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Joseph Rachman

Joseph Rachman

SCMP Contributor
Joseph Rachman is a freelance journalist covering Indonesian and Asean news.
Joseph Rachman is a freelance journalist covering Indonesian and Asean news.
Languages Spoken:
English

Bali is known for its beaches. Now its tourism trade is betting on other things

Bali is aiming for a slice of the multi-billion dollar global market for wellness tourism as investors flock to develop related projects.

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The Southeast Asian nation has the largest geothermal reserves in the world, but experts are split over whether game-changing amounts of energy can be produced given the costs of drilling and insufficient government support.

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The plan aims to restrict peak CO2 emissions from the power sector to 250 million tons, allowing Indonesia to generate 44 per cent of its energy from renewables by 2030.

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The US will clarify an IRA provision that stipulates EVs benefiting from tax deductions cannot contain components made by a ‘foreign entity of concern’, a restriction that observers say aims to combat Chinese dominance in the industry.

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