Mexico Has an Energy Problem.

Mexico's first female president, Claudia Sheinbaum, faces challenges in ensuring a stable energy supply for the country. Her predecessor, Andrés Manuel López Obrador, implemented controversial energy policies that undermined private investment and relied heavily on state-owned companies. This has strained Mexico's investment climate and raised concerns about compliance with international agreements such as the United States-Mexico-Canada Agreement (USMCA) and the Paris Agreement. Sheinbaum must regain the trust of private investors and consider expanding Mexico's energy infrastructure beyond state companies like Pemex and CFE. The outcome of the US presidential race, particularly regarding trade relations with China, could also impact Mexico's energy and nearshoring goals. [Extracted from the article]