Petro, Biden and the Latin American energy transition
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.
World Bank must focus on the energy transition
Calls to reform the World Bank, giving it a greater presence in financing climate change, have been multiplied
China’s role in Latin America’s energy transition
The global insertion model pursued by Latin America is in crisis because the world is facing an unprecedented climate emergency.
Latin America sidesteps energy transition
Many countries in the region continue to grant huge benefits to the oil industry.
How about taxing oil company profits to finance energy transition?
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.