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France says no to fossil fuel extraction

France says no to fossil fuel extraction

PARIS: France’s parliament has passed into law a ban on producing oil and gas by 2040, a mostly symbolic gesture as the country is 99% dependent on hydrocarbon imports. In the vote, held by show of hands, only the rightwing Republicans party opposed, while leftwing lawmakers abstained. No new permits will be granted to extract fossil fuels and no existing licences will be renewed beyond 2040, when all production in mainland France and its overseas territories will stop.

France extracts the equivalent of about 815,000 tonnes of oil per year – an amount produced in a few hours by Saudi Arabia.

But centrist president Emmanuel Macron has said he wants France to take the lead as a major world economy switching away from fossil fuels  and the nuclear industry – into renewable sources.

His government plans to stop the sale of diesel and petrol engine cars by 2040 as well.