Alejandro Álvarez Iragorry is a Venezuelan ecologist and coordinator of Clima 21, an environmental NGO. Cat Rainsford is a transition minerals investigator for Global Witness and former Venezuela analyst for a Latin American think tank.
In 1975, former Venezuelan oil minister Juan Pablo Pérez Alfonzo gave a now infamous warning.
“Oil will bring us ruin,” he declared. “It is the devil’s excrement. We are drowning in the devil’s excrement.”
At the time, his words seemed excessively gloomy to many Venezuelans. The country was in a period of rapid modernisation, fuelled by its booming oil economy. Caracas was a thriving cultural hotspot. Everything seemed good. But history proved Pérez right.
Over the following decades, Venezuela’s oil dependence came to seem like a curse. After the 1980s oil price crash, political turmoil paved the way for the election of populist Hugo Chávez, who built a socialist state on oil money, only for falling prices and corruption to drive it into ruin.
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By 2025, poverty and growing repression under Chávez’s successor Nicolás Maduro had forced nearly 8 million Venezuelans to leave the country.
Venezuela is now at a crossroads. Since the US abducted Maduro on January 3 and seized control of the country’s oil revenues in a nakedly imperial act, all attention has been on getting the country’s dilapidated oil infrastructure pumping again.
But Venezuelans deserve more than plunder and fighting over a planet-wrecking resource that has fostered chronic instability and dispossession. Right now, 80% of Venezuelans live below the poverty line. Venezuelans are desperate for jobs, income and change.
Real change, though, won’t come through more oil dependency or profiteering by foreign elites. Instead, it is renewable energy that offers a pathway forward, towards sovereignty, stability and peace.
Guri Dam and Venezuela’s hydropower decline
Venezuela boasts some of the strongest potential for renewable energy generation in the region. Two-thirds of the country’s own electricity comes from hydropower, mostly from the massive Guri Dam in the southern state of Bolívar. This is one of the largest dams in Latin America with a capacity of over 10 gigawatts, even providing power to parts of Colombia and Brazil.
Guri has become another symbol of Venezuela’s mismanagement. Lack of diversification caused over-reliance on Guri for domestic power, making the system vulnerable to droughts. Poor maintenance reduced Guri’s capacity and planned supporting projects such as the Tocoma Dam were bled dry by corruption. The country was left plagued by blackouts and increasingly turned to dirty thermoelectric plants and petrol generators for power.
Today, industry analysis suggests that Venezuela is producing at about 30% of its hydropower capacity. Rehabilitating this neglected infrastructure could re-establish clean power as the backbone of domestic industry, while the country’s abundant river system offers numerous opportunities for smaller, sustainable hydro projects that promote rural electrification.
Venezuela also has huge, untapped promise in wind power that could provide vital diversification from hydropower. The coastal states of Zulia and Falcón boast wind speeds in the ideal range for electricity generation, with potential to add up to 12 gigawatts to the grid. Yet planned projects in both states have stalled, leaving abandoned turbines rusting in fields and millions of dollars unaccounted for.
Solar power is more neglected. One announced solar plant on the island of Los Roques remains non-functional a decade later, and a Chávez-era programme to supply solar panels to rural households ground to a halt when oil prices fell. Yet nearly a fifth of the country receives levels of solar radiation that rival leading regions such as northern Chile.
Developing Venezuela’s renewables potential would be a massive undertaking. Investment would be needed, local concerns around a just and equitable transition would have to be navigated and infrastructure development carefully managed.
Rebuilding Venezuela with a climate-driven energy transition
A shift in political vision would be needed to ensure that Venezuela’s renewable energy was not used to simply free up more oil for export, as in the past, but to power a diversified domestic economy free from oil-driven cycles of boom and bust.
Ultimately, these decisions must be taken by democratically elected leaders. But to date, no timeline for elections has been set, and Venezuela’s future hangs in the balance. Supporting the country to make this shift is in all of our interests.
What’s clear is that Venezuela’s energy future should not lie in oil. Fossil fuel majors have not leapt to commit the estimated $100 billion needed to revitalise the sector, with ExxonMobil declaring Venezuela “uninvestable”. The issues are not only political. Venezuela’s heavy, sour crude is expensive to refine, making it dubious whether many projects would reach break-even margins.
Behind it all looms the spectre of climate change. The world must urgently move away from fossil fuels. Beyond environmental concerns, it’s simply good economics.
Recent analysis by the International Renewable Energy Agency finds that 91% of new renewable energy projects are now cheaper than their fossil fuel alternatives. China, the world’s leading oil buyer, is among the most rapid adopters.
Tethering Venezuela’s future to an outdated commodity leaves the country in a lose-lose situation. Either oil demand drops and Venezuela is left with nothing. Or climate change runs rampant, devastating vulnerable communities with coastal loss, flooding, fires and heatwaves. Meanwhile, Venezuela remains locked in the same destructive economic swings that once led to dictatorship and mass emigration. There is another way.
Venezuelans rightfully demand a political transition, with their own chosen leaders. But to ensure this transition is lasting and stable, Venezuela needs more – it needs an energy transition.
The post There is hope for Venezuela’s future – and it isn’t based on oil appeared first on Climate Home News.
There is hope for Venezuela’s future – and it isn’t based on oil
Climate Change
Nearly 100 civil society groups from Türkiye and Australia urge COP31 Presidency to take bold steps to transition away from fossil fuels
Bonn, Germany, Friday 12 June 2026 — A diverse coalition of almost 100 civil society organisations representing Türkiye and Australia have released a joint statement at the Bonn climate conference urging the COP31 Presidency put the transition away from fossil fuels at the centre of the COP31 agenda.
The statement, signed by 94 organisations and addressed to Minister Murat Kurum (Türkiye) and Minister Chris Bowen (Australia), both attending the Bonn Climate Change Conference this week, emphasises that close cooperation between Türkiye and Australia brings a historic opportunity to make international progress in the transition away from fossil fuels, while walking the talk domestically and paving the way to a clean future within their respective borders.
By combining the diplomatic reach of both host nations with the long-standing climate leadership of the Pacific, COP31 should champion the action required to limit warming to 1.5°C.
The statement calls on the COP31 Presidency to:
- Commit to own and advance the just, orderly and equitable transition away from fossil fuels.
- Turn the Just Transition Mechanism – agreed upon at COP30 to enhance international cooperation as well as support and enable equitable and inclusive just transitions – into concrete actions through defined funding, clear timelines, and practical operational details that protect workers and vulnerable communities.
- Enable meaningful progress in international climate finance to advance all pillars of climate action on mitigation, adaptation, and loss and damage, ensuring that “big polluters pay”.
- Rebuild trust in the multilateral process by having a Presidency team that acts as an ‘honest broker.’ This includes protecting the integrity of negotiations from fossil fuel industry influence, which has had a worrying record presence in the last few COPs, and ensuring the full participation of civil society, Indigenous Peoples, women, youth, local communities, and upholding human rights.
The letter also urges Türkiye and Australia to inspire strong global outcomes in negotiations in Antalya in November, by leading by example, developing national roadmaps to transition away from fossil fuels and taking bold decisions domestically.
Shiva Gounden, Head of Pacific, Greenpeace Australia Pacific, said: “The Pacific is at the forefront of global efforts to transition away from fossil fuels. From the beginning, we have worked to advance multilateral cooperation and strengthen the global climate regime — writing the 1.5°C redline into the Paris Agreement, establishing funding for loss and damage, and taking the world’s biggest problem to the world’s highest court. To the COP31 partnership, we bring the experience of 30 years of frontline leadership, the values of reciprocity and collective responsibility, and the warm hearts and unending resolve of our communities. We will continue to be the voice of science, justice and ambition. For us, phasing out fossil fuels and holding the line on 1.5°C is about survival. Together, we can ensure a safer, thriving future for the peoples of the Pacific and for communities worldwide.”
Tanyeli Behiç Sabuncu, WWF-Türkiye Climate and Energy Practice Manager, said: “As the President of COP31, Türkiye should not postpone leaving coal. One-third of the electricity mix in the country comes from it and new coal-fired power plant units are still being planned, despite losing both its economic and social licence. Phasing out fossil fuels is not merely an emission reduction goal. It is also a pathway toward a liveable world for people and nature as well as energy security for consumers and businesses. COP31 presents Türkiye a defining choice: stick to the choices of the past or lead a transformative shift toward a just and clean energy future. Announcing a coal phase-out date would send the clearest initial signal that the country takes its leadership role at COP seriously.
Denise Cauchi, CEO Climate Action Network Australia, said: “The fossil fuel era is ending. The escalating energy crisis is exposing the true costs of fossil fuel dependence—not only through worsening climate impacts, but also through global insecurity, energy price shocks and rising living costs. As the incoming President and President of Negotiations, Türkiye and Australia must put the 1.5°C temperature goal at the heart of COP31, which requires a managed, equitable transition away from coal, oil and gas, backed by finance and supported by a just transition. Australia must lead with credibility. As the world’s third-largest fossil fuel exporter, it needs a clear plan to phase out fossil fuels, including exports, and contribute its fair share of international climate finance.”
ENDS
Photos from the press conference will be added here after the event. The press conference will be live streamed and archived here
Media contact:
Kate O’Callaghan, Greenpeace on +61 406 231 892 (Whatsapp/Signal) or kate.ocallaghan@greenpeace.org
Climate Change
‘A new chapter’: Inaugural National EPA CEO John Bradley faces significant choices on the horizon
SYDNEY, Friday 12 June 2026 — In response to the appointment of the inaugural CEO of Australia’s first National Environmental Protection Agency (National EPA), the following can be attributed to Glenn Walker, Head of Nature at Greenpeace Australia Pacific:
“Greenpeace welcomes the appointment of the inaugural CEO of Australia’s first National EPA as the beginning of a new chapter in the conservation of our world-famous nature.
“Now is a time of environmental crossroads — the inaugural National EPA under new CEO John Bradley’s leadership has a duty to provide robust environmental protection advice to the Albanese Government, and can start by protecting Scott Reef and the World Heritage Great Barrier Reef.
“Mr Bradley has the important task ahead of leading the National EPA’s recommendation on Australia’s largest proposed fossil fuel project, Woodside’s toxic Browse project in Western Australia. Browse threatens Australia’s largest freestanding reef, Scott Reef, and our climate, and must be rejected by any agency concerned with protecting the environment.
“Mr Bradley must also use his new position to crack down on rampant deforestation, which is threatening the Great Barrier Reef and sending our native animals, like the koala, to the brink of extinction in Queensland and New South Wales. As a former head of Queensland’s state environment department, Mr Bradley understands the threat of deforestation, and has a unique opportunity to finally protect the Reef from that threat.”
—ENDS—
Images and videos of deforestation can be found here, and of Scott Reef here.
For more information or to arrange an interview, please contact Emma Sangalli on 0431 513 465 or emma.sangalli@greenpeace.org
‘A new chapter’: Inaugural National EPA CEO John Bradley faces significant choices on the horizon
China’s power-sector emissions fell in 2025 for the first time in a decade, but a rebound in coal-fired generation raises doubts about whether the decline will last.
China’s coal power output rose in early 2026, fueling concerns that last year’s drop in power-sector emissions may be temporary despite record growth in renewable energy.
Despite Record Renewable Growth, China Is Still Betting on Coal
Nearly 100 civil society groups from Türkiye and Australia urge COP31 Presidency to take bold steps to transition away from fossil fuels
‘A new chapter’: Inaugural National EPA CEO John Bradley faces significant choices on the horizon
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