Ambassador Ken Salazar said he met with Mexican officials to discuss a proposed constitutional change to restrict the market share of private power generators and favor Mexico’s state-owned utility company.
In a letter to Salazar in October, about 20 Texas congressmen and senators said López Obrador’s proposal would “discriminate against American energy producers.”The bill that López Obrador submitted in October would cancel contracts under which 34 private plants sell power into the national grid. The plan would also declare “illegal” an additional 239 private plants that sell energy directly to corporate clients in Mexico.
The plan guarantees the government electrical utility a market share of “at least” 54%, even though U.S.-Mexico-Canada free trade pact prohibits favoring local or government businesses.
Getting really strong Tom-Brady-looking-at-the-refs-for-a-flag-on-a-perfectly-legal-block vibes from this wording.
Time for a dictator for Mexico. Maybe thr CIA can arm the drug barrons and start a civil war.
Hmm ... Nationalization vs Texan Electricity Companies ... not a hard choice.