The owners indicated that the plants were no longer economical due to market conditions - the low price of natural gas, an insufficient electricity demand in the region, and the presence of renewable energy suppliers that are so subsidized and mandated they can bid in the negative numbers and still receive revenue for every kilowatt-hour generated.
How much research should be so subsidized?
So would subsidizing health insurance premiums for unemployed workers who had lost company-paid benefits -- another popular proposal among many mainstream economists and Senate Democrats.
Utilities and oil companies continue to build coal-fired power plants and refineries, and governments are spending another $600 billion or so directly subsidizing the consumption of fossil fuels.
If the banks were unwilling to extend credit to young students, the government should have done so itself, subsidizing the risk to make the loans affordable, and simultaneously insuring that any profit came back to taxpayers.
These regulations are why the insurance plans that people buy through the Affordable Care Act's exchanges can be so much more expensive than the plans many people bought before the law existed -- and why, under the Affordable Care Act, the government must spend so much subsidizing coverage for people who can't pay those higher premiums.
Rather, conservatives argued that the best way to solve the problem was to change the way we provide insurance, so that ordinary health care consumption isn't so heavily subsidized, and market forces have more room to work.
So they subsidize the actual investment.
So — we subsidize illegal immigration, we reward it by easy citizenship, either birthright or amnesty.
So Washington subsidizes the rest, currently to the tune of $254 million a year.
