Mexico. Due to a shortage of resources, the Mexican government foresees a reduction in its oil reserves. Without capital for the exploration and exploitation of new deposits available in the depth of the Gulf of Mexico, the alternative is to promote the development of new energy sources. The executive believes that it is time to invest in new technologies that facilitate the production of biofuels such as ethanol. The first steps were already taken when the Law on the Promotion and Development of Bioenergetics was approved. Analysts announce that the project will be on track, when a consensus is reached among all sectors of the industry.
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