What Happened: An expert panel assembled by the Colombian government has said three hydraulic fracturing pilot projects may advance under strict monitoring, Reuters reported Feb. 14.
Why It Matters: The Colombian government is attempting to establish hydraulic fracturing on a large scale to boost the country's oil production and reserves. Some left-wing politicians and local populations, however, have opposed the practice. The expert panel's opinion will give Bogota stronger legal backing to advance with pilot projects.
Background: Colombia's environmental groups and certain left-wing politicians and political organizations oppose hydraulic fracturing over concerns that widespread implementation would result in significant environmental damage without providing significant financial benefits for local towns and regions.
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