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    Clean energy in Mexico, is it now?


    June 16, 2022 - CE Noticias Financieras

     

      John Kerry, U.S. presidential envoy for climate affairs, left the National Palace very happy because, once again, the President of Mexico committed to clean energy, but as soon as the door closed behind him, López Obrador announced the end of Daylight Saving Time which, among other benefits, saves dirty energy.

      It cannot be naivety that moves the U.S. government in the face of a Mexican regime that has proven its disinterest in promoting actions that help slow the pace of climate change.

      The promise that this influential White House official came out with is that in the coming days Lopez Obrador will announce a plan to welcome private investment in clean energy.

      This is exactly the opposite of what López Obrador's energy counter-reform is promoting, the one that failed in its attempt at constitutional change but received unexpected oxygen from the Supreme Court of Justice of the Nation.

      Kerry could have arrived in front of the President with these data, recently recalled by México Evalúa, on how the Federal Electricity Commission is responsible for 17% of the CO2 emissions of the entire country.

      Data from the firm Sustainanalytics show that Pemex is the most risky oil company in the world and the CFE itself is not far behind with levels that exceed the maximum permitted levels.

      Simply put, in ecological matters, the European Space Agency recently proved to the Mexican government that Pemex intentionally released 4,000 tons of methane into the atmosphere at its offshore plants in the Gulf of Mexico.

      But President López Obrador knows all this. But from the President's point of view, this is a lesser evil compared to the benefit of the transformation from an environment of competition and promotion of clean energies, as contemplated in the 2013 reform, to an ecosystem where the State's monopolistic parastatals prevail, without entrepreneurial vision, but with a great deal of nationalism.

      Surely we are in the prelude to a morning meeting in which the President will have the heads of Energy, Pemex and CFE as part of the day's cast to repeat his energy plan. Under the State's stewardship, the oil company and the electric company invite the private sector to risk their capital under the command of the bureaucrats of the 4T.

      There he will take John Kerry's kind request during his recent visit as granted.

      He will again say that all those tons of fuel oil and coal being burned are a conservative invention to discredit the work of the greenest government in Mexican history.

      This, truly, cannot be naiveté on the part of the White House. Joe Biden's administration must warn the Mexican government of something else if it does not comply with its commitments, both to U.S. companies, to the trilateral trade agreement and to the environment.

      It will not be with bad deals that the Democratic administration will make its differences with the Lopez Obrador regime palpable, but they will hardly stand idly by.

      Farewell to Daylight Saving Time

      Initiative

      The President committed himself to clean energy before John Kerry, but this Monday he announced that he will send to Congress an initiative to put an end to Daylight Saving Time.

      Argument

      The Chief Executive affirms that there are no benefits of Daylight Saving Time, since it represents an electricity saving of only 0.2% of the national consumption.

      Health

      The Ministry of Health presented a study in which it assures that the timetable causes sleep, behavioral and hormonal disorders and the risk of heart attack during the first weeks.

      ecampos@eleconomista.mx

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