AMLO Presses Opposition to Back Mexico’s Nationalist Power Bill
- Bill would amend the constitution to cancel private permits
- Lopez Obrador needs two thirds majority to pass amendments
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Mexican President Andres Manuel Lopez Obrador called on opposition parties to vote in favor of a nationalist bill that would return control of the electricity market to the state utility, and spoke strongly against legislators who may vote against the proposal.
The bill would amend the constitution to cancel most permits awarded to private companies for electricity generation to ensure the state-owned Comision Federal de Electricidad holds on to the majority of the market. It would also end the country’s independent energy regulators.