Tag Archives: Electricity Reform

Just Another He Said, He Said

OPINION By THÉRÈSE MARGOLIS Despite the fact that U.S. Special Presidential Envoy for Climate Change John Kerry said Thursday, March 31, after a five-hour meeting with Andrés Manuel López Obrador (AMLO), that the Mexican president had agreed to make adjustments to his proposed electricity reform to ensure that it complies with the United States-Mexico-Canada Agreement (USMCA) and to respect all

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US Envoy Warns AMLO’s Energy Reform Could Stall Investment

By THE PULSE NEWS MEXICO STAFF U.S. Ambassador to Mexico Ken Salazar — who in February stirred diplomat waters by contradicting the Joe Biden administration when he said that Mexican President Andrés Manuel López Obrador (AMLO) “is right” about his country’s energy sector requiring reforms — said Friday, March 18, that the president’s reform will discourage investment in Mexico. Salazar

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OECD Says Mexico Needs ‘Comprehensive Reform’ to Boost Growth

XINHUA Mexico needs a “comprehensive reform agenda” to boost investment and economic growth, the Organization for Economic Cooperation and Development (OECD) said Monday, Feb. 21. After cutting its economic forecast for Mexico’s growth expectations for 2022 from 3.3 percent to just 2.3 percent, OECD Secretary General Mathias Cormann, warned that in order to spur higher growth, Mexico would have to

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Judge Warns Closing Iberdrola Would Have ‘Devastating Consequences’

By THE PULSE NEWS MEXICO STAFF A federal judge in the northern Mexican industrial city of Monterrey, Nuevo León,  warned Monday, Feb. 14, that denying permit renewals to the Spanish-owned Iberdrola energy company would have “devastating consequences” for the companies it supplies. Iberdrola, one of several private Spanish-owned energy firms that have borne the brunt of President Andrés Manuel López

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John Kerry to Reiterate US Energy Message to AMLO

By THE PULSE NEWS MEXICO STAFF Just days after U.S. Ambassador to Mexico Ken Salazar caused diplomatic ripples by contradicting the administration of President Joe Biden, saying that Mexico indeed needs an electrical reform, the U.S. State Department announced Monday, Feb. 7, that it would send Special Envoy for Climate Change John Kerry on a whirlwind tour to meet with

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AMLO’s Electricity Reform: A National Disaster in the Making

OPINION By ALEJANDRO ENVILA FISHER If the cancellation of the construction of New Mexico City International Airport (NAICM) in Texcoco had devastating effects on the Mexican economy — due to the exorbitant cost (estimated by the government’s own Superior Audit offices as being somewhere between 184 billion pesos and 332 billion pesos) but also because of the dubious signal it

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