Latin American countries are facing a complex struggle for the energy needs of rapid growth and the need to fight, climate change, energy experts and the World Economic Forum on Latin America reconcile, said recently.
With many economies booming rapidly in the region and the consumption of fossil fuels, the government "courage" have to continue working on the introduction of alternative low-carbon energy sources such as wind or biofuels. "The task is to change the energy system is the foundation of modern civilization," says Thore E. Kristiansen, senior vice president of the Norwegian oil company Statoil.
Kristiansen stated that while oil play an important role in the global energy mix, companies and governments should cooperate in the search for renewable alternatives. "The task is too big for a company, country or an organization."
Eduardo Estrada, President of Latin America and the Vice-President, Human Nutrition and Health, DSM Produtos Nutricionais Brazil, said it was imperative that a balance between the use of conventional fossil fuels and pioneer new forms of alternative energy can be produced economically. "The trick is finding the balance. Are alternative resources," he said. But the recent discovery of large and profitable "pre-salt" oil reserves off the southeast coast of Brazil, the debate on the continuing role of fossil fuels made especially difficult, said Kellie Meiman, CEO of McLarty Associates, USA.
Mauricio Tolmasquim, the president of Brazil's Energy Research Company (EPE), the Ministry of Mines and Energy, said he believed that Brazil was able to strike a balance between investments in renewable energies and the recovery to reach the billions of barrels of oil from the land located southeastern coast.