France to ban fossil fuel extraction beyond 2040

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The French parliament has approved a ban on oil and gas production beyond 2040 and also an immediate halt to the granting of new fracking or extraction licences on all mainland and overseas French territories, which currently produce a relatively small equivalent of 815,000 tonnes of oil per year.

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The French parliament has approved a bill of law banning exploration and production of all oil and natural gas by 2040 within mainland France and all overseas territories, reports EcoWatch.