Tag: Colombia Proposes permanent coal mining ban to advance decarbonization

Colombia aims to ban new coal mining licenses to advance decarbonization goals. President Petro’s refusal to sign new coal contracts aligns with this pledge. Despite being South America’s major coal producer, Colombia targets a 51% emission reduction by 2030. Thermal coal provides 16% of energy, aiding during low rainfall periods. In 2023, exports included 54.5…