Latin America Global Insertion, Energy Transition, and Sustainable Development

Download or read book Latin America Global Insertion, Energy Transition, and Sustainable Development written by Leonardo E. Stanley and published by Cambridge University Press. This book was released on 2020-12-03 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element focuses on Latin American fossil fuel producer countries and how they are dealing with the transition towards a greener energy matrix. The challenges involved are multiple and ethical in substance. In particular, a worldwide expansion in clean energies would reduce climate change, physical risks. A rapid transition, however, induces the irruption of a new (financial) risk. The energy transition, in addition, could be thought of as a new arena for political disputes. Finally, it evaluates the relevance of monetary policy and financial regulation to tackle the issue from a macro perspective. Energy transition, however, have also long-term but uncertain consequences on the national economy. Henceforth, and in order to minimize risks, a long-term, strategic vision of the challenge confronted by the region becomes mandatory. To tackle all these problems, this Element profits from contributions of different disciplines.