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In a conversation with CSIS, Lisa Viscidi explains the potential implications of this year’s elections in Latin America’s top oil producing countries. Political changes in Brazil, Colombia, Mexico, and Venezuela will affect oil output, with effects felt both domestically and in the United States.
Improving grid management, expanding fiscal incentives for renewable technologies, and improving the land consultation process will open the door to the large Mexican renewable energy market.
The next few years will see a major shift in the hemispheric natural gas trade, as increased US LNG exports increasingly displace volumes from other exporters.
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The government of Neuquén—Argentina’s top oil and gas producing province and home to the country’s huge shale play Vaca Muerta—is implementing a detailed plan to eliminate barriers to hydrocarbon development, Governor Omar Gutierrez said at an Inter-American Dialogue panel discussion. This includes facilitating equipment imports by removing customs tariffs, gradually eliminating consumer subsidies for natural gas, and signing a new labor agreement between the provincial government and labor unions.
IFLR speaks with Lisa Viscidi, director of the Energy, Climate Change and Extractive Industries program at the Inter-American Dialogue. Viscidi analyses recent developments in Latin America’s energy markets, particularly in relation to broadsweep energy market reforms in Brazil and Mexico.
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.
If the region increases renewables to 80% of the electricity matrix and expands integration, countries can save billions of dollars in investments, avoid blackouts and reduce their greenhouse gas emissions, argue Lisa Viscidi and Ariel Yépez.
Energy continues to be a bright spot in the US-Latin America relationship and new developments, like an uptick in US LNG exports, offer opportunities to increase energy security and cooperation across the Western Hemisphere.
El 29 de noviembre Lisa Viscidi, la directora del Programa de Energía, Cambio Climático e Industrias Extractivas, impartió una presentación en un evento de COMEXI en la Ciudad de México sobre la competitividad del sector petrolero en América Latina.
Addressing Latin America’s transportation challenges requires an integrated approach that includes stemming the growth in demand for private vehicles through the improvement of public transportation systems and non-motorized forms of transport; raising the levels of fuel efficiency and fuel quality; and diversifying fuel sources.
The less than 3 percent of Colombia’s population that lacks electricity lives mainly in areas of the country that have long been controlled by the FARC and other armed groups, such as Chocó in the Pacific, La Guajira on the Caribbean coast, and Putumayo in the Amazon. Not coincidentally, Colombians without access to electricity also have higher rates of poverty, fewer basic public services, and lower education levels than the rest of the country.
Latin America faces many challenges in developing its energy resources and providing clean, affordable and reliable energy. With presidential elections in Brazil, Mexico and Colombia next year, there is considerable uncertainty about future energy policy, as potential candidates in these countries have presented widely varying energy and economic policy platforms.
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With the fastest growing car fleet in the world, Latin America has reason to accelerate the transition to electric vehicles. Costa Rica, with its strong commitment to tackling climate change, is positioning itself to vastly expand EV use in the next five years.
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Under President Juan Manuel Santos, the Colombian government has vastly expanded protected areas, creating new national parks and providing land titles to indigenous and Afro-Colombian communities in the Amazon, Chocó and other important forest regions. However, many challenges remain. National parks and indigenous and Afro-Colombian lands continue to be threatened by illegal occupation, coca cultivation and illegal gold mining.
In spite of a steady economic recovery, low inflation and improving fiscal balances, Latin America is seeing weak private investment in energy and other sectors.
