Mexico’s Energy Reform: 3 Risks to Investors
How the government's proposal could undermine competitiveness – and violate trade agreements.
MEXICO CITY – The U.S. government has in recent weeks put in no uncertain terms its concern over President Andrés Manuel López Obrador's proposed overhaul of the Mexican energy sector. On Jan. 24, speaking after a recent visit to Mexico City, U.S. Energy Secretary Jennifer Granholm noted that the proposal, if left unchanged, would "not create a level playing field" for U.S. investors. An earlier statement noted the Biden administration's "real concerns" over the plan, both for investment and renewable energy. To be sure, Granholm also said she saw "openness" on the part of the...
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