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ENERGY NEWS
US urges Mexican climate action ahead of UN talks
by AFP Staff Writers
Hermosillo, Mexico (AFP) Oct 29, 2022

US envoy John Kerry on Friday called on Mexico to step up efforts to tackle climate change, during a visit aimed at boosting cross-border cooperation in clean energy technology.

Kerry held talks with Mexican President Andres Manuel Lopez Obrador and other officials about efforts to promote electric vehicles, reduce greenhouse gas emissions and deepen investment in renewable energy.

The meeting in Mexico's northwestern state of Sonora comes ahead of the COP27 UN climate talks in the Egyptian resort of Sharm el-Sheik starting on November 6.

"Over the last year we have seen unbelievable evidence of the growing impacts of the climate crisis on the planet" including floods, fires and drought, Kerry told reporters after the talks.

"All of which compel us to make extra efforts to try to produce results in Sharm el-Sheik," added Kerry.

The visit by US President Joe Biden's climate envoy comes as Mexico faces a formal trade complaint from the United States and Canada over Lopez Obrador's energy policies.

Washington and Ottawa see the Mexican president's push to boost the state's role in the energy industry as damaging to foreign investors and the development of clean energy.

Mexico hopes that Sonora -- believed to be home to most of the country's lithium deposits -- will be a beneficiary of the shift to clean energy and electric vehicles.

Mexican lawmakers approved a plan in April to put exploration and mining of lithium -- a vital material in the production of batteries for electric cars, mobile phones and other technology -- under state control.

In August, Lopez Obrador announced that lithium exploitation would be opened to private investors because there were insufficient public funds to develop the sector.


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ENERGY NEWS
IEA sees global energy emissions peaking in 2025
Paris (AFP) Oct 27, 2022
The International Energy Agency said Thursday it believes global energy emissions will peak in 2025 as surging prices due to the Russian invasion of Ukraine propel investment in renewables. Only last year the IEA said there was "no clear peak in sight" in energy emissions, but the new higher investment in wind and solar is setting up demand for all fossil fuels to peak or plateau, leading to a drop in emissions. "The global energy crisis triggered by Russia's invasion of Ukraine is causing profo ... read more

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