Mexican Congress Rejects More State Control Over Energy Industry
Wall Street JournalAPR 2022
AMLO's energy reforms are central to his platform, but they would be disastrous for Mexico on many levels. If approved, they would aggravate relations with the US and threaten foreign investment, as Mexico would be breaching its contracts. Furthermore, this would damage Mexico's climate change goal to produce 35% of electricity from clean sources.
AMLO is promoting reforms that will modernize national energy plants, reduce dependence on fossil fuels, and boost national development. Lawmakers have betrayed Mexico's national interest by defending foreign companies who exploit and plunder the country's precious resources.