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.”

Share on Google+

Read more of this story at Slashdot.

Related posts: