Colombia’s coal mining ambitions could backfire

Despite pursuing renewable energy targets to wind down fossil fuel extraction, 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 stated that coal mining was responsible for 120,000 jobs and generates 85% of all mining revenues earned by the central government.

Source: Yahoo Finance