Directora del Programa de Energía Lisa Viscidi habló con El Financiero TV sobre la condición grave de la industria energética en Venezuela, las medidas que serían necesarias para recuperarla y las barreras a estas mismas.
Argentina’s economic crisis and the fiscal belt-tightening it demands have led to gradual cuts to wholesale electricity and natural gas subsidies for consumers and a liberalization of energy prices over the course of Mauricio Macri’s administration. This has helped make Argentina more attractive as a destination for energy investment despite its economic tumult, said Argentine Secretary of Energy Gustavo Lopetegui at an event organized by the Inter-American Dialogue on March 14.
AMLO’s skepticism of private investment, the cancellation of generation and transmission auctions, the return to state-led electricity development through bolstering of the CFE, and a focus on power generation using domestic fossil fuel sources threaten to squander Mexico’s renewable potential and drag its clean development efforts backwards.
Energy Program Director Lisa Viscidi went on CGTN to discuss the latest developments in the increasingly international debate over how to peacefully resolve the crisis in embattled Venezuela.
Energy Program Director Lisa Viscidi spoke with CGTN about US sanctions on Venezuela and the effects they are having, both in terms of raising the pressure on Nicolás Maduro and heightening the risk of deepening the country’s humanitarian crisis.
Even if Juan Guaido or another opposition figure finally takes the reins and starts fixing the oil sector in Venezuela, it will take years before oil exports can provide the economic boost needed to pull the nation out of the morass. Venezuela’s oil industry has been severely damaged, and there are questions about the long-term economic viability of its oil fields. Venezuelans will likely be disappointed with the pace of the economic turnaround under any new government—a risk that poses a real threat to political stability. Expectations ought to be tempered.
Brazil should build on its impressive efforts in renewable energy, clean transport, and deforestation reduction. But as President Jair Bolsonaro assumes power, one of the world’s largest economies is on the verge of relinquishing its role as an environmental leader and retreating from the fight against climate change.
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.