
Latin America and the Cop21 Agreement: A Most Severe Implementation Problematic
Author(s) -
JanErik Lane
Publication year - 2017
Publication title -
journal of economics and public finance
Language(s) - English
Resource type - Journals
eISSN - 2377-1046
pISSN - 2377-1038
DOI - 10.22158/jepf.v3n1p107
Subject(s) - renewable energy , latin americans , global warming , wind power , natural resource economics , electricity , business , environmental science , environmental protection , economics , political science , climate change , engineering , ecology , law , electrical engineering , biology
As the Latin American countries have hardly started developing implementation strategies of the agreed upon COP21 objectives, their situation should be more researched. The CO2:s are really high in 2 countries but medium in all the others; Mexico and Brazil that face enormous difficulties with global warming. Thus, the dominant energy reliance remains much fixed upon oil and natural gas, but with some third component like hydro, geothermal or biomass power. Hydro power is used much but it presents a risk as it requires lots of water, which further global warming may deny—look at Venezuela today. Brazil’s plans for 30 new dams in the Amazons together with ongoing logging and new agriculture will destroy the rain forest Major investments in wind, solar, geo-thermal power or/and nuclear power are called for, besides the plenty biomass and hydro power. But to make a great energy transformation towards renewables and atomic power, the Latin American countries need massive assistance from the promised Super Fund. Only Uruguay has come far with the changes towards renewables, producing electricity with 100% renewables, including wind power.