Mexico City, Mexico, April 7, 2022 – The United States is committed to working with Mexico to create a North American clean energy powerhouse that leads the world in combating the climate crisis and produces abundant clean energy with solar, geothermal, hydro, wind, and other clean energy technologies. These clean energy technologies can power an integrated North American supply chain as envisioned at the North American Leaders’ Summit. My colleagues and I have advocated for this vision of a North America clean energy powerhouse and expressed our concerns about the current and proposed energy laws in our many meetings with Mexican officials.
The U.S. government respects Mexico’s sovereignty and democratic processes. It is in that vein of cooperation and respect that we are concerned that the 2021 electricity law is likely to open the door to endless litigation, creating uncertainty and impeding investment.
The measures now before the Mexican legislature have impacts on North American competitiveness, and thus we hope that the legal framework that emerges will support the creation of a North American clean energy powerhouse, protect current and future U.S. business investments in Mexico in accordance with Mexico’s obligations under the United States-Mexico-Canada Agreement, and protect the integration of U.S.-Mexico supply chains for the prosperity of our region. We hope that any legal framework will make a clear commitment to combat the climate crisis and provide clean, affordable, accessible energy to all.