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Proposal for a Mexican Model of Investment in Renewable Energy in Mexico, in Response to the Extractivist Model of Fossil Resources

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Risks, Violence, Security and Peace in Latin America

Abstract

According to the Global Environment Fund, the world is at a crucial crossroads for the future of energy. As a consequence of climate change , the increase in our addiction to oil and other fossil fuels, the growth of imports and the increasing costs of energy, developing countries are now more vulnerable than ever (Global Environment Found 2012), due to the low price scenarios for fossil resources.

Ing. Emmanuel Gómez Morales is head of the Business Unity of the National Commission of Electricity (CFE in Spanish). Email: emmanuel.gomez01@cfe.gob.mx.

Dr. Aida Viriana Vargas Zavala is Assistant Professor in the Institute of Renewable Energey at the National Autonomous University of Mexico (IER-UNAM in Spanish). Email: avvaz@cie.unam.mx.

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Notes

  1. 1.

    California is studying an initiative for ‘one million solar roofs’, which, between 2007 and 2016, translated into saved investments in energy generation capacity of 7.1 billion dollars. Another study undertaken in Ohio, a region deeply affected by loss of jobs in the manufacturing sector, showed that gross income from renewable energy projects almost topped 800 million dollars, and the renewable energy industry generated more than 6,600 jobs. Other studies indicated that, for every million dollars invested in wind generation technology, jobs are generated with an average duration of 2.5 years. Furthermore, every million dollars invested in wind or photovoltaic generation creates jobs with an average duration of 5.7 years, compared with 3.9 years’ duration of jobs generated in the operation of a coal-powered plant. Another example of the benefits derived from investments in clean energy is that each dollar invested in concentrated solar generation in California results in 1.4 additional dollars in terms of state GDP (US-EPA 2011).

  2. 2.

    Changes in energy intensity are conditioned by three factors: the demand for energy services, GDP and energy efficiency. The IEA has shown that the factor which contributes most to the reduction of energy intensity in member countries of the OECD is the decoupling of the demand for energy from GDP (producing more with less energy). On the other hand, it has been observed that a greater use of renewable sources results in greater energy efficiency (Harmsen et al. 2011).

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Correspondence to Emmanuel Gomez Morales .

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Morales, E.G., Zavala, A.V.V. (2018). Proposal for a Mexican Model of Investment in Renewable Energy in Mexico, in Response to the Extractivist Model of Fossil Resources. In: Oswald Spring, Ú., Serrano Oswald, S. (eds) Risks, Violence, Security and Peace in Latin America. The Anthropocene: Politik—Economics—Society—Science, vol 24. Springer, Cham. https://doi.org/10.1007/978-3-319-73808-6_22

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