Claudia Sheinbaum, the current frontrunner in Mexico’s 2 June presidential elections, has stated that she plans to keep state oil company Pemex afloat by refinancing the company’s debt and pivoting towards renewable energies if she is elected. A push to make Pemex greener would be welcomed by many, given the criticism that President Andrés Manuel López Obrador has received domestically and abroad for his fossil-fuel-centric energy policies. However, there are doubts as to how a potential Sheinbaum administration would address Pemex’s financial problems in the long term. End of preview - This article contains approximately 582 words.
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