Competitive Market, not Government Intervention: America’s power system will continue to rely on multiple fuels — including natural gas, nuclear, coal, hydro, wind and solar for decades
Spending millions bailing out coal and nuclear producers will send consumer bills soaring
WASHINGTON, D.C. — It may seem that Americans don’t agree on much these days, but just about everyone agrees that government intervention in electricity markets is a bad idea.
From The Wall Street Journal to the Los Angeles Times, electric grid operators to economic analysts, natural gas producers to renewable energy advocates, Democrats to Republicans — it’s hard to find anyone who supports bailing out unprofitable coal and nuclear plants at the expense of consumers.