So now the European Union is "worried" about Mexico's electricity reform. Boo-fucking-hoo.😭
Maybe it should worry about its own disastrous and highly contaminating energy market before sending its delegations over here.
jornada.com.mx/notas/2021/10/…
Maybe it should worry about its own disastrous and highly contaminating energy market before sending its delegations over here.
jornada.com.mx/notas/2021/10/…
Here is the breakdown of energy consumption in the EU in 2019: 36.4% petroleum products, 22.4% natural gas, and only 15.3% renewables. Germany, the EU's largest economy, is ramping up its use of coal. The continent as a whole is in crisis because of its dependence on Russian gas. 
As I recently wrote in Jacobin (jacobinmag.com/2021/10/amlo-m…), what European energy companies are really concerned about is maintaining their ability to game the Mexican market by creating a parallel -and illegal- energy business.
With the #ReformaElectrica, private companies will still have access to 46% of energy production (still too much, but there it is). But without abusive contracts, unfair subsidies, and a "self-supply" scam that has allowed rich corporations to pay up to 60% less in electricity.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
