Print
Andres Manuel López Obrador never liked Mexico’s energy reform measures when they passed in 2013 and 2014 and now, in the third year of his six-year term as the country’s president, he appears poised to try to severely weaken them — and boost the fortunes of the state-run electric company at the same time.
At issue is a controversial bill that has passed through the country’s Legislature the populist president says will help Mexico become more energy independent. But critics say it will discourage investment in the country’s energy sector and slow the development of renewable energy, among other sources of electricity.