If, as expected, you read this in the Tuesday, November 15th 2022 newsletter, then Gustavo Petro celebrates his 100th day as President of Colombia. A Petro presidency was always going to be challenging but we do not think anyone anticipated the speed of the roller coaster we ride.
Like many things in this polarized world we now live in, most, perhaps all, Colombians fall into one of two camps: those who think Petro is a disaster and those who think there have been hiccups but he has brought about more change in three months than most presidents in three years. And like most things in this polarized world we now live in, both viewpoints contain elements of truth.
President of Congress, Roy Barreras, wrote a column in El Tiempo talking about key issues for the government such as the tax reform, and oil exploration.
The Minister of Mines and Energy (MinEnergia), Irene Vélez, talked about oil and gas exploration contracts.
The Comptroller General, Carlos Hernan Rodriguez, spoke about the controversy over the possibility of stopping oil and gas exploration in the country.
President Gustavo Petro gave a speech at the United Nations Climate Change Conference 2022 (COP27).
The third and fourth commissions of the Senate and the House of Representatives approved, in a first debate, the budget for the General Royalties System (SGR).
Spanish congressman Nicolás González visited Colombia and spoke about natural gas as a sustainable energy, and of the negative effects of setting high decarbonization goals.
The Colombian House of Representatives approved the article of the tax reform that closes the door for oil and mining companies to deduct royalty payments from their income tax.
ACP’s Francisco Lloreda spoke about the energy transition process, the tax reform and the uncertainty generated by the new government.
The tax reform includes modifications to the carbon tax, a levy on the carbon equivalent content (CO2eq) of all fossil fuels in the country.
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