Will small energy consumers be faster in transition? Evidence from the early shift from coal to oil in Latin America

► We provide evidence of the early transition from coal to oil for 20 Latin American. ► We find that being a small energy consumer makes a difference for the way the energy transition takes place. ► Followers had earlier and faster transitions than leading nations. ► 'Leapfrogging' allowed extremely fast energy transitions. ► Alternative forms (revertible, inverse) of energy transition also exist.