The Colombian Energy Policy Challenges in Front of Climate Change

Abstract

Climate change is the biggest problem that humanity has faced in recent decades, one of the main causes are the greenhouse gases (GHG). To mitigate it, it has been proposed and international agreement in Paris 2016, known as COP21 by several countries. On it, the Colombian government got engaged a 20% reduction on its GHG to achieve it they will focus on the energy sector and deforestation to zero in the Colombian Amazon. This article analyzes the implications and challenges of energy policies for GHG mitigation in Colombia related to opportunities in energy demand, electric power generation sources, smart grid systems, reduction on energy loss in transport, demand schemes and management of methane in carbon deposits. The main conclusion reached in this analysis is that in energy matters COP21 objectives will not be met, the strategies that the government has chosen are not well focused based on the emission source in the country, five of the six strategies have not yet been legislated and much less implemented. Being in the second semester of 2020, the objectives will not be met this year or in the short term, the government opted for strategies that could not have been achieved.Keywords: climate change, COP21, GEI.JEL Classifications: K2, O2, Q2, Q3DOI: https://doi.org/10.32479/ijeep.10517