During the 2010s, Venezuela saw a significant decrease in carbon dioxide emissions, but this reduction was not due to a deliberate government-led effort towards decarbonization. The decline in emissions was primarily a result of decreased oil production, exacerbated by sanctions imposed by the United States in 2019.
The sanctions targeted PDVSA, the Venezuelan state-owned oil company, leading to a sharp drop in oil output and subsequently reducing carbon emissions. However, Venezuela’s reliance on oil is still prominent, with the government seeking new oil partnerships and ongoing challenges in the energy sector.
The first challenge: Thermoelectric plants
In regions like Mérida, power failures are a common occurrence, lasting hours due to inadequate infrastructure and corruption in the energy sector. To cope with frequent outages, businesses and households have resorted to using fossil fuel-powered generators, highlighting the country’s struggle to transition to cleaner energy sources.
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