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Valetta, Europe’s biggest natural port
Valetta, Europe’s biggest natural port
Ludovic Bishoff

VALETTA It is an inhospitable rock floating in the Mediterranean Sea. A piece of coralline limestone blown by the winds and burned by the sun with a layer of earth so thin that nothing much can grow on it.

Welcome to Malta, a simple and unpretentious place. Yet, this archipelago comprising eight islands – only two of which are populated – was disputed by every great civilization surrounding it for over 5,000 years. The firsts to lay foot on it were from nearby Sicilia. Then came the Phoenicians, the Greeks, the Romans, the Byzantines but also the Arabs and the Normans. They all came to get a piece of this poor land, whose strategic geographical position made it a crucial gateway in the Mediterranean.

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Economy

The Bogus Concept Of "Carbon-Neutral" Oil

The Colombian president recently said that the country had exported one million barrels of carbon-neutral or offset oil. But in an unregulated carbon market, such a claim is pure greenwashing.

People walk in the streets of Bogotá

María Mónica Monsalve Sánchez

-OpEd-

BOGOTÁ - In March this year, various national and corporate leaders met in Houston, Texas, for CERAWeek, an annual conference to discuss the world's energy challenges. Colombia's President Iván Duque took the opportunity to remind participants that his country produced just 0.6% of the world's carbon emissions even as it had raised crude production to one million barrels a day.

He said oil should not be seen as an enemy, since the fight was really against greenhouse gas emissions. He also revealed at the event that the country's national oil firm, Ecopetrol, had sold the Asian market its first million barrels of carbon-neutral or offset crude, consisting of the entire extraction, production and exportation chain.

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