Wednesday, August 17, 2016

Mexico: Taking Steps to Reduce Greenhouse Gases

Mexico to launch cap-and-trade pilot to help meet climate goals (Utility Dive)

Mexico will begin experimenting with a cap-and-trade system later this year, rolling it out for a 12-month test before moving to full operations in 2018, Reuters reports.

Mexico has been taking steps to address its pollution issues; the country committed to a 22% reduction in greenhouse gasses by 2030 to help it reach the long-term Paris climate accord goals, and earlier this year struck a deal with the United States and Canada to pursue more low-carbon power. 

Research firm MEXICO2 will run the cap-and-trade program, Reuters said, which will involve verifying emissions levels reported to the country's carbon certificate registry.

As part of the GRC Annual Meeting & GEA GEOEXPO+ being held October 23-26 in Sacramento, California, the GRC will host the eighth annual International Luncheon. The special event will highlight the geothermal energy market and developments in Mexico:
  • Mexico – International Cooperation - Emillio Camacho – California Energy Commission 
  • Mexico – Resource Expansion - Magaly Flores-Armenta - CFE