions of the laws and regulations in force in their respective countries," wrote the Presidential Decree.
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Then in article 47 it is stated, for carbon transported into the Indonesian customs area, it must be registered by importers once at the first time importing in accordance with the provisions of the legislation.
Still in article 47, carbon transportation is carried out after a bilateral agreement between the Republic of Indonesia and the right country of carbon is produced and captured.
Then if there is a leak during cross-border carbon transport, the leak does not increase the inventory of Indonesian greenhouse gases.
It is known that the government has prepared a carbon storage portion for other countries of 30 percent, while 70 percent is provided for domestic carbon producers with a location of 70 percent.