Mexico supports carbon pricing initiative

President Enrique Peña Nieto said that for the first time in 20 years, the world could achieve a universal and binding agreement to prevent global temperature from increasing more than two degrees.

"Mexico supports the initiative to put a price on carbon. The transition to a low-carbon economy is the responsibility of all governments, organizations, companies and civil society,” President Peña Nieto said at the 2015 Paris Climate Conference.

He explained to the participants of the Conference of Parties (COP21) that i

"Mexico believes that setting a price on carbon is an effective way of cutting emissions of greenhouse gases and promoting the use of cleaner fuels,” he added.