The Covid-19 Crisis and its Effects on the Decarbonisation Process. The Regulatory Challenges Facing Chile

DOI10.3366/gels.2020.0025
Published date01 August 2020
Date01 August 2020
Pages184-188
Author

The COVID-19 health crisis has impacted the entire planet, both from a human and economic perspective. One of the consequences of the pandemic could be the acceleration of the process of decarbonisation of the Chilean energy matrix, achieving the goals committed by Chile to the international community.

Without ignoring the fact that the Coronavirus pandemic will impose a series of new challenges on humankind, what is certain is that national and international analysts have seen in this pandemic a unique opportunity for the establishment of guidelines for the economic system that will accompany us during the next century. Some have pointed out that the pandemic has been the door to that transition towards a resilient and sustainable economy1; others consider that the current economic system is being deconstructed, considering that it would be highly improbable to return to the previous system.2

However, the Chilean situation has specific nuances with the international reality, mainly related to the social movements that since October 2019 have been promoting a change in the economic, political and social model.

The model is naturally linked to the generation of energy, which is essential for the realisation of economic activity. We are therefore faced with an unprecedented scenario in which the pillar of sustainable development, established in the agreements signed by Chile within the framework of climate action3, must be incorporated into the foundations of this new system. One precedent that has contributed to the strengthening of an economy aligned with sustainable development is the materialisation – hopefully in a shorter time – of the withdrawal of coal-fired plants between the Government and industry, which has been implemented since December 2018.

A...

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