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31 October
Mexico's new president aims to reshape the energy sector
Claudia Sheinbaum, Mexico's first female president, is pushing for a major shift toward renewable energy while maintaining some populist policies of her predecessor.
In short:
- Claudia Sheinbaum, a climate scientist and Mexico’s new president, plans to boost clean energy initiatives, signaling a break from the policies of former president Andrés Manuel López Obrador.
- While continuing social welfare programs and price controls on fuel, she intends to limit private energy producers, capping them at 46% of national generation.
- Her approach reflects her commitment to reducing greenhouse gas emissions while maintaining continuity with López Obrador’s populist legacy.
Why this matters:
Sheinbaum's policies could set Mexico on a path to become a regional leader in climate action, but her restrictions on private energy could challenge investment in clean energy. Her success may influence climate policy across Latin America, especially in nations facing similar social and environmental pressures.
