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From The New Republic:
WASHINGTON--It could be said that Latin America will come of age politically the day that Pemex, Mexico's oil behemoth, ceases to be a state monopoly. Until that happens, the psyche of many Latin Americans will be beholden to the mythical notion that government-owned natural resources are the custodians of national identity. That is why President Felipe Calderon's efforts to open up the oil sector to private investment in Mexico have profound cultural implications.Go here for more. Da-dum, da-dum, da-dum-da-dum-da-dum-da-dum . . .
Legislation that would allow foreign investors to sign contracts with Pemex in order to explore, distribute and refine oil falls short of what is needed. But given the taboo that surrounds anything related to Pemex and the fact that the president's party is in the minority, Calderon's move deserves ample credit.
Oh, and from The Christian Science Monitor:
Phoenix - The sun shines 325 days a year in Arizona, on average, and some here see that as the state's biggest energy asset.Time to call your progressive senators, Arizona.
But fledgling efforts to turn Arizona into the solar capital of the world depend on making the initial investment in new energy plants affordable – something that could become much more difficult, perhaps even impossible, if a federal tax credit for solar projects expires at the end of the year as scheduled.
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