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CRITICAL ANALYSIS OF GLOBAL DEVELOPMENTS, TRENDS & IDEAS

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COP21

After COP21: Mexico In-Between Energy Security and Climate Change Mitigation

in Academic/Economics/Latin America/Politics by
cop21 mexican president pena nieto

Climate change is perhaps one of the thorniest economic and social problems of our time. This is not unrelated to the fact that in many countries, the forms of energy that power economic growth are those with the highest concentrations of carbon –oil and coal. It has been argued that it only takes three economies – the United States, China and India – to produce more than 40% of all global greenhouse gas emissions [1]. After the recent UN Paris Climate Change Conference (COP21) nonetheless, energy policies have quickly become priority issues in many developing countries’ agendas for a number of reasons, ranging from new technological developments and economic benefits to above all, energy security and climate change mitigation. A number of technical and economic challenges are likely to emerge in the near future, given the widespread development of fossil fuel resources and their incompatibility with decarbonised energy systems, now being adopted across many of these regions to mitigate global climate change.

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