Last month, U.S. Department of Energy (DOE) Secretary Jennifer M. Granholm visited Mexico City to engage in a dialogue with the Mexican government over the joint energy future of both the U.S. and Mexico.
According to a Jan. 21 press release, the U.S. Secretary discussed the concerns the Biden-Harris Administration has regarding Mexico’s proposed energy policy reforms which could adversely impact American investments in the country.
"Just wrapped an incredible trip to Mexico where @USAmbMex and I met with senior Mexican leadership, including President @LopezObrador, and industry, legislators, and civil society," Granholm wrote in a Jan. 21 Twitter post. "Thank you for frank and respectful conversations."
The United States greatly sees tremendous promise for renewable energy to propel North American competitiveness, according to the DOE.
"The proposed reform could also hinder U.S.-Mexico joint efforts on clean energy and climate," Granholm wrote in a statement. "We must maintain and enhance open and competitive energy markets that bring benefit to North America. I was assured that Mexico is committed to supporting clean energy and resolving current disputes with energy projects within the rule of law.
"Mexico is blessed with an abundance of potential renewable energy, that, if fully realized, could power its own country at least 10 times over, create millions of good-paying jobs, and develop an extraordinary export industry geared for a world in need of clean energy solutions."
Mexico is U.S second-largest trading partner, and U.S. companies are Mexico’s biggest investors.
"We have expressed our enthusiasm about working with the Mexican government to advance their climate goals, and grow a competitive and diversified clean energy economy," Granholm said. "The United States values our relationship with Mexico, which has for decades delivered great mutual benefit. We have a fundamental interest in seeing Mexico and its people succeed."