Mexican energy law seen as key climate step

Mexico

Mexico has made some high-profile pledges in its fight against global warming. In 2012, it passed one of the first national laws on climate change. In March it became the first developing country to announce a specific carbon-reduction plan, called an Intended Nationally Determined Contribution (INDC), ahead of the recent UN climate conference in Paris, pledging to cut its output of greenhouse gases and short-lived climate pollutants to 25% below business-as-usual levels by 2030. Now, Mexico has taken a step considered essential to making good on its pledges and hauling its inefficient, fossil-fuel-dependent electricity sector into the 21st century. On Dec. 10, Congress passed a long-awaited Energy Transition Law, which requires electric-power producers to generate a... [Log in to read more]

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