Mexico’s carbon emissions risk soaring by as much as 65% and electricity costs could also jump if the country passes reforms giving the state greater control over the power market, a U.S. agency said.
The government’s proposed change in the constitution to give state utility Comision Federal de Electricidad a bigger share of the power market would result in using less of Mexico’s booming solar and wind farms, according to a report by the Energy Department’s National Renewable Energy Laboratory. That would increase carbon emissions between 26% and 65%, while raising electricity generation costs between 32% to 54%, the NREL said.
