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FRANCE TO END OIL AND GAS PRODUCTION BY 2040

09/11/2017

France plans to pass legislation this year to phase out all oil and gas exploration and production on its mainland and overseas territories by 2040, becoming the first country to do so. France has previously stated its goal to discontinue the sale of gasoline and diesel vehicles by the same year, and President Macron wants to make France carbon-neutral by 2050. The decision is, however, largely symbolic because France produces only about one percent of its consumption. The country will continue to import and refine oil. For the full story see http://news.trust.org/item/20170906101735zq64k/?cid=social_20170906_73915307&adbi
d=905382080841891840&adbpl=tw&adbpr=89711639