Editor’s Note: This is a viewpoint from the USMCA Forward 2023 report where experts dive into the opportunities and complementary actions needed to build more integrated, resilient, and secure supply chains in North America. Mexico is called upon to be an essential partner in bringing dynamism, competitiveness, and resilience to North American production and in reaching its ambitious decarbonization goals. With an economy closely integrated with that of the United States, Mexico has much to gain from the relocation of production to serve the U.S. market. Yet, Mexico is at risk of missing this unique opportunity, as the López Obrador Administration has thus far failed to understand the primacy of climate objectives of its North American partners and of the firms interested in setting their operations in Mexico—and the role clean energies play in this equation. Research Affiliate – Center for Collective Intelligence at MIT Nonresident Fellow – Baker Institute Indeed, Mexico’s current energy policies promote the use of fossil fuels, undermine the electricity market, and hinder the deployment of renewable energies. These measures likely inconsistent with USMCA commitments have also led the U.S. and Canada to seek formal consultations with Mexico under the USMCA dispute settlement mechanism. The […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
