By KELIN DILLON Five years after Mexico entered the international Paris Agreement, which seeks to counteract climate changes and reduce countries’ environmental impact, with 195 other nations from around the world, Mexico has faltered in its own promised participation, continuing to favor fossil fuels over clean energy and following other environmentally unfriendly policies. While the Paris Agreement sought to generate
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By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) left no doubt on Monday, Oct. 10, as to which energy sources would be prioritized under his new electricity initiative. During his daily morning press conference, AMLO had Energy Secretary Rocío Nahle read out the details of his proposed electricity reform, which, she said, would return control
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By RICARDO CASTILLO Ancira Negotiations Imprisoned Mexican steel tycoon Alonso Ancira’s lawyer, José Luis Castañeda, continued negotiations at the Mexico City North Penitentiary late Tuesday, Feb. 9, and finally came up with a figure that his client will have to pay to win his freedom. In an out-of-court negotiation still to be ratified, Mexico’s state-run oil company Petróleos Mexicanos (Pemex)
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By THE PULSE NEWS MEXICO STAFF The American Chamber of Commerce in Mexico (Amcham) said Friday, Feb. 5, that President Andrés Manuel López Obrador’s (AMLO) proposed electricity reform bill “represents a giant step backwards for the sector’s ability to compete, the nation’s state of law and sustainable development for the country.” In a written statement, the business organization pointed out
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By RICARDO CASTILLO There is no doubt that the Mexican Supreme Court’s harsh blow against President Andrés Manuel López Obrador’s (AMLO) Energy Bill on Wednesday, Feb. 3, which shot down 22 articles of the controversial edict pushed through last year by Energy Secretary Rocío Nahle, wobbled the administration. The court voted against the bill because of what it considered radical
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By RICARDO CASTILLO No Changes in Energy Laws After U.S. Ambassador Christopher Landau, echoing both U.S. and European energy investors, voiced concern over changes in Mexican energy regulations, Mexican President Andrés Manuel López Obrador (AMLO) denied that there had been any changes and vowed to respect all contracts from the previous administration. Landau also said that this was “not a
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By RICARDO CASTILLO Jalisco Skids Deeper in Debt As pressure grows on Mexican President Andrés Manuel López Obrador (AMLO) “to make use” of credits available from international funding organizations, the president becomes more adamant and intrinsic about pushing the nation into further debt. Much of that pressure is coming from opposition state governors, who convened last week in Parras, Coahuila,
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By RICARDO CASTILLO Just how far and to where the fight between the Mexican government and clean energy producers will go is an open question. What is a fact now is that private-sector solar and wind electricity producers have filed suits and are going to court. And, meanwhile, Mexican industrial and business organizations are using the issuance of an attempt
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By RICARDO CASTILLO Storm Brews over Clean Energy Ban After the vociferous reaction from a number of top Mexican and international business organization leaders against the new ordinance published in the Official Gazette on Friday, May 15, by the Energy Secretariat called the Policy of Trustworthiness, Security, Continuity and Quality in the National Electricity System, as well as a myriad
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AMLO’s War on Clean Energy
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