June 14, 2024
Within Our Network
Congratulations to Bio4 for your participation and insights at the “Sustainability Agenda Today: Challenges and Opportunities” event. Your leadership in sustainability is commendable!
LATAM Highlights
Brazil
World Bank announces bond initiative for Amazon reforestation.(Reuters)
Colombia
Colombian Peso declines amid revised fiscal strategy.(Bloomberg)
Argentina
Argentine Senate approves Milei reform amid external protests.(Reuters)
Chile
BHP poised to prevent Chile mine strike with initial wage agreement.(Bloomberg)
Peru
Peruvian courts prolong pretrial detention for ex-president Castillo.(Reuters)
Venezuela
Top-priority creditors in Venezuela prepare for Citgo share auction.(Reuters)
Mexico
Mexico reports increase in proven hydrocarbon reserves. (Oil Price)
Notable Transactions
Shell emerged as the lead bidder to buy LNG assets of Temasek-owned trading firm Pavilion Energy, which is seeking over $2B.
Ambar Energia will acquire a portfolio of thermoelectric power plants from Brazilian utility giant Eletrobras for $878M.
Essential Read
Investment in clean energy this year is set to be double that of fossil fuels. Reported by the International Energy Agency (IEA), global clean energy spending is expected to reach $2 trillion in 2024, despite higher financing costs impacting new projects in emerging economies.
Podcast Spotlight
Explore advancements in nuclear innovation at the Idaho National Laboratory (INL), a leader in advanced nuclear research. Discover INL's pivotal role in nuclear energy history and its current projects shaping the future of nuclear technology. All insights from MCJ Collective.
Stat of the Week
Is Net Zero by 2050 Still Feasible? BloombergNEF's latest report reveals achieving global climate goals may cost 19% more amid continued reliance on fossil fuels. Click here to delve deeper into the findings.
Our LinkedIn Updates and Posts
- For deeper insights into TerraPower's groundbreaking ceremony for the Natrium plant, where Bill Gates and other key stakeholders marked the start of this advanced reactor project in Wyoming, click here.
- Hydrogen industry calls for more support to accelerate low-carbon projects. Additional incentives needed to create demand and boost supply, pioneers say. Read the complete article here.
Meme of the Week
