President Gustavo Petro recently sanctioned Law 2327 of 2023, which introduces the concept of environmental liability and outlines guidelines for its participatory, adequate, and timely management.
In a recent article, Minister Susana Muhamad argued, “Water is for life, not for fracking,” expressing concerns about the impact of fracking on water resources. While ACIPET strives to avoid political controversy, it seeks to contribute to sustainable national growth and transformation.
President Gustavo Petro and Environment Minister (MinAmbiente) Susana Muhamad addressed the reduction of oil, coal, and gas extraction to combat the climate crisis during the United Nations General Assembly.
MinEnergia recently published its draft energy transition roadmap and the attention has focused on electrification for good reason: the Colombian government expects a dramatic increase in the proportion of total energy – including transport – served by electricity. For that, we have written extensively in our sister publication ePowerColombia. But the roadmap makes assumptions about oil and gas demand and supply that could impact the hydrocarbons industry.
The National Planning Department (DNP), in collaboration with the French Development Agency and ECLAC, released a study examining the repercussions of halving the production of oil and coal on employment, GDP, and poverty levels.