Argentina promulgates Cold Zone Law: subsidies tied to Resef registration, base consumption cap

Argentina has enacted the Cold Zone Law, which restricts energy subsidies to users registered in the Resef system and limits them to base consumption levels. The change tightens eligibility and could reduce fiscal outlays, but may raise energy costs for unregistered or high-usage households in cold regions. The law's implementation details and impact on vulnerable populations remain to be seen.