Current location:business >>
Mexico proudly controls its energy but could find it hard to reach its climate goals
business8People have gathered around
IntroductionMEXICO CITY (AP) — Mexico’s taking control of its oil sector from U.S. and British companies is taug ...
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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Culture Crossroad news portal”。http://malaysia.liveandunplugged.org/article-94d599384.html
Related articles
Who is Jacob Zuma, the former South African president disqualified from next week's election?
businessJOHANNESBURG (AP) — Former South African President Jacob Zuma was barred Monday from running for Par ...
【business】
Read moreMarte's 3
businessLOS ANGELES (AP) — Starling Marte hit a go-ahead, three-run homer in the sixth and first baseman Pet ...
【business】
Read moreOber throws 6 solid innings as Twins stop 5
businessMINNEAPOLIS (AP) — Bailey Ober pitched six solid innings, and the Minnesota Twins stopped a five-gam ...
【business】
Read more
Popular articles
- Ricky Stenhouse punching Kyle Busch could lead to suspension
- Haiti violence: Haitians scramble to survive as gang violence chokes capital
- Taylor Swift takes 'secret swipe' at ex Joe Alwyn in Fortnight video
- Rigoni, Stuver propel Austin to 1
- Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
- Caballero's tiebreaking double in the 10th lifts Rays past Yankees 2
Latest articles
Burglar hurled stolen mobile phones at police from the top of 60ft high roof during nine
Rosie Huntington
MacKinnon versus Hellebuyck highlight first
Conditions improve for students shot in Maryland park on 'senior skip day'
Investigators return to Long Island home of Gilgo Beach serial killing suspect
Liz Jones' Diary: In which I 'flip the script' on worries about my house move and marriage
LINKS
- County in China's Shaanxi Transforms Ecological Resources to Green Economy
- China's Pre
- Tsinghua Tops Global Ranking in Three Subjects
- China Takes Solid Steps to Foster Stronger Sense of Community for Chinese Nation
- Camping, Sports Activities Thrive at Beijing Expo Park
- Across China: More Young Chinese Sign up to Become Organ, Body Donors
- China Unveils Supporting Measures for Childbirth, Parenting
- Visitors View Exhibits at 2nd CICPE
- Qixi Festival Marked in Xi'an, NW China
- China's First Domestic HPV Vaccine Shows 100 Pct Efficacy in Clinical Trial