Here’s a piece that I planned to post some time ago but never quite got around to;
In what must be one of the most bizarre political stunts in my memory, France will stop granting new oil exploration permits next year as it seeks to end all oil and gas production by 2040.
Yep, you read that right, end all oil and gas production by 2040.
“The proposed legislation is part of President Emmanuel Macron’s broader plan to take the lead against climate change, after U.S. counterpart Donald Trump ditched the landmark Paris agreement to fight global warming.”
Now France doesn’t currently produce a whole lot of oil, but Oil revenues are worth
“as much as 300 million euros ($358 million) in annual revenue, and accounts for as many as 5,000 jobs, directly and indirectly”
Of course France won’t stop requiring fuel, power or petroleum-based products so this plan will have Zero impact on global warming and CO2 emissions and is therefore complete folly.
But they will be able to feel morally superior to the rest of the Western World for taking this decision – perhaps with that warm fuzzy feeling they can turn down their heating, then they might actually make a difference to global warming!