The market for electric vehicles (EVs) is still evolving across the world. China, Western Europe and California have staked clear leadership positions in promoting the use of EVs through policies and financial incentives.
This article was first published at IPS NewsSep 22 2020
By Rene Roger Tissot
Itaipu, the largest hydroelectric power station in the Americas, shared by Brazil and Paraguay on their Paraná river border. Credit: Mario Osava / IPS
VERNON, Canada, Sep 22 2020 (IPS) – Can the “energy transition” in Latin America help address the risks caused by greenhouse gases (GHG) on the climate, and the economic depression caused by the pandemic?
Energy transition refers to the shift from fossil-based systems of energy production and consumption — including oil, natural gas, and coal — to renewable energy (RE) sources like wind and solar, etc. Proponents of investments in RE highlight investments’ impacts on jobs and industrialization opportunities. (more…)
Aerial view of Georgetown, Guyana. Credit: Desmond Brown/IPS
LA JOLLA, California, Aug 24 2020 (IPS) – Just over five years ago, a major oil discovery occurred on the northeastern coast of South America. There have been a series of additional discoveries ever since. But this time it was not Venezuela. It was Guyana. (more…)
Chile’s energy commission in July approved Enel Generación Chile’s plan to disconnect the second unit of the Bocamina coal-fired plant in May 2022, 18 years earlier than originally planned.
Extraordinary session of the Senate of the Republic of Mexico, June 29, 2020. Credit: Senado de Mexico.
LA JOLLA, California, United States, Jul 20 2020 (IPS) – On June 10, 2020, Senator Ricardo Monreal, President of the Political Coordination Board of the Senate of Mexico, presented a legislative initiative to reform Article 28 of the Political Constitution of the United Mexican States, in order to cluster in a single regulator of economic competition, the Telecommunications, Broadcasting and Energy sectors. (more…)
Oil majors including Shell and BP recently announced plans to write off as much as $22 billion and $17.5 billion worth of assets, respectively, after slashing their long-term price assumptions for oil and gas to reflect the effects of the Covid-19 pandemic. Do Mexico’s New Power Sector Rules Favor the State?