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Metode valuasi ekonomi dalam pengambilan kebijakan lingkungan di sektor pertambangan Yuniar, Farchani Putri
Journal of Economic, Business & Accounting Research Vol. 1 No. 2: (January) 2024
Publisher : Institute for Advanced Science Social, and Sustainable Future

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61511/jembar.v1i2.2024.504

Abstract

The mining sector is a strategic pillar of national economic development. This sector provides a multiplier effect on people's lives but also has the potential for negative impacts on the environment. Economic valuation of natural resources and the environment is needed to determine the quantitative value of the goods and services produced. The purpose of writing this paper is to analyse the comparison of the use of economic valuation methods in environmental policymaking in the mining sector. Literature studies were carried out to look for references in the form of journals that were considered relevant to the purpose of the writing. Economic valuation methods such as cost-benefit analysis (CBA), real option valuation (ROV), and net present value (NPV) are crucial in the context of policymaking in the mining sector. These three methods can be used together or separately, depending on the context and characteristics of the project. The government and mining companies in Indonesia can utilise CBA for general policies, NPV for projects with a low level of uncertainty, and ROV for projects with a high level of uncertainty. The use of appropriate methods will provide a strong foundation for sustainable decision-making and support the development of an economically, environmentally, and socially responsible mining sector.
Strategy for developing the utilization of organic waste as an alternative source of electricity in Indonesia Yuniar, Farchani Putri; Ginting, Grace Gardania
Bioculture Journal Vol. 2 No. 1: (July) 2024
Publisher : Institute for Advanced Science, Social, and Sustainable Future

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61511/bioculture.v2i1.2024.950

Abstract

Background: Indonesia has pledged to reach its Net Zero Emission target by 2060, necessitating the shift to renewable energy sources. To achieve this, Indonesia must transition from its current reliance on fossil fuel power plants to renewable energy generators, ensuring the same or greater electricity capacity. One viable renewable energy source is organic waste. This study aims to explore strategies for developing organic waste as an alternative energy source to bolster Indonesia's energy resilience and environmental sustainability. Method: The research employs a qualitative approach, including literature reviews and qualitative descriptive analysis. Findings: Waste to Energy (WtE) processes convert waste into electricity and/or heat, aiding in greenhouse gas reduction, improving waste management efficiency, and supporting sustainable development. WtE technologies can utilize both thermochemical and biochemical methods to convert waste into energy. The Indonesian government is known to have 12 projects to accelerate the installation of Waste Processing into Electrical Energy, both the Waste Power Plants that have been in operation and under construction and using gasification as the method. The development of WtE faces various challenges ranging from completeness and consistency of regulations, high tipping fees, complex cooperation mechanisms and business models, problems with the characteristics and nature of Indonesian waste that need special handling, and rejection from residents. Conclusion: Strategies that can be implemented in developing WtE in Indonesia include drafting policies and regulations, increasing public awareness, collaboration with the private sector, choosing the right technology, developing infrastructure, increasing the efficiency of waste collection, and international partnerships.  Novelty/Originality of this study: This research offers concrete strategies to develop Waste to Energy (WtE) technology in Indonesia, including policy formulation, increasing public awareness, and collaboration with the private sector to utilize organic waste as a renewable energy source to support the 2060 Net Zero Emission target.