Mexico to Spend $23 Billion to Cut Greenhouse Gases Agence France Presse
go to original December 10, 2015

Time for transition: Mexico is one of Latin America’s most advanced countries in the fight against climate change. (Agence Française de Développement)

Mexico's government says it will invest $23 billion at refineries to slash greenhouse gas emissions from gasoline by 90 percent and cut several tons produced by four facilities.

While world governments held climate talks in Paris, President Enrique Pena Nieto's office announced a $3.1 billion project to reduce sulfur content in gasoline, in a project to be completed at six refineries in early 2016.

Another $3 billion will be spent at three refineries and a gas processing plant so that they can produce their own electricity, cutting 3,000 tonnes of greenhouse gases per megawatts generated each year. Those projects will start in 2018-2019.

The government will also spend $13 billion to increase its capacity to process crude oil and another $3.9 billion to reduce the need for imports of diesel with low sulfur content.

Read the rest at Daily Star

Related: Mexican Environmental Agency Closes 27 Industrial Businesses over Pollution (Latin American Herald Tribune)

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