Mexico Sees Its Energy Future in Fossil Fuels, Not Renewables | World News,The Indian Express
The policy is central to López Obrador’s ambition to reverse what he sees as corrupt privatisation of the industry, guarantee Mexican energy sovereignty and return the country to the glory days when oil created thousands of jobs and helped bolster the economy.
Written by Oscar Lopez
On a recent scorching afternoon in his home state of Tabasco, the president of Mexico celebrated his government’s latest triumph: a new oil refinery.
Though not yet operational, President Andrés Manuel López Obrador hailed the refinery as a centrepiece in his grand campaign to secure Mexico’s energy independence.
“We ignored the sirens’ song, the voices that predicted, in good faith, perhaps, the end of the oil age and the massive arrival of electric cars and renewable energies,” he told the cheering crowd.
At a moment when scientists are sounding alarms about the need to move away from fossil fuels that contribute to catastrophic climate change, Russia’s invasion of Ukraine has sparked a global shift in the opposite direction, with the United States and European countries moving to increase oil and gas production to counter bans on Russian energy.
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