Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

France says no to fossil fuel extraction

byCT Report
02/01/2018
in Uncategorized
Share on FacebookShare on Twitter

PARIS: France’s parliament has passed into law a ban on producing oil and gas by 2040, a mostly symbolic gesture as the country is 99% dependent on hydrocarbon imports. In the vote, held by show of hands, only the rightwing Republicans party opposed, while leftwing lawmakers abstained. No new permits will be granted to extract fossil fuels and no existing licences will be renewed beyond 2040, when all production in mainland France and its overseas territories will stop.

France extracts the equivalent of about 815,000 tonnes of oil per year – an amount produced in a few hours by Saudi Arabia.

You might also like

Pakistan lines up three LNG cargoes to meet peak summer power demand

04/06/2026

Pakistan, Tajikistan agree on 3-year roadmap to boost trade to $200m

04/06/2026

But centrist president Emmanuel Macron has said he wants France to take the lead as a major world economy switching away from fossil fuels  and the nuclear industry – into renewable sources.

His government plans to stop the sale of diesel and petrol engine cars by 2040 as well.

Related Stories

Pakistan lines up three LNG cargoes to meet peak summer power demand

byCT Report
04/06/2026

KARACHI: Pakistan has arranged three LNG cargoes under long-term contracts with Qatar and is seeking an additional spot cargo for...

Pakistan, Tajikistan agree on 3-year roadmap to boost trade to $200m

byCT Report
04/06/2026

ISLAMABAD: Pakistan and Tajikistan have agreed to a comprehensive three-year roadmap aimed at increasing bilateral trade to $200 million, while...

CCP approves acquisition of Pakistan oxygen’s liquid CO2 Plant by Pak Arab fertilizers

byCT Report
04/06/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of the liquid carbon dioxide (LCO2) plant of...

Australian high commissioner visits SCCI

byCT Report
04/06/2026

SIALKOT: Australian High Commissioner to Pakistan Timothy Kane visited the Sialkot Chamber of Commerce and Industry (SCCI) and held an...

Next Post

Switzerland introduces landmark VAT changes

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.