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This is driven by a combination of factors: low power prices due to the development of unconventional gas, the lack of incentives for low-carbon power and rising costs of nuclear power.
WSJ: The Experts: What's the Best Way Forward on Nuclear Power?
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In fact, one could reasonably argue that Hess is even understating the lack of incentives in the Pell program for controlling costs.
FORBES: Who Receives the Subsidy Really Does Matter
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Several major political issues are still looming over Wall Street: the lack of significant, sustainable job creation through incentives for starting or expanding small businesses, the housing inventory glut, overspending and the national debt, and the Dodd-Frank Bill (only 5% of which has been implemented to date).
FORBES: Is The Bull Market Topping?