Colombia’s Coal Mining Ambitions Could Backfire ...Middle East

OILPRICE - Economy
Colombia’s Coal Mining Ambitions Could Backfire
source : OILPRICE ( Middle East ) () 19
As many developed and even emerging nations aggressively pursue renewable energy targets with a focus on winding down the extraction of fossil fuels, strife-torn Colombia reaffirms that fossil fuel production is crucial to its economic development. In a recent statement, Minister for Mines and Energy Diego Mesa declared that the extraction of thermal coal was an important driver of Colombia’s economy. The minister went on to state that coal mining was responsible for 120,000 jobs and generating 85% of all mining revenues earned by the central…

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