Colombia floats exempting some renewable energy projects from environmental license requirement
BOGOTA, May 22 (Reuters) - Colombia could exempt some renewable energy projects from requiring environmental licenses, Energy and Mines Minister Edwin Palma said on Thursday, in a bid to unblock pending investments from government red tape.
Leftist President Gustavo Petro has vowed to carry out a transition away from fossil fuels toward clean energy during his administration, but according to Palma, more than half of renewable energy investments are stalled due to licensing bottlenecks.
"It makes no sense for our own government, through these agencies, to be creating obstacles to developing renewable energy," Palma said at a meeting in Barranquilla.
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