A new report by the Inter-American Dialogue analyzes the challenges to environmentally and socially sustainable development of the oil and mining sectors in Colombia and raises important questions for policymakers, such as where extractive industries should be permitted to operate, who should be responsible for oversight and how to make operations more environmentally sustainable.
Lisa Viscidi, Director of the Energy, Climate Change and Extractive Industries Program, testified before the US House of Representatives Committee on Foreign Affairs on the subject of “Energy Opportunities in Latin America.”
On March 7th, the Inter-American Dialogue and CAF-Development Bank of Latin America organized a roundtable with a diverse group of experts to provide input for a forthcoming report on US investment in Latin American energy.
As Latin American countries reassess their energy policies in light of lower oil prices, there is an opportunity to apply lessons learned from the US experience to enact regulations that mitigate environmental risks, strengthen public support, and attract investment.
Argentina’s nascent shale industry is one of the most promising frontiers for unconventional oil and gas development outside of the US.