Mexico Weighs Limits to Private Investment in Electricity

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Mexico is weighing a bill to change the country’s constitution to boost state control of the electricity industry, a move that would jeopardize billions of dollars of investments by private power generators

MEXICO CITY— and could lead to international lawsuits by energy firms.

The bill, unveiled Friday by President Andres Manuel López Obrador, could face a hard time in Mexico’s Congress, where Mr. López Obrador’s leftist party lacks the two-thirds majority needed to change the constitution.

 

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That's the idea. There will be an absolute control of the Electricity network, production and service by the State. Private indistry and investment will be limited to certain supply areas.

This seems bad. POTUS?

Do you guys still watch me? How embarrassing. Do you guys have a personal problem? Do you not know how to turn your eyes away?

Yeah and that's worked out great for us. PG&E, the 30 in TX that failed, oh and Enron. But the investors

Hmm 2021 can get more interesting, the government is trying to enslave the whole her citizens at all cost

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good luck

Dope.

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