Mexico’s Supreme Court deemed constitutional Thursday a controversial energy law pushed by President Andrés Manuel López Obrador that gives government-owned power plants preference over private competitors.
Government supporters attend a meeting with Mexico City's head of government Claudia Sheinbaum and members of the ruling MORENA party to inform on the Energy Reform Bill at the Revolution Monument in Mexico, City, Wednesday, April 6, 2022. MEXICO CITY — Mexico’s Supreme Court deemed constitutional Thursday a controversial energy law pushed by President Andrés Manuel López Obrador that gives government-owned power plants preference over private competitors.
Jesús Ramírez, presidential spokesman, celebrated the court’s decision. “History will judge those who betray the country and the interests of Mexican people,” he said via Twitter. He said the U.S. hopes "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.”
López Obrador maintains the goal of the law is to protect state companies against what he considers unfair competition from privately owned power plants.
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