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International Update Volume 47, Issue 14

INDONESIAN MINISTRY LOOKS TO EXTEND MORATORIUM ON FOREST PERMITS

Indonesia

The Indonesian Environment and Forestry Ministry wants to extend by two years a moratorium on granting permits to use primary forest and peatland. The moratorium, passed in 2011, was initially instituted in order to reduce carbon emissions from forest fires caused by deforestation. The government has been under pressure to address the rampant deforestation and forest fires in the country, as these lands are still being used by farmers (despite an extant moratorium) and are being drained for use as palm oil plantations.

CHINESE AND EU OFFICIALS TO HOLD CLIMATE SUMMIT

China

Chinese and EU officials have agreed to meet in June to talk about trade protectionism and action on climate change. The intention of the meeting is to advance their support for the Paris Agreement in hopes of convincing the Trump Administration not to withdraw from the climate deal. In addition, China is hoping to have the European Union take on a leadership role on climate change. For the full story, see http://uk.reuters.com/article/us-eu-china-idUKKBN1871M4. 

VEHICLE REGULATIONS IN INDIA AND CHINA EXPECTED TO REDUCE GASOLINE DEMAND

China

Increased sales of hybrid vehicles and improvements in vehicle efficiency are already cutting the demand for gasoline. But China and India are going further, taking radical measures in their efforts to reduce carbon emissions from their transportation sectors. China wants 7 million alternative fuel vehicles sold in the country every year by 2025; India is promoting having all vehicles on the road electrified by 2032. Currently electric vehicles comprise 2% of the “global car fleet,” but these two regulations will help increase their market share.