France can stop producing oil

Making a country-neutral in petroleum production in about 30 years, is it possible? This is the pretension of the French government, according to President Emmanuel Macron, who plans to approve legislation yet this year in order to end all oil and gas exploration in its territory up to 2040, with the expectation of making the country free of petroleum by 2050.

According to the preliminary project presented by the Government, France will no longer guarantee exploration licenses. And the extension of current concessions will be gradually limited until they are closed in 2040, when the country also wishes to end the sales of diesel and petrol vehicles.

The decision is to meet France's tactics and actions when committing to goals to combat climate change. The question is, where are the French oil companies going to fit in the interim? Did the majority follow the example of the Total coming to explore oil and gas in Brazil? Let's wait.

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