Indonesia's nickel industry is central to the global battery supply chain, but experts say current financial incentives are not enough to clean up its production. The article explains that subsidies and tax breaks have failed to drive meaningful emissions cuts because they don't address the underlying reliance on coal power and inefficient processing methods. Without stricter mandates on renewable energy use and pollution controls, the nickel boom risks locking in high emissions for decades. The piece highlights the gap between policy intent and real-world industrial decarbonization, making it a relevant read for anyone tracking how climate finance translates into actual emission reductions.
