By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Claudia Sheinbaum wants Mexico to start fracking to get away from Trump’s natural gas. But she won’t call it that
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Business > Claudia Sheinbaum wants Mexico to start fracking to get away from Trump’s natural gas. But she won’t call it that
Business

Claudia Sheinbaum wants Mexico to start fracking to get away from Trump’s natural gas. But she won’t call it that

By Viral Trending Content 3 Min Read
Share
SHARE

Mexican President Claudia Sheinbaum on Wednesday announced plans to tap into unconventional natural gas deposits in an effort to lower her country’s reliance on foreign energy at a time when the Iran war is disrupting global energy markets.

But Sheinbaum — a scientist and climate expert — notably avoided the term hydraulic fracturing or “fracking,” a drilling method used to extract oil and natural gas from deep underground bedrock using a highly pressurized liquid. Instead, she framed the initiative as a quest for “sustainable” extraction, emphasizing that environmental impacts would be minimized to the greatest extent possible.

The technical feasibility of “sustainable fracking” is a subject of significant debate among environmental scientists and energy experts. But Sheinbaum said a technical committee will spend two months evaluating less harmful methods, such as utilizing nonpotable water and reducing chemical additives. The committee will also assess the potential costs of these mitigations, she said.

“All the gas we import comes from a type of extraction that has environmental impacts” and is “100 meters from the Mexican border,” she noted, alluding to fracking projects in Texas.

Mexico is the world’s single largest buyer of U.S. gas.

While noting that natural gas import contracts with the U.S. remain secure and the bilateral relationship is strong, she argued that increasing energy sovereignty is a responsible necessity. “Is more gas needed? Yes. Can all gas be replaced? Hardly,” she added.

Since assuming power in October 2024, Sheinbaum has pledged to expand renewable energy while maintaining firm support for the state-owned Petróleos Mexicanos. On Wednesday, she defended this stance by arguing that fossil fuels remain an essential component of Mexico’s energy landscape.

Sheinbaum said the priority is to reduce external energy dependence in turbulent times and avoid situations like the one experienced in Europe with the shortage of Russian gas during the war in Ukraine or the one caused by the current war in the Middle East.

Wednesday’s proposal — which is certain to spark controversy — comes amid a surge in infrastructure projects designed to increase U.S. gas imports. These developments aim to satisfy Mexico’s rising domestic electricity demand while positioning the country as a hub for re-exporting gas to Asian and European markets.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.

You Might Also Like

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

White House warned staff against betting on futures markets amid Iran war, official says

Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin

TReDS tweak to ease MSME credit flow amid global pressure

1 FTSE 250 stock I like and 1 I’ll avoid after the stock market correction

TAGGED: bbc business, Business, business ideas, business insider, Business News, business plan, google my business, income, money, opportunity, small business, small business idea
Share This Article
Facebook Twitter Copy Link
Previous Article iPhone 18 Pro Leaks: 13 New Features, and Design Changes
Next Article Lights, camera, action: How set-jetting tourism boosts Madrid’s economy
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
Business
Apple AI Pin Specs Leak: Dual Cameras, No Screen & More
Tech News
A ‘glass-like’ battlefield: German Army chief on the future of warfare
World News
Polymarket Sees Record $153M Daily Volume After Chainlink Integration
Crypto
Natasha Lyonne Then & Now: See Before & After Photos of the Actress Here
Celebrity
Cult Hit Doki Doki Literature Club Fights Removal From Google Play Store Over ‘Depiction Of Sensitive Themes’
Gaming News
Dead as Disco Launches Into Early Access on May 5th, Groovy New Gameplay Released
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
April 10, 2026
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?