Current location:Global Gateway news portal > business
Mexico proudly controls its energy but could find it hard to reach its climate goals
Global Gateway news portal2024-05-01 00:33:54【business】9People 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.
Address of this article:http://aruba.nashville-west.com/news-05a199873.html
Very good!(7199)
Related articles
- Iconic former Uruguayan President Jose Mujica says he has esophageal cancer
- Sanders orders US and Arkansas flags flown at half
- Tragedy as five migrants die crossing Channel trying to reach Britain
- The best places to book a holiday if you don't want your hair to go frizzy
- IMF approves immediate release of final $1.1 billion tranche of $3 billion bailout to Pakistan
- Do YOU think St George's Day should be a national holiday?
- I'm an end of care doctor who's studied 1,000 people on their death beds
- Royal Navy names latest 7,400
- Chinese defense minister holds video call with US counterpart
- China restores 6.7 mln ha of land in ecological remediation drive
Popular articles
Recommended
Billie Eilish announces return to Australia in 2025 for upcoming world tour
Family pay tribute to 'incredible mother and cherished daughter' who was found dead at luxury five
Riley Greene homers twice and Mark Canha goes deep to power Tigers past Rays 4
US health officials warn of counterfeit Botox injections
Commentary: Investing in China is a superior option for multinationals
Billie Piper claims her Sky drama I Hate Suzie 'didn't get a big enough audience'
Tennessee passes bill to allow armed teachers in public schools
Chinese envoy calls on U.S. to find right way to get along with China in new era
Links
- Zhangjiakou is ready for the 2022 Winter Olympics
- Xi Focus: Xi's Inspection Trips Show Key Points of China's High
- More young Chinese people becoming fans of extreme sports
- Press conference for 2020 Chinese National Athletics Championships held in Shaoxing, Zhejiang
- Chinese cities to see tourism peak in New Year's Day holiday
- UEFA Europa League: GNK Dinamo Zagreb and Wolfsberger AC
- Xi Jinping and the Revival of Baiyangdian Lake
- Zhangjiakou is ready for the 2022 Winter Olympics
- Xi Calls on Young People to Promote World Peace, Development
- Members of Chinese Olympic delegation arrive in Tokyo