France puts an end to the exploitation of fossil fuels

The decision is important to motivate other countries to follow the same path

France puts an end to the exploitation of fossil fuels

Leer en Español: Francia le pondrá fin a la explotación de combustibles fósiles

Climate change is a problem that affects the whole world. Renewable energies, environmental care, the reduction of the carbon footprint, and the winter effect must be fundamental problematics to be approached by each nation.

France has become a pioneer in taking a main decision against fossil fuels: ending the national production of oil, gas, coal, and other fossil fuels by 2040 as the deadline.

The announcement was made by President Emmanuel Macron. To fulfill the promise, the bill provides for the prohibition of new prospecting permits for hydrocarbons, liquids or gases, even at sea. France will not give new authorizations for coal.

The new French law will prevent not only traditional extraction, but also fracking. Thus, France takes a necessary step. However, if France was emulated across Europe, the actual impact would be very low, since most of the oil is extracted in the Arab countries, the Persian Gulf, and the United States.

France will not renew the exploitation permits. Meanwhile, France prohibits the extraction of unconventional hydrocarbons such as shale gas and any kind of method used to perform this task.

Furthernore, France adopted two derogations: first, production may continue after 2040 if the industrialist who holds a permit has not covered his expenses with respect to his previous prospections; second, the exploitation of sulfur in the Lacq basin in the southwest continues.

According to The World FactBook, Russia occupies the first place in production of barrels of crude with 10,550,000 barrels / day. Russia is followed by Saudi Arabia with 10,460,000 barrels / day and the United States with 8,853,000 barrels per day. While France occupies the 74th place with 16,420 barrels / day, which has a very low impact in the fight against climate change.

In Latin America, the most productive country is Brazil. Brazil is in the position number 10, and it is followed by Venezuela and Mexico in positions 11 and 12, respectively. Colombia is in the 22nd place, Ecuador in the 27th, and Argentina in the 28th place, all of them hold a high production.

According to this same portal, France ranks 70th in the annual production of natural gas, likewise, it does not excel in the production of coal. Therefore, France’s decision is a big step towards sustainability. Nevertheless, this decision does not have big impact over world’s situation.

While the industry and the automotive sector do not dispense with fossil energy, the impact on global warming will continue to be enormous. In any case, the news supposes a great advance when coming from a world power with great influence. This news could lead to an initiative. Whether, the big producers can replicate the purpose and favored of the oil industry.

LatinAmerican Post | Helber Rojas

Copy edited by Marcela Peñaloza

 

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