Mexico's upcoming presidential election and potential climate policies
Mexico is likely to elect its first woman president, a left-wing climate scientist, who plans to focus on climate and environmental issues, increase renewable energy sources, and strengthen state-owned enterprises for the energy transition. The election comes amidst a deadly heat wave and a water crisis in Mexico City.
Key Points
- Sheinbaum's plan includes having 50% of Mexico's electricity demand met through zero-carbon sources by 2030
- She aims to invest $13.6 billion in renewable energy and expand electrified mass transit
- State-owned enterprises will play a significant role in the energy transition
Pros
- Focus on climate and environmental issues
- Increase in renewable energy sources
- Strengthening state-owned enterprises for the energy transition
Cons
- Boosting refinery capacity and increasing oil production