Chile introduced the first carbon tax in South America on 1 January, charging power generators and other large polluters $5 per tonne of CO2 equivalent — a move that is expected to give a significant boost to the already fast-growing renewables sector.
In the sunny, windy country, renewables projects have recently been offering historically low prices at national technology-agnostic tenders, winning the lion’s share of capacity up for grabs.
The
