Energy Transition in Latin American Countries and the Conflicts Associated with Such Transitions

Abstract

By virtue of the environmental commitments in terms of reducing greenhouse gas emissions throughout the world, there is a race against time to achieve the desired energy transition to produce and utilise cleaner energies. This race must be organised, with a clear schedule both for each state and for each investor who intends to invest in the energy transition, so that, throughout the lifecycle and performance of long-term energy projects, no surprises will arise that make investors feel disappointed in their economic expectations. Further, states must not make decisions to meet the commitments to reduce emissions for which they may be subsequently sued.