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:2024-05-18 00:20:56 source:Cultural Compass 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
  • Francis Ford Coppola debuts 'Megalopolis' in Cannes, and the reviews are in
  • Jury finds Wisconsin man sane in sexual assault, killing of toddler
  • Pump the brakes! US safety regulator announces HUGE change to all new cars and trucks
  • EU, UN reschedule launch of anti
  • Brussels warns it WON'T let The Netherlands opt out of EU rules and bring in its 'strictest
  • Lebanese Christian leader says Hezbollah's fighting with Israel has harmed Lebanon
  • Here are the top American cities Joe Biden is sending hundreds of thousands of paroled migrants
  • Golden Knights goalie Adin Hill will start Game 5 against the Stars
Recommended content
  • Topeka was at the center of Brown v. Board. Decades later, segregation of another sort lingers
  • Australian ministers won't comment on media reports that Indian spies were secretly expelled
  • Stock market today: Global stocks are mixed after Wall St tumble. Most markets close for holiday
  • Court case over fatal car crash raises issues of mental health and criminal liability
  • Wembanyama headlines France's preliminary roster for Paris Olympics basketball tournament
  • Inspirational fighting spirit of boy given a gift by King Charles: Eleven