LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

December 3, 8889

How Will Javier Milei Change the Energy Sector in Argentina?

Libertarian Javier Milei, who takes office as Argentina’s president on Dec. 10, has promised sweeping changes in the country’s energy sector. // File Photo: Facebook Page of Javier Milei.

Q

A

Jeremy M. Martin, vice president for energy and sustainability at the Institute of the Americas: “How does an anarcho-capitalist translate campaign rhetoric into policies for implementation? In the energy sector, it appears that Javier Milei and his team will favor dusting off the neoliberal playbook. Call it Washington Consensus, Argentina 2.0. As was the case during the neoliberal wave in the 1990s, reducing the role of the state in the energy sector is fundamental and will likely take a variety of forms. Perhaps most crucial will be the need and application of ‘shock therapy’ (his words) to the massively distorting subsidies for gas and power in the country. This is particularly true if the Milei government is serious about the level of fiscal and budgetary reforms it aims to make. The shock therapy points to the need for consumers to pay market prices for energy goods and services in the country, but particularly in…”

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ABOUT THE Energy ADVISOR

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.

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Gene Kuleta
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E. gkuleta@thedialogue.org

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board of advisors

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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