Rico, L (2014,December 14). Latin American Environmentalists Call For End To Fracking. Retrieved on March 1, 2015. from http://latindispatch.com/2014/12/12/latin-american-environmentalists-call-for-end-to-fracking/

 

At the United Nations summit on climate change in Lima, Peru, many Latin American Nations banded together to look for an end to fracking. Countries like Mexico, Argentina, Brazil, Bolivia and Colombia all had representatives present and protesting the fracking policies. Latin America is said to have the world’s largest deposit of shale and natural gas, but so far the only country to start fracking is Argentina.

Mexico has the sixth largest shale reserve and until recently the debate over fracking was no-existent. Recently the president of Mexico Enrique Peña Nieto terminated the monopoly over oil that was held by the Pamex Company. This may lead Mexico to search for new sources of energy and eventually fracking.