France Passes Law to Ban all Oil and Gas Production by 2040

Posted on:20 Dec 2017 15:45:02
France Passes Law to Ban all Oil and Gas Production by 2040
20 December 2017 Current Affairs: France's parliament has approved a law banning all exploration and production of oil and natural gas by 2040 within the country and its overseas territories.

Under that law that passed a final vote, existing drilling permits will not be renewed and no new exploration licenses will be granted.

The French government claims the ban is a world first.
France's parliament has approved a law banning all exploration and production of oil and natural gas by 2040 within the country and its overseas territories.

Under that law that passed a final vote, existing drilling permits will not be renewed and no new exploration licenses will be granted.

The French government claims the ban is a world first.

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