Cuts to Washington’s energy engagement could undermine the connections that help support U.S.–Latin American cooperation on issues from security to immigration. When it comes to weakening energy integration in the Americas, there are few winners.
The agreements of the 2030 Agenda for Sustainable Development and COP21 in Paris put Latin American governments in a crucial stage to take action by developing adequate policies to scale up investments in renewable energy and making alliances to receive capacity-building and technological support.
With Brazil’s state oil company Petrobras engulfed in a massive corruption scandal, the government looks poised to introduce an energy sector overhaul.
Given their close proximity to the United States, LAC countries are well-positioned to capitalize on the surplus of US gas exports and current buyer’s market.
