Stating that “oil and lithium belong to the nation”, President Andrés Manuel López Obrador issued a decree “to nationalize lithium so that it cannot be exploited by foreigners, neither by Russia, nor by China nor by the United States” Americas Program columnist Talli Nauman argues that betting on lithium ‘is a buy-in to a doomed U.S. climate policy of incentives for electric passenger vehicles that is a myopic approach to rescuing the planet and endangers Mexican environmental stability.’
