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August 23, 2024
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Will it be possible on the fifth try?: What is known about the new proposal to ban fracking?

Will it be possible on the fifth try?: What is known about the new proposal to ban fracking?

A group of 82 senators and representatives to the House filed, for the fifth time, a bill to ban fracking and the exploitation of unconventional deposits in Colombia.

The Colombia Free Fracking Alliance (ACLF), who leads the initiative, said that the idea of ​​this project is “make Colombia a country free of the most harmful fossil extractivism for water and life, which could be carried out in bituminous sandstones, methane hydrates, tight sandstones and carbonates, shales and gas in coal seams“.

(See: Ecopetrol’s abrupt ‘no’ to Oxy, a financial blow to its corporate governance).

The project seeks to protect the country from the intensification of a declining fossil model and keeps the country at the forefront of the climate discussion seeking a planned exit from fossils.“, the information added.

The project was signed by congressmen from various parties across the political spectrum, such as the ruling party Historic Pact; Comunes, which emerged from the demobilization of the former FARC; the Green Alliance; the Liberal Party, and Mira, a Christian confessional party.

(See: Moody’s warns of risks to Ecopetrol’s rating due to its US business).

Likewise, He is supported by representatives of centre-right parties such as the U and New Liberalism.

Fracking

THE TIME file

Fracking has been a controversial issue in recent years in Colombia, especially after Former President Ivan Duque He promised that this technique would not be carried out in the country, but his government endorsed pilots to assess the social and environmental impacts of developing fracturing in the future.

Faced with this, the executive of the current president, Gustavo Petro, He was strongly opposed to this technique, which allows the extraction of shale gas, a type of hydrocarbon found in layers of rock at great depth.

(See: Ecopetrol seeks to increase its commitment to fracking in the US with a new acquisition).

Fairly, the Deputy Minister of Environmental Land Management, Tatiana Roa, accompanied the congressmen who submitted the bill.

This project has been discussed for a decade and is now at the centre of the Government’s policies. This climate crisis is sending us a message that is being picked up by the Colombia Libre de Fracking Alliance. We recognise this initiative of organised citizens and it will be supported by the National Government.“, the official said.

(See: The story behind the fracking operator that has grown 1,400%).

EFE

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