Francisco J. Monaldi, director of the Latin America Energy Program at Rice University’s Baker Institute for Public Policy: “The new IEA CPS scenario—like the reference scenarios of OPEC, the U.S. Energy Information Administration and ExxonMobil—project oil demand to rise continuously, without reaching a peak until 2050. At this point, these scenarios seem more plausible than the aspirational IEA’s net-zero scenario, but there is a high degree of uncertainty. Latin America’s oil industry is poised to do quite well in the high demand scenarios. The U.S. shale revolution appears to be losing steam and there is limited investment in global exploration and development to compensate for natural decline rates; these factors point to supply shortfalls by the end of the decade. Still, regional production could rise from…”
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A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.
Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer
Jimena Blanco
Chief Analyst,
Verisk Maplecroft
María José Cortés
Head of ESG,
Atlas Renewable Energy
Jeffrey Davidow
Senior Counselor,
The Cohen Group
Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler
Jonathan C. Hamilton
Partner,
White & Case
Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter
James R. Jones
Chairman,
Monarch Global Strategies
Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher
Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil
Jeremy Martin
Director,
Energy Program,
Institute of the Americas
Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone
R. Kirk Sherr
President,
Clearview Strategy Group
Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue
Doris Rodríguez
Partner,
Hunton Andrews Kurth
Alexandra Valderrama
Director,
International Government
Affairs, Chevron
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