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Mexican Electric Industry Reform: A Setback To Climate Change Policies? - Environment

Precedents and Goals on Climate Change In accordance with Mexican legal precedents, climate change is the [v]ariation of the climate directly or indirectly attributed to human activity, which alters the composition of the global atmosphere and adds to the natural variability of the climate observed during comparable periods. In response to climate change, Mexico has implemented and adopted several mitigation and adaptation policies under the precaution, sustainability, co-responsibility and progressivity principles established in the Mexican Constitution, international treaties and environmental and energy federal laws. With respect to the energy sector, these policies have been further developed with the publication of the National Program for the Sustainable Use of

Investment in Mexico s wind energy plummets 61% in 2021

RIO DE JANEIRO, BRAZIL - The wind energy sector warned that the lack of long-term legal certainty, clear rules, permits and planning have kept investors away. As a result of president Andrés Manuel López Obrador s government s efforts to favor state-owned company Federal Electricity Commission (CFE) over renewable energies, Mexico has registered a 61% drop in investments in wind power plants in 2021. This was stated on Tuesday by Leopoldo Rodríguez Olivé, president of the Mexican Wind Energy Association (AMDEE) during an online presentation of the Mexico Windpower 2021 Digital Conference. The entrepreneur pointed out . . . To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here

Energy projects worth US $35bn on hold as government withholds permits

Energy projects worth US $35bn on hold as government withholds permits The 128 projects represent more than 100,000 jobs, says business lobby Published on Wednesday, May 12, 2021 47shares Energy sector projects worth more than US $35 billion are stalled because they haven’t been granted government permits, according to a high-ranking official with Mexico’s most powerful business lobby. Roger González, president of the Business Coordinating Council’s energy commission, said that 128 projects – among which are gas, fuel storage and electricity generation projects – are ready to start but can’t due to a lack of permits. Speaking at an energy forum on Tuesday, González blamed the delays on government changes to energy policy.

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