Why Ecuador doesn’t have a renewable energy sector

Summary: Ecuador is rich in natural resources harnessable into clean energy. But unless it becomes more consistent in it policymaking, moves a little more quickly, and reduces energy subsidies, it will remain dependent on outside assistance, just like the Galapagos tortoise. [Our thoughts and prayers are with the 22 Ecuadorean soldiers that died this weekend in a plane crash as well as the hundreds in the earthquake. †]

Carlos St JamesAbout the AuthorCarlos St. James is an advisor to energy investors and developers in emerging markets. He co-founded the Argentine Renewable Energies Chamber in 2005; has been a board member of the Latin American & Caribbean Council on Renewable Energy since 2010; founded the Middle East-Americas Energy Council in 2014; and publishes the Latin American Energy Review in his free time.

He was recently named Summit Chairman of the upcoming LAC-CORE Finance Summit in Miami, Florida in October 2016, to which Ecuador’s energy minister has been invited to speak.

LAC-CORE Finance Summit

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