Mexico passes climate change law
Mexico is the second country in the world to have to have instituted legally binding targets on GHG emission reductions. The law mandates a reduction in CO2 emissions by 30% below business-as-usual levels by 2020, and by 50% below 2000 levels by 2050 (note that this is a relative target – the UK’s target is an absolute one)
It also stipulates that 35% of the country's electricity should come from renewable sources by 2024, and requires mandatory emissions reporting by the country's largest polluters. In addition, the act establishes a commission to oversee implementation, and encourages the development of a carbon-trading scheme. Mexico ranks 11th in the world for both the size of its economy and its level of carbon emissions.
For more information see here.
Latin America and the Caribbean occupies the central and southern portion of the Americas. The region is home to the world’s largest river (the Amazon River), the largest rainforest (the Amazon Rainforest), and the longest mountain range (the Andes). Export-oriented agriculture constitutes an important part of the economy, especially in Brazil and Argentina. This large continent has a range of climates spanning the ice of Patagonia, the tropical forests of much of the continent, and more temperate regions in, for example, Mexico and Chile. Due to the greatly differing geography and economic development in the continent, all types of agriculture can be found in Latin America. Subsistence farming and cash cropping with coffee, cocoa and so on are common in many nations including most of central America, whereas large-scale beef production in the cerrado of Brazil provides an example of hyper-large farms run by large businesses.
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