Mexico’s President-elect promises to ban fracking
Mexico’s president-elect has promised to ban fracking across the country.
Andrés Manuel López Obrador, who is due to enter office in December, said he would call an end to the controversial oil and gas extraction method beginning to take place in the north of the nation.
Asked about the potential risks of fracking at a news conference, Andres Manuel Lopez Obrador said: “We will no longer use that method to extract petroleum.”
Mexico has a significant potential shale formation in the Burgos basin and while few wells have been drilled, the government recently scheduled an auction for a number of blocks to host commercial fracking development.
…
Source: Energy Live News
Date: September 2018
Related Articles
How solar energy could be the largest source of electricity by mid-century
The sun could be the world’s largest source of electricity by 2050, ahead of fossil fuels, wind, hydro and nuclear,
How renewable energy is winning over fossil fuels with lower prices
Fossil fuels have long been at the fore front of electricity production, but recent reports and studies have concluded or shifted their
New York enjoys nearly 800 percent growth in solar
New York Governor Andrew M. Cuomo has announced that state-supported solar power in New York increased nearly 800 percent from
