Latin America’s renewable energy challenge
Prices for renewable energy are dropping in Latin America, making decarbonization – once a far-fetched notion – a very real possibility. The question is whether the political will is there. Many of the country's grids are in bad shape and unprepared to handle the change, while legislation, sometimes intended to help renewables, has ended up throwing obstacles in the way. Can countries in the region implement the necessary reforms?
Global Outlook 2018: The energy revolution and its growing uncertainties
How fast the world moves toward cleaner energy hinges on several difficult-to-predict factors, including climate change policies, the glut in oil and gas markets and disruptive technologies. What seems sure is that renewable energy sources won’t overtake fossil fuels in the medium term and that natural gas will loom larger in geopolitical conflicts.
GIS Dossier: Failed global climate policies
Since the 1990s, the international community has been trying to keep climate change under control – with less than stellar results. Despite initiatives like the 1997 Kyoto Protocol or the 2015 Paris Agreement, global temperatures are still well on track to increase by 2 degrees Celsius above preindustrial levels – the threshold scientists say could lead to dangerous climate effects. Geopolitics and market forces are mostly behind this failure – as GIS experts have been pointing out for some time. In this Dossier, we bring together the analyses that paint the picture of how we got here.
In Chile, stagnation and stasis despite shifting politics
The old party coalitions are breaking down in Chile, while new rules could shake up congressional representation. With the economy stuck in low gear, voters are frustrated. But despite all this, the country looks likely to elect a familiar face in November – former President Sebastian Pinera. If he wins, it will mark unprecedented stasis in Chilean politics since the end of the Pinochet dictatorship.
Risks for China’s energy strategy
China faces three big challenges in its energy strategy: reducing pollution, mitigating the negative effects of climate change and securing overland supply. The country has made huge investments to achieve its goals, but macroeconomic and geopolitical uncertainties could yet derail Beijing’s plans. In the end, China is likely to be successful, but will have to deftly manage its energy policies and alliances.