Latest Intelligence on Energy and Utilities in South and Central America

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Type Product title / description Pub Price
Expert View
Expert View

Stalemate at COP16 makes life tougher for enterprises, but creates IT opportunity

It is both sad and ironic that the most likely result of negotiations at the United Nations Framework Convention on Climate Change this week and next in Cancun, Mexico, will be the very "tragedy" that Mexican President Felipe Calderon warned against in his opening remarks: a failure to look beyond national interests and make real progress toward concerted international action.

Published By Datamonitor
07 Dec 2010
Expert View
Expert View

COP16 day seven: Cancun balancing act at tipping point

The seventh day of negotiations at COP16 saw a major shift in China's stance on emissions reductions. The world is now waiting for the US response, especially as the country's climate envoy, Todd Stern, seems uncertain. In a rather cryptic message, he is reported to have said that although there is an agreement to be had, he is not sure it will come to fruition, and that balance is what is needed.

Published By Datamonitor
08 Dec 2010
Expert View
Expert View

COP16 day nine: on the edge of a precipice as the UN talks face oblivion

As the COP16 talks draw to a close, they appear to be teetering on the brink of failure. After nearly two weeks of talking there is no resolution in sight to the most fundamental question of all: how to ensure that the Kyoto Protocol remains alive after 2012, while uniting both developed and developing countries under one agreement that commits them to reducing emissions.

Published By Datamonitor
10 Dec 2010
Expert View
Expert View

COP16 day eight: Cancun success hinges on balanced language

The main success of the eighth official day of negotiations in Cancun was that it offered insight into the difficulties caused by language. All nations agree that those drafting the final text must make sure that they use clear and balanced wording so that it can be endorsed by everyone. What is yet to be decided, however, is the actual content of the text.

Published By Datamonitor
10 Dec 2010
Expert View
Expert View

COP16 ends by sidestepping binding deal and slouching toward technology transfers

While COP16 talks ended with an agreement of sorts, the modest measures fall well short of the type of action that scientists believe is necessary to stop climate change from having grave effects within mere decades. The deal does not move the world closer to a new binding agreement, and the political realities of the US will continue to pervert any such progress for at least the next two years.

Published By Datamonitor
13 Dec 2010
Expert View
Expert View

COP16 slightly exceeds low expectations, but signals a more complex business environment

As had been widely predicted, the last two weeks of negotiations under the United Nations Framework Convention on Climate Change in Cancun, Mexico did not conclude with a new international agreement. However, the 16th Conference of the Parties to the 1997 Kyoto Protocol, which ended on Saturday, did make significant progress in key areas such as deforestation and aid for the poorest countries.

Published By Datamonitor
13 Dec 2010
Expert View
Expert View

Venezuela: international oil companies can rescue industry if Chavez makes terms more favorable

Sweeping nationalization of the Venezuelan oil industry has led to a slump in foreign investment. However, a leaked US diplomatic cable has revealed that President Chavez is now allegedly desperate to attract foreign oil companies back to the country. It seems likely that western companies will lose out to the "loyal" Chinese operators, but even they will demand more favorable conditions.

Published By Datamonitor
21 Dec 2010
Expert View
Expert View

Positive outlook for the Latin American oil and gas industry in 2011

The outlook for the Latin American oil and gas industry in 2011 is positive, meaning that investors and industry participants have good reason to be optimistic about the future of the market. Datamonitor's analysis shows that total offshore capital expenditure in the region is expected to grow by 14% in 2011, reaching an approximate value of $21bn.

Published By Datamonitor
13 Jan 2011
Expert View
Expert View

Protecting Ecuador's Yasuni National Park: $3.6bn well spent

Globally, 20% of greenhouse gas emissions are caused by deforestation and forest degradation. Prevention of further deforestation is therefore paramount to mitigating climate change. Paradoxically, the amount of carbon stored in Ecuador's Yasuni National Park puts it in a very vulnerable position; it holds some 846 million barrels of heavy oil, which would provide much needed revenues for Ecuador.

Published By Datamonitor
14 Jan 2011
CommentWire
CommentWire

Shipping: industry-led initiatives rather than legislation are the way forward

The International Maritime Organization has been working toward a global deal to limit the industry's carbon emissions, but its slow progress has prompted the EU to signal its intent to incorporate shipping into its Emissions Trading Scheme if no agreement is reached by the end of 2011. However, introducing localized legislation could prove to be both inefficient and counter-productive.

Published By Datamonitor
18 Jan 2011

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