CARBON TAX IN DEVELOPING COUNTRIES: INDONESIA

Climate change is an imminent danger that everyone is facing. One of the main causes is the green house gas (GHG) emission. According to PEACE (2007), in 2005, Indonesia is in the top 3 of world’s GHG emission excluding EU (by including EU, Indonesia is 4th). In 2008, Sri Mulyani, Indonesia’s financial minister, commissioned Green Paper written with the help of AusAID and Australian Treasury aiming to reduce emissions by 26% with business as usual up to 41% if there […]