Latam subsidy scramble puts low carbon transition at risk, warn ex-ministers

Published 21:38 on March 30, 2022  /  Last updated at 21:38 on March 30, 2022  /  Americas, Carbon Taxes, International, South & Central  /  No Comments

Latin American governments are artificially lowering fuel prices for consumers in response to the energy crisis linked to the Ukraine invasion, former finance ministers told a panel on Wednesday, noting that these subsidies are likely to harm the region's progress towards climate goals.

Latin American governments are artificially lowering fuel prices for consumers in response to the energy crisis linked to the Ukraine invasion, former finance ministers told a panel on Wednesday, noting that these subsidies are likely to harm the region’s progress towards climate goals.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.