Adaro’s coal spin-off: growing a climate conscience or simple greenwashing? Adaro Energy Indonesia is feeling the pressure of the energy transition. Its recent plan to divest its thermal coal arm through a public offering indicates a growing struggle to finance its…

🚨 𝗔𝗱𝗮𝗿𝗼’𝘀 𝗖𝗼𝗮𝗹 𝗦𝗽𝗶𝗻-𝗼𝗳𝗳: 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗖𝗼𝗻𝘀𝗰𝗶𝗲𝗻𝗰𝗲 𝗼𝗿 𝗚𝗿𝗲𝗲𝗻𝘄𝗮𝘀𝗵𝗶𝗻𝗴? 🚨
#AdaroEnergy is feeling the pressure of the energy transition and it’s selling its thermal coal business: but is this real climate action or just a smokescreen? Let’s break it down. #EndCoalFinance #Greenwashing