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food / travel

Venice For Sale? Historic Buildings Flipped Into Airbnbs

As even the Catholic Church sells off its jewels to hungry hotel developers, the few remaining real Venetians wonder if their city is finally slipping away for good.

Venice is already emptied of residents and overflowing with visitors
Venice is already emptied of residents and overflowing with visitors
Lorenzo Padovan

VENICE — Everyone seems to agree on city plans to sell some of Venice's historic palaces to private investors: the local government, the post office, the Italian army — even the Catholic Church. All of them are drawn to the idea of turning these historic buildings into resorts and hotels, transforming Venice once and for all into a tourism-only city of hotels and Airbnbs. Already emptied of residents and overflowing with visitors, the city would become home to an unending string of hotels and apartments for rent.

The latest sale announced was an old hospital on the island of Lido, sold to Club Med, which will convert it into a luxury resort that will transform the entire island. The Italian army recently sold a former barracks for the military's only amphibious assault unit, and the new owners will build a 5-star hotel in its place.

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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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