Western Hemisphere 2021 Energy Landscape and Outlook

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Western_Hemisphere_2021_Energy_Landscape_Outlook2.pdf	2
Introduction	2
Argentina Outlook	2
Mexico Energy Outlook and Scenarios	4
Scenario I: Partial Reform	4
Scenario II: Full Reform	5
Scenario III: Pragmatism	6
Scenario IV: Status Quo	6
Final Remarks	7
Transitioning to a Sustainable Path	7
Brazil Outlook: Pre-Salt Layer Remains Immune to the Pandemic	9
Canada’s Hydrogen Strategy: Is this Time Different?	11
The Biden Administration and Implications for Latin America’s Energy and Climate Landscape	13

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