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Canacintra anticipates ‘wave of lawsuits’ with electricity reform

The reform of the Electricity Industry Law (LIE) would generate a wave of lawsuits at the national and international level due to the impact on investments and commitments established in the T-MEC, warned the National Chamber of the Transformation Industry (Canacintra) .

Enoch Castellanos, president of the organization, assured that the reform goes against world commitments to reduce the use of dirty energy.

The Canacintra calls to reject the Preferential Initiative to Modify the Electricity Industry. Photo: Pixabay.

It is necessary to establish an effective energy policy that ensures continuous supply, low costs for users and certainty for those who want to continue investing in favor of Mexico and Mexicans, « he said at a conference.

Likewise, he affirmed that the registered blackouts reflect the precariousness of the country’s energy sector due to inexperience, dogmatism in decision-making and the absence of technical criteria in the current Administration.

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« Faced with this situation, the Chamber calls to reject the Preferential Initiative to Modify the Electricity Industry as it was sent, as it would have dire consequences for the electricity sector, industry and consumers, » he said.

Castellanos considered that if the initiative is approved as such, the industrial sector and smaller companies would see their production costs impacted with an increase of between 30 and 60 percent.

« This would lead to many industries not being able to continue operating and the employment of thousands of workers would be affected, » he said.

Enoch Castellanos, president of Canacintra, assured that the reform goes against world commitments to reduce the use of dirty energy.

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