The energy transition in Latin America

Andrés Manuel López Obrador (AMLO) took office as Mexico’s new left wing and nationalist president in December 2018. During the first four of his six-year term in office he came across as an unreconstructed enthusiast for state-owned, fossil fuel-burning energy companies, such as Petróleos Mexicanos (Pemex – oil and gas) and Comisión Federal de Eletricidad (CFE – electric power generation and distribution). Mexico, the second most populous country in Latin America, appeared not to be interested in any major energy transition.