Cirebon case shows closing coal plants proves a hard sell for big global banks | Eko Listiyorini, Norman Harsono & Faris Mokhtar / Bloomberg

A midsized, 11-year-old coal power station in West Java is an unlikely bellwether for global climate finance.  Cirebon-1 helps keep the lights on and factories whirring in the port city it’s named after, a few hours’ drive east of Jakarta. Like much of the coal fleet that generates some 60% of Indonesia’s…

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