Rodolfo Rueda Quoted in El Financiero on Halting Development of Renewable Projects in Mexico

“Q4 energy policies violate ecological goals”

The policies that the government of Andrés Manuel López Obrador has established for the energy sector violate national and international agreements on environmental matters , inhibit investment in Mexico and will end up impacting the pockets of families , according to analysts.

…Rodolfo Rueda, senior advisor in Thompson & Knight’s International Energy Practice, said that development of renewable projects is being halted.

“We see a direct impact on stopping the development of renewable projects, and that this has an impact on national and foreign investments,” he said.

The expert indicated with this policy there is legal uncertainty.

He specified that with the current regulatory criteria there is a significant bias on the increase in the cost of compliance for individuals.