Trump’s Nuclear Bailout Won’t Happen: Get Out Of Nuclear Investments. The nuclear and coal industries are dying. Natural gas and the growing renewable industries are making nuclear energy economically inefficient and a money-losing proposition. Trump has ordered energy secretary Rick Perry to find a way to revive these industries citing “national security” and “resilience”. Despite many positives for these industries, some potential bailout plans negatively impact the free market; regulators have pushed back intensely, and it is unlikely anything significant will be done. Investing in uranium miners or nuclear power plants based off the possibility of a bailout would be a huge mistake.
Seeking Alpha 26th June 2018 read more »
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