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Petro warns fossil capitalism fuels barbarism; 50 nations act

4/30/2026

Summary

Story summary

President Gustavo Petro warned that fossil-fuel capitalism is steering the world toward barbarism and fascism at a conference in Santa Marta, Colombia.
Fifty nations discussed ending coal, oil and gas at the event.
Vanuatu climate minister Ralph Regenvanu said sea-level rise and high energy costs are speeding solar and electric-vehicle projects.
Think-tank analyst Leo Roberts warned that $1.5 trillion annual fossil-fuel subsidies could fund climate action in the debt-burdened Global South.

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Story summary

President Gustavo Petro warned that fossil-fuel capitalism is steering the world toward barbarism and fascism at a conference in Santa Marta, Colombia.
Fifty nations discussed ending coal, oil and gas at the event.
Vanuatu climate minister Ralph Regenvanu said sea-level rise and high energy costs are speeding solar and electric-vehicle projects.
Think-tank analyst Leo Roberts warned that $1.5 trillion annual fossil-fuel subsidies could fund climate action in the debt-burdened Global South.