Colombia's President Opposes Fossil Fuels

This is a Colombia news story, published by Yahoo News Canada, that relates primarily to Gustavo Petro news.

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fossil fuels

The Canadian Press | Canada's Trusted News Leader

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Colombia’s government is eager for post-fossil fuels economy. But costs are a barrier

Summary

Nutrition label

77% Informative

Colombia 's oil reserves are projected to last only about seven years .

Oil and coal are key to Colombia ’s national revenue, accounting for about 8% of GDP and over 50% of its exports.

President Gustavo Petro is a longstanding critic of what he calls the “greedy” extractive sector.

He has stopped approval of new oil drilling contracts, has banned fracking and pushed through offshore wind power projects.

There are serious gaps between the ambitions Petro has set and the policies in place, says Gonzalez .

“ Colombia needs to expand its clean energy supply and improve energy efficiency at a scale and speed far greater than what we’re currently achieving,” he says.

Hare: Colombia is facing a downgrade economically because of that.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

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not offensive

Hate speech