Colombia Bill seeks permanent legal ban on new coal contracts
President Gustavo Petro came into office in 2022 on a pledge to wean the country off its dependency on fossil fuels.
Colombia, South America’s top coal producer, is proposing a mining bill which would ban new exploration and production contracts for the fuel.
The proposed law would also allow the expropriation of mining assets in some circumstances, for coal as well as other types of mines.
The bill seeks to advance the nation’s “decarbonization goals", according to the text which is currently open for comments on the Energy and Mines Ministry’s website. The bill hasn’t yet been sent to congress.
President Gustavo Petro came into office in 2022 on a pledge to wean the country off its dependency on fossil fuels. While his administration has refused to sign new coal and oil contracts, the proposed bill would go further by banning new coal licenses by law.
At the COP28 in Dubai, Colombia announced it joined a group of nations calling for the end of fossil fuels. Oil and coal are Colombia’s top two exports, accounting for about half of its export revenue.
The text of the bill also includes a proposal that would allow the government to expropriate mining assets in some circumstances. The assets would need to “contribute to the country’s reindustrialisation, energy transition, agricultural development and public infrastructure” and “generate direct qualified and unskilled jobs in decent conditions” among other requisites.
Comments
Research Reports
Projects
Latest News
Showroom
John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...
VISIT SHOWROOM
FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
