Will China or the US shape Indonesia’s energy future?

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The race to replace coal in Indonesia, the world’s largest coal exporter, has become a contest between the US and China. At stake is not only Indonesia’s climate future, but also which superpower sets the terms for the next generation of energy in the developing world.Like much of the developing world, Indonesia faces a choice between two stark energy futures.Chinese companies signed more than US$54 billion in agreements in 2023 with Indonesian state utility PLN, while Indonesian President...