Petro looms new interventions in the energy sector

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The controversies generated by the leftist President of Colombia, Gustavo Petro, do not cease.

This week again, the President has provoked public opinion by stating his intention to “democratize” energy generation in the South American country where six companies are currently in charge of performing this task to provide electricity to the homes of Colombians.

“There is an oligopoly of six generating companies with the population by the neck (…) Why not democratize, then, the generation of energy? Isn’t that, perhaps, democracy?” said Petro in a visit to the Cauca region, alluding to the alleged advantages that a new scheme . . .

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