Electric mobility would bring a host of benefits to Latin America. Countries like Chile are taking the lead in adopting electric buses and promoting private use of electric vehicles. Yet hefty price tags and a lack of charging infrastructure are among the barriers that must be surmounted for widespread uptake in the region.
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New leaders in Mexico and Brazil may mean big changes to their respective energy sectors. Lisa Viscidi tells Richard Miles of CSIS that a Mexican delay on offshore bidding could have a major impact, but that Brazil is likely to maintain the status quo. Venezuela could take years to recover production once it emerges from its current crisis, given the massive investment required to reverse declining oil output.
November’s midterm elections altered the balance of power in Washington, and the new Democratic majority in the House of Representatives, which will mean new chairs on key committees, will play an important role in shaping US energy diplomacy and energy markets in the Western Hemisphere. At an event co-hosted by the Inter-American Dialogue and the Institute of the Americas, panelists discussed how the new Congress will approach key issues affecting energy within the context of Latin America’s evolving role in US trade and foreign policy.
Mexico’s 2013 energy reform has led to pledges of almost $200 billion of private investment and renewable power auctions garnering bids to provide electricity at record-low prices. The Mexican government should continue to build on the successes of the reform, César Hernández, former Mexican undersecretary for electricity, and Jorge Castilla, managing director for Mexico at Accenture, said at an event hosted by the Inter-American Dialogue, the Embassy of Mexico, and the Energy Policy Research Foundation.
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Jair Bolsonaro’s victory in the Brazilian presidential election was widely seen as promising for the country’s oil sector, which has been revitalized by reforms that opened the upstream market under the Temer administration, but many questions remain unanswered as the January 1 inauguration approaches. Lisa Viscidi spoke with Meghan Gordon and Brian Scheid of the Capitol Crude podcast about the future of Petrobas and its subsidiaries, fuel subsidies, and deepwater exploration under Bolsonaro.
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In an interview with Benjamin Gedan, director of the Wilson Center’s Argentina Project, Lisa Viscidi discusses the current conditions and outlook for three key components of the Argentine energy sector.
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Lisa Viscidi, directora del programa de Energía, Cambio Climático e Industrias Extractoras del Diálogo Interamericano comenta con Gustau Algret para Poder Latino de NTN24 sobre la desaparición del periodista saudí Jamal Khashoggi y las consecuencias del poder petrolero de Arabia Saudita.
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2018 has been a year marked by great political uncertainty for Latin American energy markets. Oil prices are up, creating strong incentives for investment, rising US natural gas exports are creating a new source of flexible, cheaper energy for Latin American consumers, and the cost of wind and solar energy is declining dramatically. However, Latin America continues to face uncertainty in energy policy as new governments take office in many countries and geopolitical tensions between the US and China are on the rise. With many questions on the table, government officials, corporate representatives, and analysts gathered on October 25 at the Inter-American Dialogue to assess the future of energy policy in the Western Hemisphere.
Until this year, resource nationalism—when a government asserts its control over a country’s natural resources—seemed to be on the wane in Latin America. But its potential return could set back Latin America’s two largest economies.
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At the Fourth Annual Latin America Clean Transport Forum on September 27, government officials, private sector leaders, and international researchers gathered in Buenos Aires to discuss the challenges and opportunities for electric vehicles and what global and regional lessons can be used to foster their growth in Argentina.
Although electric mobility is at an early stage in Latin America, several cities have made significant advances. This new report addresses a number of critical questions about electric transportation in Latin America, drawing on case studies of six urban electric car and bus markets that have seen among the fastest growth in the region.
Could Venezuela’s oil production decline even more steeply? Three evolving developments will largely determine the answer: whether creditors can seize assets in compensation for default, whether large numbers of oil workers continue to abandon their jobs, and whether the United States and other countries impose additional sanctions.
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El 7 de agosto Iván Duque asumió la presidencia de Colombia. Se enfrentará a muchos desafíos, entre ellos el narcotráfico, las tensiones con Venezuela, el proceso de paz con las FARC y un conflicto en marcha contra el ELN. ¿Cómo colaborarán Colombia y los EEUU frente a estos temas durante la presidencia de Duque?
President-elect Andrés Manuel López Obrador can capitalize on Mexico’s enormous renewable energy potential and make Mexico a leader in the fight against climate change. Although his platform offers some promising proposals, he will have to maneuver through several major obstacles.
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The Brazilian oil & gas industry is going through its “largest transformation ever,” said Décio Oddone, Director-General for the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) at an event organized by the Inter-American Dialogue on June 28th.
