An anonymous reader quotes a report from News: ’s parliament has approved a banning all exploration and production of oil and natural gas by 2040 within the country and its overseas territories. Under that that passed a final vote on Tuesday, existing drilling permits will not be renewed and no new exploration licenses will be granted. The French government claims the ban is a world . However, it is largely symbolic since oil and gas produced in France accounts for just 1 percent of domestic consumption. The rest is imported. French President Emmanuel Macron responded to the approval of the law on Twitter, saying in part: “Very proud that France has become the country in the world today to ban any new oil exploration licenses with immediate effect and all oil extraction by 2040.”


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