Mexico electricity: President signs off on controversial energy bill

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  • Al Jazeera English published this video item, entitled “Mexico electricity: President signs off on controversial energy bill” – below is their description.

    Mexican President Andres Manuel Lopez Obrador has signed into law a controversial electrical energy bill that favours government-owned generating plants that largely run on fossil fuels.

    The bill has drawn complaints from private business groups and foreign investors, some of whom backed cleaner gas and renewable power plants in Mexico.

    But Lopez Obrador says the move will make the country more energy independent, although activists have decried the bill, saying it does not make environmental and economic sense.

    Al Jazeera’s John Holman reports from Mexico City, Mexico.

    Al Jazeera English YouTube Channel

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    In This Story: Mexico

    Mexico is a country in the southern portion of North America. It is the most populous Spanish-speaking nation. Mexico City is its capital city and largest metropolis.

    Mexico became an independent nation state after the successful Mexican War of Independence against Spain in 1821.

    Mexico is a developing country, but has the world’s 15th-largest economy by nominal GDP and the 11th-largest by PPP, with the United States being its largest economic partner. Since 2006, a conflict between the government and drug trafficking syndicates has led to over 120,000 deaths.

    Mexico receives a significant number of tourists every year; in 2018, it was the 6th most-visited country in the world, with 39 million international arrivals.

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