





January 16, 2026
The energy policy of the last 20 years has emptied both the gas fields and the vaults of the Central Bank.
November 8, 2025
Contrary to what is heard daily, Bolivia is not facing an energy crisis, but a hydrocarbon crisis. In fact, there are no blackouts or electricity rationing, although there are long lines at fuel pumps.
November 22, 2025
The reality of the cosmos and of human beings is complex and cannot be fully grasped through a single path of knowledge.
December 06, 2025
Given the magnitude of the disaster left behind by the “gasiferous oceanographers...
December 19, 2025
The Christian tradition of Christmas is the result of different sources, which respond to differing theological motivations.
January 03, 2026
The analysis of Bolivia’s energy sector in 2025 distinguishes two periods, with the government change as the dividing line: (1) from January to October, and (2) November and December.
Paradoxes of “Dignified Death”
There are several contradictions within the debate on euthanasia, contrasting modern medicine’s success in prolonging life with the contemporary tendency to seek assisted death in the face of suffering. Examples include therapeutic obstinacy versus the desire to control the end of existence, and the dehumanization inherent in comparing a dignified death to the putting down of animals. Likewise, caring for the elderly and the terminally ill offers an opportunity for spiritual and human growth. Finally, concepts such as “quality of life” are relative to each culture and, from a Christian perspective, the natural process of dying and the mystery of pain hold a profound value.
The Dilemmas of Tariquía
Bolivia currently faces a critical economic juncture, forcing the government to choose between economic stabilization and environmental conservation. The discovery of the DMO-X3 well near the Tariquía National Reserve epitomizes this dilemma: while the potential 2 TCF of gas could provide vital foreign currency and energy security through exports, the project faces intense opposition due to its proximity to a protected ecosystem and indigenous lands. Ultimately, the situation suggests a shift toward a strategic energy transition, where new gas finds are exported to maximize revenue while the domestic power grid aggressively pivots toward renewable sources to reduce internal gas dependency.
Brief Yearbook of the Energy Sector
A review is made of the milestones of 2025 in the Bolivian energy sector—mostly negative—and pathways for reactivation are suggested based on DS 5503, amid the ongoing hydrocarbons crisis.
The (Discordant) Accounts of Christmas
Christmas is composed of various elements, but not all of them come from the same source. Luke narrates episodes that are unknown to Matthew and vice versa. Other elements have been added by later tradition. The article compares the accounts of Luke and Matthew and highlights the different motivations of the two evangelists.
Energy Transition or Energy Diversification?
Due to the reality of the Bolivian energy sector, various arguments advocate for an energy transition rather than mere “diversification” or a simple change in the energy mix, as the new Minister of Hydrocarbons intends.
Metaphysics and Physics Facing the Preferential Option for Matter
The article advocates for a balance between physics (which explains the “how”) and metaphysics (which seeks the ultimate “why”). A recent LHCb discovery at CERN potentially explains why, after the Big Bang, matter survived while almost no antimatter did (instead of mutually annihilating). Although the evidence remains preliminary, it strengthens the idea that the universe exhibited a “preferential option for matter” by breaking fundamental symmetries, keeping both the scientific enigma and the vibrant frontier between physics and metaphysics very much alive.
Energy crisis or hydrocarbon crisis?
With the imminent collapse of YPFB, some proposals to refound Bolivia’s largest public company are being analyzed and it is suggested that the opportunity of the hydrocarbon crisis be used to promote the country’s energy transition.
The Nobel Prize in Economics and the Role of the State in R&D
The Nobel Prize in Economics awarded to Mokyr, Aghion, and Howitt for their work on endogenous growth through “creative destruction” has sparked debate about the role of the state in research and development (R&D). Endogenous growth, driven by internal factors like human capital and innovation, contrasts with exogenous growth reliant on external resources. Creative destruction describes how new innovations replace outdated products, as seen in the evolution of cell phones. While the laureates advocate limiting the state’s role to protecting smaller innovators, examples like China’s state-driven R&D success and the U.S.’s public-funded military-industrial research highlight the state’s importance. In developing nations like Bolivia, the state should fund basic research, leaving application to efficient private companies to foster innovation and critical thinking among youth.
Francesco Zaratti
Born in Rome (1947), he has lived in Bolivia since 1973.
He was Sonia’s widower and is now married to Carolita. From his first marriage he has three children and three grandchildren. He also shares three other children and seven grandchildren with Carolita.
He is a physicist by profession and an emeritus university professor. For 17 years he directed the UMSA Atmospheric Physics Laboratory. It also deals with energy issues, privatizations, biblical exegesis and common life.
In public life, he has collaborated, between 2004 and 2005, with President Carlos Mesa, as an advisor on energy and hydrocarbons and Delegate for the Review and Improvement of Capitalization.







