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CLARIN

Nicolas Maduro And The Art Of Clinging To Power

Venezuela's economic woes are depriving the socialist regime of its remaining popularity, even as the government uses every constitutional and political trick up its sleeve to block the opposition's ascent to power.

Maduro on May 1 in Caracas.
Maduro on May 1 in Caracas.
Marcelo Cantelmi

-Analysis-

BUENOS AIRES — Venezuela is at the end of its tether. Seen from any angle, its decadence is painfully visible in areas ranging from personal liberties and rights, to the economy and the state of its society and institutions. The regime no longer embodies even a paltry version of its revolutionary discourse — it is like a broken vase, emptied of all illusions.

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Economy

The Bogus Concept Of "Carbon-Neutral" Oil

The Colombian president recently said that the country had exported one million barrels of carbon-neutral or offset oil. But in an unregulated carbon market, such a claim is pure greenwashing.

People walk in the streets of Bogotá

María Mónica Monsalve Sánchez

-OpEd-

BOGOTÁ - In March this year, various national and corporate leaders met in Houston, Texas, for CERAWeek, an annual conference to discuss the world's energy challenges. Colombia's President Iván Duque took the opportunity to remind participants that his country produced just 0.6% of the world's carbon emissions even as it had raised crude production to one million barrels a day.

He said oil should not be seen as an enemy, since the fight was really against greenhouse gas emissions. He also revealed at the event that the country's national oil firm, Ecopetrol, had sold the Asian market its first million barrels of carbon-neutral or offset crude, consisting of the entire extraction, production and exportation chain.

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