Article 34H1B Trump’s plan to bail out failing fossil fuels with taxpayer subsidies is perverse | Dana Nuccitelli

Trump’s plan to bail out failing fossil fuels with taxpayer subsidies is perverse | Dana Nuccitelli

by
Dana Nuccitelli
from Environment | The Guardian on (#34H1B)

Coal can no longer compete in the free market, so the Trump administration wants to prop it up with taxpayer subsidies

The conservative philosophy of allowing an unregulated free market to operate unfettered often seems to fall by the wayside when the Republican Party's industry allies are failing to compete in the marketplace. Trump's Energy Secretary Rick Perry recently provided a stark example of this philosophical flexibility when he proposed to effectively pull the failing coal industry out of the marketplace and instead prop it up with taxpayer-funded subsidies.

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