How Latin America’s Next Oil Power Can Avoid the Resource Curse
It’s an oft-stated parallel that is worth repeating: A big oil discovery in a country is like winning the lottery. And what happens to lottery winners? Almost 70 percent of them declare bankruptcy within seven years. Something similar happens to some countries after they strike it rich with natural resources. Massive inflows of money combined … Read more
Green Envy: What Argentina Is Learning from Chile’s Renewable Energy Boom
Argentines don’t like it when their neighbors across the Andes get the better of them. But few will deny that when it comes to green energy, Chile has the upper hand. Over the past three years, Chile has turned itself into the continent’s renewable energy powerhouse, while Argentina’s green promise has remained unfulfilled. That may … Read more
Uruguay Oil Investment Bucks Global Pullback
After decades of standing by as neighbors Brazil and Argentina struck it rich in oil, Uruguay is getting into the action. Oil majors Total, ExxonMobil and Statoil are all making big investments in the tiny South American country, attracted by new projections that Uruguay may hold an “elephant” of an oil field. Problem is, with oil … Read more
What Justin Trudeau’s Election Means for Energy and the Environment in Canada
Call it an energy reset. When President Barack Obama rejected the Keystone XL pipeline project on November 6 after a seven-year political slugfest, the timing, especially for Canadians, was conspicuous. Just two days earlier, Liberal Party leader Justin Trudeau had been sworn in as Canada’s new prime minister after an election heavy on talk of … Read more
Treat the Caribbean Wisely
We look forward to welcoming you Mr. President-elect, at the
Strike a New Partnership with Brazil
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