Associate Researcher at the Center for the Study of State and Society - CEDES (Buenos Aires). Author of "Latin America Global Insertion, Energy Transition, and Sustainable Development", Cambridge University Press, 2020.
Milei persists in his denialism and entrusting the oil sector with the transition design, which could leave the country stuck with investments in a sector that faces strong financial risks.
The initiatives of some central banks in the region against the climate emergency are limited to greater disclosure and transparency of information on emissions.
For Petro, the summit with Biden was an endorsement of his ambitious energy transition policy, which positions Colombia as the first oil-producing country to propose a ban on new exploration projects.
The Argentine government's neo-developmentalist eagerness to move forward with offshore exploration not only ignores the harmful effects of this activity but also forgets its financial risks.
If economic history has been marked by the irruption of natural catastrophes and economic risks, the distinctive feature of the Anthropocene is human's responsibility for the amplification of these risks.
The energy transition requires financing and there are different instruments that could be used to self-finance it. One of them is windfall profits taxes.
