In October, the Mexican federal House and Senate approved a decree enacting the new Energy Efficiency Law (Ley Para el Aprovechamiento de laEnergía). The new law will be sent to Mexico’s president for execution and publication in the Official Journal of the Federation (Diario Oficial de laFederación). The new statute creates the National Commission for Efficient Use of Energy, as a decentralized agency of the Department of Energy. ThisCommission will issue standards for quantifying greenhouse gases in the exploration, production, transformation, distribution and consumption ofenergy, as well as carbon emissions credits for taking environmentally sustainable action. The Commission will also implement the National Subsystemof Information on Energy Efficiency, to which governmental and private sector parties will be required to provide information on measures they havetaken to conserve energy, and the result of such measures, in conformity with the regulations of the new law. The Commission is charged withimplementing, updating and publishing a registry of users that have obtained certification as a responsible energy user, whether at the individual orinstitutional level. Regulations to the law will include parameters and standards to be considered by energy experts and auditors who will be responsiblefor granting such certifications.
