Instead of using the energy crisis following the Russian attack on Ukraine as an additional boost to the domestic energy transition, many Western states, and Germany in particular, turned to Latin America to satisfy their energy hunger. On the one hand, they wanted to buy fossil fuels that they could no longer obtain in Russia, on the other hand, they wanted to secure access to so-called green energy production in Latin America. What does this renewed interest mean for the affected countries? Is there a difference between traditional fossil exports and new energy sources such as hydrogen and fuels based on it? Who benefits? In this study, we highlight three examples of the new commodity boom in Latin America and its impact on people and the environment.
This study was conducted in collaboration with the Research and Documentation Centre Chile-Latin America – FDCL published.
