Coal news and updates

Colombia bill seeks permanent legal ban on new coal contracts

At the COP28 in Dubai, Colombia announced it joined a group of nations calling for the end of fossil fuels.

Colombia, South America’s top coal producer, is proposing a mining bill which would ban new exploration and production contracts for the fuel.

The proposed law would also allow the expropriation of mining assets in some circumstances, for coal as well as other types of mines.

The bill seeks to advance the nation’s “decarbonization goals,” according to the text which is currently open for comments on the Energy and Mines Ministry’s website. The bill hasn’t yet been sent to congress.

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