Mexico's First Female President Pledges Aggressive Climate Action

Claudia Sheinbaum aims to boost renewable energy and limit oil production, marking a significant policy shift from her predecessor.

President Claudia Sheinbaum announced a goal for renewable energies to constitute 45% of Mexico's electricity production by 2030, up from 24% last year.
Sheinbaum plans to introduce an ambitious energy transition program to reduce greenhouse gas emissions and combat climate change.
For the first time, Mexico will impose a cap on oil production at 1.8 million barrels per day, aligning with 2023 production levels.
Despite her renewable energy focus, Sheinbaum intends to strengthen state-owned entities like Pemex and the Federal Electricity Commission.
Legal uncertainties loom over her initiatives due to a constitutional reform favoring state control of electricity, enacted by her predecessor.