Green House Gases in Venezuela and its main actors

When it comes to CO2 emissions, Venezuela seems to be in a good position in comparison to other countries from Latin America in similar conditions. When looked deeply and relate subsidies applied to the emissions, such statement seems to reflect just part of the reality.

Burning fuels represent the main source of CO2 emissions. The sectors which contribute the most to the generation of these gases are power plants (41.1%), followed by transportation (29.5%). Both of them generate 70.6% of the total emissions. Respecting to other GHG such as CH4, the oil industry leads the chart with 61.2% of the emissions.

Transportation in Venezuela counts with the cheapest gasoline prices in the world due to historic subsidies. Mass transport system is highly inefficient and unreliable; everyone that can buys a car in consequence. Considering the scarcity of roads, enormous traffic jams are normal, worsening emissions considerably. On the other hand, electricity comes from hydro (70%), being relatively clean in this sense.

Challenges to sincere prices and finance a good mass transport system, invest in cleaner technology for the enormous oil business and balancing the energy mix (with non conventional sources such as wind) are the great three big challenges. Average emissions for Venezuela are the result of the unbalanced blend of a great hydro effort but an artificial market for fuel.

Sources:

Multiple authors (2005). Primera Comunicación Nacional en Cambio Climático de Venezuela. Recovered: 27/01/12. Available at:  http://unfccc.int/resource/docs/natc/vennc01.pdf

Humberto Márquez (no date). El precio de la gasolina más barata del mundo. IPS Noticias. Recovered the 08/01/2012. Available at: http://ipsnoticias.net/nota.asp?idnews=90896

Oficina Económica y Comercial de la Embajada de España en Caracas. Roberto Fraile García (2009). Recovered: 27/01/12. Available at: http://www.oficinascomerciales.es/icex/cma/contentTypes/common/records/viewDocument/0,,,00.bin?doc=4216563


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