While the Sheinbaum government is set to largely expand its investments into clean energy, it also noted Mexico would continue relying fossil fuels to maintain the reliability of the national energy system
Read more
Nearshoring picked up steam when the covid-19 pandemic exposed the considerable risks inherent in the supply chains for numerous critically important products and intermediate goods for which there was often a single supplier
Read more
2022 will go down in history as a year of little wind growth, and Nuevo León will not be the exception
Read more
By KELIN DILLON According to new estimates from the the World Bank’s Global Gas Flaring Tracker 2022 Monitoring Report, Mexico has burned and effectively wasted approximately $2 billion worth of natural gas over the past three years, as state-owned oil company Petróleos Mexicanos’ (Pemex) lack of functional storage infrastructure has made it impossible to save and store the natural gas
Read more
By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO), in his morning press conference on Monday, June 13, claimed that the price of gasoline is skyrocketing in the United States mainly because the U.S. government has stopped investing in oil due to its preference for electric cars. “The United States has a serious problem because a gallon of gasoline,
Read more
By THE PULSE NEWS MEXICO STAFF Although Mexican President Andrés Manuel López Obrador’s (AMLO) controversial electricity reform bill — which would favor the use of contaminating fossil fuels over cleaner renewable alternatives — has yet to pass Congress, the state-run Federal Electricity Commission (CFE) is already prioritizing the distribution of electric power from its own plants over private sources, even
Read more
By THE PULSE NEWS MEXICO STAFF If Mexican President Andrés Manuel López Obrador’s (AMLO) controversial electricity reform — which would prioritize the use of state-run carbon-based fuels over private, clean-sourced energy — passes, the federal budget could lose up to 261 billion pesos in 2022, according to the Center for Economic and Budgetary Research (CIEP), Mexico’s top independent thinktank. In
Read more
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
Read more