The Promise and Pitfalls of Mexico’s Clean Energy Plan ...Middle East

Economy by : (OILPRICE) -
For years, Mexico has been exploiting its vast oil reserves to meet its energy needs and boost its export revenues. During this time, several governments largely overlooked the country’s renewable energy potential. Many regions of Mexico experience abundant sunlight throughout the year, while the north of the country has high levels of wind. However, to date, its renewable energy sector is somewhat underdeveloped. Despite having expanded its renewable energy capacity in recent years, Mexico still relies heavily on fossil fuels. However, greater…

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