The presidency of Andrés Manuel López Obrador (AMLO) is already starting to feel like a slog, and it hasn’t even begun yet. López Obrador was elected in July and is set to begin his six-year term on December 1, but it certainly feels like he’s president already and an embattled one at that. Memory can be hazy but it seems to us that in prior transition years, the president-elect maintained a far lower profile during the five-month period between election and inauguration and took care not to overshadow the sitting president. That may be because in the past the transitions were largely between PRI administrations, or between the PRI and the PAN, which aren’t much different anyway. Continue reading Willy nilly Morena rattling nerves and markets
Mexico’s 2014 energy industry reform generated a great deal of interest among foreign energy companies eager to participate in the the newly opened sector. Although most of the media coverage has focused on oil exploration and extraction, proponents of non-fossil-based fuels are hoping that the regulatory changes will spur growth in renewables as well.
In 2012, Mexico became one of the first countries to pass a national climate change law, setting ambitious targets for emissions reductions by 2020. Despite the legal directives, renewable energy development has been largely slow to galvanize, with most new investment channeled into wind power. While media coverage has focused on high cost mega-projects such as wind farms in the south and a small number of large scale solar plants in the north, proponents of biomass energy are working hard to develop some important new projects in this area. Continue reading Biomass projects developing in shadow of energy reform
Throughout the first year of Mexican President Enrique Peña Nieto’s administration, which began in 2012, he was launching major policy and infrastructure initiatives as if his pants were on fire and he needed colossal government projects to put them out. A little over two years into the administration, however, the feverish pace of advance has hit a significant rough patch and the president has returned to earth with a thump. We recently faced up to the collapse of one of the most ambitious proposed infrastructure projects, the high-speed passenger train to Querétaro. Despite our broken dreams, there really was no reason for us to expect that the Querétaro train would ever be built, as we have a well established track record of projects large and small being abandoned and swept under the rug after being announced to great fanfare. And the most hair-raising of these in recent memory must be the new airport for Mexico City proposed by President Vicente Fox in 2001. Continue reading Will Mexico City really have a new international airport?