coal bailout

a photo of Davis Besse power plant
TWITTER

A group can now begin collecting campaign funds for a possible referendum on the state’s new energy law. The political action committee is looking at possibly fighting the law that subsidizes two nuclear plants to the tune of $150 million a year.

The group Ohioans Against Corporate Bailouts is leading the charge for a possible ballot issue to stop the new energy law, which creates subsidies for nuclear, coal and solar.

photo of perry nuclear power plant
DAN KONIK / STATEHOUSE NEWS BUREAU

Environmental advocates say the Senate’s new energy plan is taking Ohio in the wrong direction when it comes to emerging energy sources and innovations. That plan would likely bail out two nuclear power plants through new charges on electric bills.

The latest proposal would create a new 85-cent fee on monthly electric bills, with most of the money going to nuclear. It also subsidizes coal plants through a $1.50 fee.