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The Sierra Club wants to remind Ohio's electric customers how much money they're paying to collectively subsidize two unprofitable coal plants owned by a consortium of energy companies.
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Business & EconomyOhio’s electric customers were charged more than $100 million to subsidize two unprofitable coal plants in 2020.
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A group of activists say a provision in the nuclear power plant bailout they opposed, which extended subsidies for those coal plants to all Ohio electric ratepayers, gives them the power to stop certain fees.
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While attorneys are getting ready for the big nuclear bailout bribery case in federal court, provisions of the law at the center of the scandal dealing with coal plant subsides remain in place.
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The Public Utilities Commission of Ohio is seeking an independent company to conduct an audit of two coal plants owned by the Ohio Valley Electric Corporation, or OVEC. The plants receive hundreds of millions of dollars in subsidies from Ohio ratepayers.
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A bill to repeal Ohio’s nuclear bailout law has languished for more than a month so far, and signs suggest that House leadership may be angling to defer or stop such efforts as Election Day draws near.
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Opponents are outraged over changes made to the so-called “clean air” bill approved by a House committee. The legislation subsidizes nuclear and coal…