Bribery! Corruption! Renewable Energy! (Whelp, 2 Of 3 Ain’t Bad)
"According to the Nuclear Energy Institute, Ohio’s two nuclear power plants account for 87% of the state’s zero emission electricity.
That’s not exactly something to write home about. Considering that the cost of renewable energy is continuing to drop with no end in sight, this would be a bad time to double down on expensive nuclear energy.
Nevertheless, Ohio Citizen Action estimates that the HB6 nuclear bailout will sock ratepayers with $200 million in increased costs.
HB6 was signed into law last year, saddling Ohio ratepayers with two aging nuclear power plants and two old coal power plants, to boot.
'Governor Mike DeWine signed House Bill 6 (HB 6) into law on July 23, 2019, approving bailouts for the Davis-Besse and Perry nuclear plants, which are owned by FirstEnergy’s former subsidiary FirstEnergy Solutions (FES), and were previously scheduled to close in 2020 and 2021, respectively, after FES announced its bankruptcy,' explains Ohio Citizen Action. 'The final version of the bill extends the bailout to two old and dirty coal plants—Kyger Creek in southern Ohio and Clifty Creek in Indiana.'"
-- Tina Casey, CleanTechnica