Mexico committed to renewable energy development
During the Climate Summit 2014 in the United Nations General Assembly, the Mexican President reinforced the idea that expanding renewable energy has to be a common, global effort.
During the Plenary Session of Heads of State and Government of the Climate Summit 2014, in the framework of the 69th United Nations General Assembly, the President of Mexico, Enrique Peña Nieto emphasized that addressing climate change requires the commitment and combined efforts of all nations and of all stakeholders, “We must speed up efforts to advance the care and protection of our common home, our only home, which is planet Earth.”
He also said that this reform encourages the generation of electricity from cleaner sources of energy, by establishing the immediate deductibility of investments in this industry. He said that, “In electricity, we will promote smart transmission grids by facilitating interconnection for clean energy producers in areas with greater geothermal, wind or solar potential.”
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