colombia_oil (1) Energy Minister Irene Vélez of Colombia confirmed on Thursday that the South American nation will stop awarding new oil and gas exploration contracts, a decision that she described as “absolutely urgent.”
Vélez made her announcement at the gathering of the World Economic Forum in Davos, during a panel titled “The Different Roads to Energy Transition.” The Colombian minister’s statement follows far-left President Gustavo Petro proposing at the same venue to “decarbonize capitalism” to “prevent the planet’s extinction.”
“We decided that we are not going to grant new gas and oil exploration contracts,” Minister Vélez said, adding, “importers of coal […]
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