Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
December 20, 2017 04:00 am

France Passes Law To Ban All Oil, Gas Production By 2040

An anonymous reader quotes a report from CBS News: France's parliament has approved a law banning all exploration and production of oil and natural gas by 2040 within the country and its overseas territories. Under that law that passed a final vote on Tuesday, existing drilling permits will not be renewed and no new exploration licenses will be granted. The French government claims the ban is a world first. However, it is largely symbolic since oil and gas produced in France accounts for just 1 percent of domestic consumption. The rest is imported. French President Emmanuel Macron responded to the approval of the law on Twitter, saying in part: "Very proud that France has become the first country in the world today to ban any new oil exploration licenses with immediate effect and all oil extraction by 2040."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/FE09_7sv4F8/france-passes-law-to-ban-all-oil-gas-production-by-2040

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot