Market Place

Title Mexico gets miners' feedback on potential water bill
Source Other
Date 2017-03-09 PM 3:10:50 Hit 596
Wednesday, March 1, 2017

Members of Mexico's joint congressional commissions on potable water, sanitation, and water resources met with representatives from national mining chamber Camimex over a potential new water bill.
The chamber said that miners are committed to recycle water used in their operations, and to use treated water, according to a congressional release.
Some of the proposals the chamber presented include incentivizing the construction of more wastewater treatment plants, the award of wastewater titles to companies at no cost to reduce the use of fresh water in mining operations, as well as promoting the use of different types of water in the sector.
Camimex representatives also asked the legislators to provide more transparency in the paperwork and requirements of water use titles.
One industry concern has to do with the proposal to reduce the terms of water concessions in federal areas from 20 years to one. According to Camimex, this proposal would only create uncertainty given that the amount of paperwork that companies would have to file every six months to extend the concessions would impact operations.
As a result of the sector's concerns regarding tax breaks to reward sustainable water practices, the legislative commissions said the finance ministry might be brought into the process to include these incentives in a future water bill.
"We want the new general water law to really fulfill the needs of the private sector and the population," said lawmaker José Antonio Arévalo, chair of the water resources commission.
The Mexican government has been pushing over its last few administration for a new general water law to replace the current one dating from 1992.
In 2015, a water bill also known as Korenfeld law, which was met with widespread opposition due to claims that it attempted to privatize water and promote its use in fracking to extract shale gas. It failed
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