Trump administration has proposed providing subsidies for coal and nuclear plants. Coal and nuclear plants are suffering losses and ready for premature retirements. Trump administration has extended arguments that these industries of plants are backbone of energy mix in USA. Closing of these plants would make energy security highly vulnerable. Thus, government must roll out bailout package.
But these arguments by government are not most convincing. it will waste taxpayer money and high cost might result in economy. Further, Coal and nuclear plants must be replaced by solar and clean energy. Coal and nuclear plants have devastating implications for environmental facilities. Thus, Critiques argue that these plants should not be funded by government since these plants are losing their relevance, instead government must make investment in clean energies.
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