
The USMCA reflects a disconnect between the actions needed to meet challenges to address the climate crisis and the actions the North American partners prefer to protect their access to energy resources and the distribution of energy in the region. The treaty has carveouts and exceptions that allow each of the three nations to move their individual energy agenda forward, sometimes at the expense of collective goals. As the chapter will explain, the lack of common ground leads to contradictions and a disconnect among the partners’ priorities. The U.S. can point to the USMCA as an example of its effort to achieve clean energy security in the long term by promoting environmental standards and ensuring the flow of energy products. The same treaty, however, can be used by Mexico to argue for policies in favor of developing fossil fuels through state-owned companies that infringe the rights of foreign investors producing renewable energy. The treaty allows both views to coexist. It is left to the dispute resolution bodies in the treaty to work out the inevitable conflicts.
NAFTA, Mexican energy law, 330, USMCA, Agricultural biotechnology, Investor–state dispute settlement, Pemex, Comisión Federal de Electricidad, Biden administration, 320, Mexican government policies, State-to-state dispute settlement, Sunset provisions, Dispute Resolution and Arbitration, President Lopez Obrador, International Law, Natural Resources Law, Energy and Utilities Law, International Trade Law, Law, Inflation Reduction Act, Supply chains, Biotechnology
NAFTA, Mexican energy law, 330, USMCA, Agricultural biotechnology, Investor–state dispute settlement, Pemex, Comisión Federal de Electricidad, Biden administration, 320, Mexican government policies, State-to-state dispute settlement, Sunset provisions, Dispute Resolution and Arbitration, President Lopez Obrador, International Law, Natural Resources Law, Energy and Utilities Law, International Trade Law, Law, Inflation Reduction Act, Supply chains, Biotechnology
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