The union leader spoke mainly about the announcement by the ministries of Finance, Foreign Trade and Mining and Energy, which indicate that the timing of this transition will depend on an export transition, on achieving a more diversified economy and less dependent on oil and coal. and the country’s fiscal and macroeconomic sustainability.
“It is an announcement that the country has been waiting for, as it is part of the recognition that the energy transition cannot depend solely on a few energy and environmental goals, however commendable they may be, especially when it is known that the impact of the sector’s activity on the global climate crisis is minimal and that is the biggest challenge of the energy transition Colombia it is not the supply of energy but the demand; that is, in the transition of the fleet,” Lloreda indicated at the Colombia Genera de la Andi event in Cartagena.
In this line, the President of the PCA highlighted the benefits of increased investment in clean energy, the gradual substitution of fossil fuel demand, greater energy efficiency, the review and relaxation of regulations to accelerate clean energy generation, and the reindustrialization of the Colombian economy, announced for him Government.
“These are important objectives that, like those that will determine the timing of the transition, will require concrete actions, targets and indicators, which will hopefully be included in the National Development Plan so that, as indicated by the government, they are subject to permanent evaluation. ”, said the union leader.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
