Mexican President,Felipe Calderón,said last Friday that the country will
voluntarily cut its greenhouse gas emissions by about 8% by 2012.
million ton emission reduction per year will be achieved with more efficient
cars and energy production,as well as reducing gas leaks and flaring in the oil
State oil company,Pemex,is working to reduce flaring to 3
percent of gas production in 2009 and plans to spend $2.4 billion on cutting
emissions by 2012.