This reports looks at the future potential of green hydrogen hubs in Chile, and how to decarbonize the economy while making use of the country's abundant renewable energy resources, wind and solar power.
David A. Gantz, the Will Clayton Fellow in Trade and International Economics, analyzes a wide range of factors — including the U.S.-China trade war, the entry into force of the United States Mexico Canada Agreement (USMCA) and the COVID-19 pandemic — that are all contributing to the pressure on the U.S. to decouple from China and to shift supply chains back to North America.
Key industry practices followed by international oil and gas companies, if adequately implemented by Pemex, may complement Mexico's energy plan to help recognize areas of opportunity for Pemex, the authors write.
The author gives an overview of the USMCA's implications for Mexico, finding that while challenges remain for the U.S.-Mexico relationship, the possibility of the trade agreement going into effect by 2020 should greatly reduce uncertainties about the future of North American trade.
The author examines the impact of NAFTA renegotiations on established processes for trade disputes between investors and states; between states and states; and regarding unfair trade practices.