In 2012, two of the most economically distressed regions in the United States were Eastern Kentucky and the San Joaquin Valley of Central California. Thousands of miles apart, the regions shared a key characteristic: economic dependence on the fossil fuel industry amid rapidly shifting energy markets.
The European Union has been integrating its national markets into one single market since the 1987 Single European Act, the first major revision to the 1957 Treaty of Rome, which established the European Economic Community and later the European Commission. Slowly but surely, the European Union also undertook liberalization of various sectors, introducing competition where there was a monopoly, starting with steel and coal.
The Issue: While nuclear power represents a key source of reliable, emissions-free, baseload power, contributes to a diverse energy portfolio, and represents a key area of technological leadership, the United States traditional international leadership role is being severely challenged, especially by China and Russia.
In late February, a bipartisan coalition of thirty-four student groups from around the country—twenty-three of which are College Republican chapters—launched Students for Carbon Dividends (S4CD). S4CD advocates for the Baker-Shultz carbon dividend, a policy proposal that would impose a carbon tax of $40 per ton, return those tax proceeds to Americans taxpayers, create border carbon adjustments for exports and imports, and circumscribe the Environmental Protection Agency (EPA)’s regulatory authority, including the repeal of the Clean Power Plan.
While strident, AMLO’s rhetoric has often been dismissed as campaign talk.