Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Mexico proudly controls its energy but could find it hard to reach its climate goals !

Mexico proudly controls its energy but could find it hard to reach its climate goals

Time:2024-05-21 14:47:09 source:Cultural Currents news portal

MEXICO CITY (AP) — Mexico’s taking control of its oil sector from U.S. and British companies is taught in schools and celebrated every year. The 1938 nationalization is a point of pride for millions of Mexicans including President Andrés Manuel López Obrador.

The popular president hails from the Mexican oil industry’s heartland, and 16 years ago he led a fight against energy reforms that were aimed at drawing private investment to the massive state-run oil company, Pemex. This year, the front-runner in the race to replace López Obrador chose the anniversary of Mexico’s oil expropriation to announce her energy proposals, which include maintaining large-scale petroleum production by Pemex.

Front-runner Claudia Sheinbaum also wants to make sure that the government-run Federal Electricity Commission, CFE, generates the majority of the power Mexico supplies to homes and businesses. Like the other two candidates to replace López Obrador, she only wants limited private energy involvement, but continuing to favor state-owned companies will make it harder for Mexico to meet its climate change commitments, experts say.

Related information
  • Analysis: Larson enters conversation with Verstappen as best drivers in the world
  • Marte hits tying homer in 9th, Grichuk has winning double in 10th, D
  • House prices fell 0.2% in last year, official figures report
  • Duke's Jeremy Roach announces plans to enter NBA draft and transfer portal
  • Siblings trying to make US water polo teams for Paris Olympics
  • Man arrested after 3 shot to death in central Indiana apartment complex
  • Minnesota toddler dies after fall from South Dakota hotel window
  • The habits that add decades to your life
Recommended content
  • The government wants to buy their flood
  • Pentagon leaders press Congress for Ukraine funding, saying battlefield situation is dire
  • Duke's Jeremy Roach announces plans to enter NBA draft and transfer portal
  • OJ Simpson was chilling with a beer on a couch before Easter, lawyer says
  • Yvette Fielding says her Most Haunted co
  • Edmunds: Avoid these 3 mistakes when buying a used car sight unseen