Texas must show that the world can count on American energy in a crisis

Oct. 29, James Coleman, professor at SMU Dallas Dedman School of Law and faculty advisory board member of the Mission Foods Texas-Mexico Center along with co-author Guillermo J. Garcia Sanchez, for a commentary advocating that Texas and the U.S. be reliable energy providers to customers in Mexico, Asia and Europe. Published in the Houston Chronicle under the heading Texas must show that the world can count on American energy in a crisis: https://bit.ly/2ZrXATf

Texas is at the center of a global energy crisis that is causing leaders around the world to warn of looming energy shortages. Texas relies on renewable energy backed by natural gas to fuel its growing electricity use, and is seeing both the benefits and challenges of being at the forefront of the global transition to cleaner energy sources. Texas is also at the heart of the increasingly global gas market, and countries around the world are counting on the state’s booming gas exports to back their own move to renewable energy.

Consumers in Asia, Europe and particularly Mexico need Texas’ natural gas to get them through the coming winter. Texas must demonstrate that it is a reliable source of gas in this energy crisis. If Texas and the United States hoard energy, they will not just endanger the economic future of its oil and gas industry, but also the rest of the world’s clean energy transition.

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Mexico’s tax crackdown could harm Texans

Oct. 21, Dean Stansel, an economist at the O’Neil Center for Global Markets and Freedom at SMU Dallas, on how Mexico’s anti-grown policies could impact Texans. Published in the Dallas Morning News:  http://bit.ly/35RFTLF

The Texas and Mexico economies are inextricably linked. As my colleagues Michael Cox and Rick Alm found, Texas and Mexico trade more with each other than with any other country or state. So, when Mexico implements anti-growth policies, Texans should be concerned.

Facing a lagging economy, Mexico’s new populist President Andrés Manuel López Obrador unveiled a ten-point plan to reactivate growth and industrial output and “generate a climate friendly to business that inspires certainty.” His administration has also reassured investors that he is committed to “respect rights to property as inherent human rights.”

That all sounds good, but the Mexican people already suffer from one of the worst legal systems and one of the weakest protections of private property rights in the world. According to the 2019 Economic Freedom of the World Report, Mexico ranks 122nd out of 162 countries for its “legal system and property rights”. . .

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