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The Road to Hemispheric Cooperation: Beyond the Cartagena

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24 Repsol is a privately held Spanish energy company with assets<br />

worldwide.<br />

25 Barrera-Hernández, “South American Energy Network Integra-<br />

tion: Mission Possible?” 2012. For <strong>the</strong> most part, <strong>the</strong> develop-<br />

ment of existing interconnected facilities has been a state-sponsored<br />

undertaking backed by individual agreements over <strong>the</strong><br />

sale of electricity or gas.<br />

26 Comisión de Integración Energética Regional, Síntesis Informativa<br />

Energética de los Países de la CIER: Información del Sec<strong>to</strong>r<br />

Energético en Países de América del Sur, América Central y<br />

El Caribe, Da<strong>to</strong>s del Año 2009, 2010, p. 15. Available at http://<br />

www.cier.org.uy.<br />

27 CIGI, Blueprint for a Sustainable Energy Partnership for <strong>the</strong><br />

Americas, p. 10. One criticism leveled at SIEPAC is that with a<br />

transmission capacity of 300 megawatts, it will not have a major<br />

impact on a system with 10,000 megawatts of capacity.<br />

28 A recent comprehensive academic study put <strong>the</strong> actual costs of<br />

both <strong>the</strong> Iraq and Afghan wars through <strong>the</strong> end of 2011 at $4.4<br />

trillion, counting expenses such as veterans’ medical benefits.<br />

By contrast, <strong>the</strong> Congressional Budget Office’s most recent estimation<br />

was just $1.5 trillion. See J. Brinkley, “Iraq Outlook Looks<br />

Dim After U.S. Troop Pullout: Some Predict Ano<strong>the</strong>r Brutal Dicta<strong>to</strong>rship,”<br />

Politico, February 27, 2012.<br />

29 OAS, “Remarks by President Jose Manuel San<strong>to</strong>s at <strong>the</strong> Opening<br />

of <strong>the</strong> Sixth Summit of <strong>the</strong> Americas,” April 23, 2012. Available<br />

at http://www.summit-americas.org/SIRG/2012/041412/<br />

statement_san<strong>to</strong>s_inaugural_en.pdf. In a not-<strong>to</strong>o-veiled admonition<br />

<strong>to</strong> U.S. climate skeptics who have, so far, managed <strong>to</strong><br />

scuttle efforts <strong>to</strong> enact federal climate change legislation, San<strong>to</strong>s<br />

noted that “[n]o one can deny <strong>the</strong> reality of climate change<br />

and <strong>the</strong> urgent need <strong>to</strong> prepare <strong>to</strong> face it and mitigate its effects.”<br />

30 OAS, Mandates Arising from <strong>the</strong> Sixth Summit of <strong>the</strong> Americas,<br />

p. 1, May 23, 2012. Available at: http://www.summit-americas.<br />

org/SIRG/2012/041412/mandates_sc_en.pdf.<br />

31 Chile’s electricity grid is not interconnected but divided in three<br />

parts.<br />

32 <strong>The</strong> Economist, “<strong>The</strong> Elusive Megawatt,” May 10, 2008. <strong>The</strong><br />

U.S. Environmental Protection Agency (EPA) allocated 33 percent<br />

and 38 percent of greenhouse gas emissions from energy<br />

use in <strong>the</strong> United States <strong>to</strong> <strong>the</strong> transportation and building sec<strong>to</strong>rs<br />

respectively. See Richter, <strong>Beyond</strong> Mirrors and Smoke: Climate<br />

Change and Energy in <strong>the</strong> 21st Century.<br />

33 OAS, Mandates Arising from <strong>the</strong> Sixth Summit of <strong>the</strong> Americas,<br />

p. 4.<br />

34 OAS Summit Implementation Review Group, Report of <strong>the</strong> United<br />

States Government on Implementation of Mandates from <strong>the</strong><br />

Fifth Summit of <strong>the</strong> Americas, May 27, 2010. Available at http://<br />

www.summit-americas.org/nat_rep/2010/USA_en.pdf.<br />

35 CIGI’s Blueprint for a Sustainable Energy Partnership for <strong>the</strong><br />

Americas proposed an energy and environment hemispheric research<br />

initiative that looked at three specific models: (1) <strong>the</strong> Alberta<br />

Oil Sands Technology and Research Authority (AOSTRA);<br />

(2) a project funded by <strong>the</strong> Bill and Melinda Gates Foundation<br />

that included Amyris Biotechnologies (a University of California<br />

at Berkeley startup) <strong>to</strong> develop a syn<strong>the</strong>tic malaria drug distributed<br />

in <strong>the</strong> developing world on a not-for-profit basis, but whose<br />

bio-fuel applications were sold commercially; and (3) <strong>the</strong> International<br />

Energy Agency’s so-called implementing agreements.<br />

<strong>The</strong> rationale for doing so was <strong>to</strong> avoid <strong>the</strong> dilemma whereby<br />

governments invest heavily in both basic and applied research,<br />

as well as provide generous loan guarantees during <strong>the</strong> commercialization<br />

phase, but often have no intellectual property<br />

rights <strong>to</strong> <strong>the</strong> successfully developed technologies. This phenomenon<br />

inhibits <strong>the</strong> technology’s subsequent dissemination.<br />

See CIGI, Blueprint for a Sustainable Energy Partnership for<br />

<strong>the</strong> Americas.<br />

<strong>The</strong> <strong>Road</strong> <strong>to</strong> <strong>Hemispheric</strong> <strong>Cooperation</strong>: <strong>Beyond</strong> <strong>the</strong> <strong>Cartagena</strong> Summit of <strong>the</strong> Americas<br />

<strong>The</strong> Brookings Institution ❘ Latin America Initiative<br />

57

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