President Sheinbaum of Mexico is recognized for her knowledge of renewable energies and innovative technologies, making her a key figure in government decision-making. The Economic Studies Center of Banamex considers that the declaration of an energy emergency will have negative implications in the fight against climate change at the global level, although it could also benefit Mexican exports in the short term.
In this context, the possibility of green taxes on Mexican imports is eliminated, which, while positive in the short term, will reduce incentives to resume the green agenda abandoned in the past. Experts warn that this situation could slow progress towards the goal of zero emissions by 2050, worsening the impacts of the climate crisis.
On the other hand, the incentivization of drilling and oil extraction in the United States, especially in strategic areas like the Gulf of Mexico, could lead to a significant increase in global oil supply. This measure could result in a decrease in international fuel prices, generating changes in the global market and the response of its participants.
The United States' withdrawal from the Paris Agreement under the administration of Donald Trump will have important repercussions on the global energy transition. Experts point out that the lack of financial commitment to this transition could significantly affect its progress. Meanwhile, Trump seems to be using energy as a geopolitical tool, contrasting with the vision of Claudia Sheinbaum's government, which seeks to improve the quality of life of people through the energy transition to clean and reliable sources.
It is estimated that the main difference in energy policies between the United States and Mexico will be the speed with which the energy transition will be carried out. While Trump prioritizes the use of fossil sources, Mexico is moving forward with a green agenda and the promotion of clean technologies. The U.S. administration focuses on the exploration and production of fossil fuels, unlike the Biden administration, which promotes renewable energies and innovative technologies in the energy sector.
