Latin America Global Insertion Energy Transition And Sustainable Development
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Latin America Global Insertion, Energy Transition, and Sustainable Development
Author | : Leonardo E. Stanley |
Publisher | : Cambridge University Press |
Total Pages | : 83 |
Release | : 2020-12-03 |
Genre | : Business & Economics |
ISBN | : 1108896375 |
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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.
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