From Reason:

The situation at Brayton Point is emblematic of bigger problems with climate change policy at the federal level, says Philip Rossetti, a senior fellow for energy policy at the R Street Institute, a free market think tank based in Washington, D.C.

“A politician will get wowed by some technology and think that if only there’s a mandate or a tax credit in place then it will be successful in the market,” he tells Reason. “At the end of the day, though, all producers in the energy sector are subject to market forces, and it is the market conditions that will broadly determine what technologies will be deployed and which will fail.”