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Mexico: Pemex highlighted as the most polluting company in Latin America, raising concerns about the country´s commitments under the Paris Agreement

Author: Latin American Post, Published on: 25 October 2019

“Mexico: what is going on with the Paris Agreement?”, 24th October 2019

…Despite global attempts, such as the Paris Agreement, many companies are not yet aware of its effects on climate change. Among them, oil companies predominate, the majority in state quality.

The British newspaper The Guardian published an investigation that highlights the 20 companies responsible for a third of CO2 emissions globally. The media has committed itself to the environmental cause and has ensured that “their independence means that they can interrogate those in power for their inaction” regarding the issue. The worrying thing is that many are state corporations, even when many countries say they are committed to environmental causes…

Latin America has not lagged behind in this list of companies revealed by the British newspaper and among them are the Mexican oil company, Pemex, Petróleos de Venezuela (PDVSA) and Petrobras…

The case of Mexico attracts attention because Pemex is the most polluting company in Latin America, contributing 1.67% of the total greenhouse gas emissions in the world. The contradictory thing is also that the AMLO government ratified the Paris Agreement less than a year ago, in December 2018, which implies that the country should be more committed to reducing its environmental footprint…

 

Read the full post here

Related companies: PDVSA (Petróleos de Venezuela) Pemex Petrobras