{"id":19057,"date":"2019-04-12T12:25:41","date_gmt":"2019-04-12T16:25:41","guid":{"rendered":"http:\/\/blogs.edf.org\/energyexchange\/?p=19057"},"modified":"2019-08-20T12:27:33","modified_gmt":"2019-08-20T16:27:33","slug":"nightmare-on-capitol-square-new-coal-and-nuclear-bailout-bill-is-a-huge-blow-to-ohios-clean-energy-economy","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/energyexchange\/2019\/04\/12\/nightmare-on-capitol-square-new-coal-and-nuclear-bailout-bill-is-a-huge-blow-to-ohios-clean-energy-economy\/","title":{"rendered":"Nightmare on Capitol Square: New coal and nuclear bailout bill is a huge blow to Ohio\u2019s clean energy economy"},"content":{"rendered":"<p><a href=\"https:\/\/blogs.edf.org\/energyexchange\/wp-content\/blogs.dir\/38\/files\/2019\/04\/OH.nightmare.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-19059\" src=\"https:\/\/blogs.edf.org\/energyexchange\/wp-content\/blogs.dir\/38\/files\/2019\/04\/OH.nightmare-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/blogs.edf.org\/energyexchange\/wp-content\/blogs.dir\/38\/files\/2019\/04\/OH.nightmare-300x200.jpg 300w, https:\/\/blogs.edf.org\/energyexchange\/wp-content\/blogs.dir\/38\/files\/2019\/04\/OH.nightmare-768x512.jpg 768w, https:\/\/blogs.edf.org\/energyexchange\/wp-content\/blogs.dir\/38\/files\/2019\/04\/OH.nightmare-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Ohio\u2019s electric industry is thriving and our energy supply is getting cleaner, with average power costs<a href=\"https:\/\/www.eia.gov\/electricity\/sales_revenue_price\/pdf\/table4.pdf\"> well below the national average<\/a>. This dreamy scenario is the envy of other states \u2013 but Ohio\u2019s legislators are plotting in the Capitol Square statehouse to turn this dream into a nightmare.<\/p>\n<p>This nightmare is a new bill that not only subsidizes uneconomic coal and nuclear plants, but also guts the renewable energy and energy efficiency standards that have <a href=\"https:\/\/cdn.americanprogress.org\/wp-content\/uploads\/2015\/03\/OhioEnergyBriefFinal.pdf\">led to<\/a> more than $1 billion in savings and thousands of new jobs for Ohioans. In an Orwellian twist, the legislators are trying to sneak this bailout through by calling it a \u201cclean air resource\u201d bill.<\/p>\n<p><!--more--><\/p>\n<p>The bill allows money-losing power plants to receive a bailout via customer-funded subsidies, for reducing Ohio\u2019s greenhouse gas emissions. Ohio\u2019s two uneconomic nuclear plants don\u2019t emit carbon, so they qualify. But surprise, surprise \u2013 all coal plants in Ohio also qualify because they made past improvements required under federal clean air law. Wind and solar plants are \u201cclean air resources\u201d so they are covered too, right? Not so fast \u2013 the legislators severely restrict wind and solar plants from the bill.<\/p>\n<span class='bctt-click-to-tweet'><span class='bctt-ctt-text'><a href='https:\/\/x.com\/intent\/tweet?url=https%3A%2F%2Fblogs.edf.org%2Fenergyexchange%2F2019%2F04%2F12%2Fnightmare-on-capitol-square-new-coal-and-nuclear-bailout-bill-is-a-huge-blow-to-ohios-clean-energy-economy%2F&#038;text=Nightmare%20on%20Capitol%20Square%3A%20New%20coal%20and%20nuclear%20bailout%20bill%20is%20a%20huge%20blow%20to%20Ohio%E2%80%99s%20clean%20energy%20economy&#038;via=EDFEnergyEx&#038;related=EDFEnergyEx' target='_blank'rel=\"noopener noreferrer\">Nightmare on Capitol Square: New coal and nuclear bailout bill is a huge blow to Ohio\u2019s clean energy economy <\/a><\/span><a href='https:\/\/x.com\/intent\/tweet?url=https%3A%2F%2Fblogs.edf.org%2Fenergyexchange%2F2019%2F04%2F12%2Fnightmare-on-capitol-square-new-coal-and-nuclear-bailout-bill-is-a-huge-blow-to-ohios-clean-energy-economy%2F&#038;text=Nightmare%20on%20Capitol%20Square%3A%20New%20coal%20and%20nuclear%20bailout%20bill%20is%20a%20huge%20blow%20to%20Ohio%E2%80%99s%20clean%20energy%20economy&#038;via=EDFEnergyEx&#038;related=EDFEnergyEx' target='_blank' class='bctt-ctt-btn'rel=\"noopener noreferrer\">Share on X<\/a><\/span>\n<p>The bailout is funded by all utility customers, even those who don\u2019t buy their electricity from the utility. Customers will no longer be required to pay for utility energy efficiency and renewable energy programs \u2013 Ohio\u2019s cost-effective and successful clean energy measures. Utilities\u2019 energy efficiency and renewable programs will now consist only of those customers who voluntarily opt to pay for them.<\/p>\n<p>The bill\u2019s sheer audacity is staggering:<\/p>\n<ul>\n<li><strong>The legislators are pulling a fast one:<\/strong> By calling this a \u201cclean air resource\u201d bill they want to trick Ohioans into thinking it promotes wind and solar plants \u2013 when in fact the opposite is true.<\/li>\n<li><strong>It only benefits a select few \u2013 mostly out-of-state \u2013 interests:<\/strong> The only winners are corporations who own Ohio\u2019s old coal plants and the hedge funds who will soon own FirstEnergy Solutions, operator of the state\u2019s two nuclear plants.<\/li>\n<li><strong>It up-ends Ohio\u2019s competitive market:<\/strong> Ohio\u2019s market has helped keep our electricity prices low.<\/li>\n<li><strong>It crushes the state\u2019s growing wind and solar industries:<\/strong> These clean energy industries have created <a href=\"https:\/\/www.cleanjobsohio.org\/wp-content\/uploads\/2014\/07\/FINAL.OhioJobsReport_15014.pdf\">thousands of new jobs<\/a> and <a href=\"https:\/\/www.vindy.com\/news\/2019\/mar\/13\/school-district-partners-with-solar-powe\/\">help fund<\/a> our schools.<\/li>\n<\/ul>\n<p>If legislators want to encourage clean power plants, they should use a market-based system with declining carbon limits. This would reward the most efficient companies for new emission reductions, rather than rewarding past investments at costly old plants.<\/p>\n<p>We can only hope that enough legislators come to their senses and defeat this nightmare bill. Wake us up from this bad dream!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ohio\u2019s electric industry is thriving and our energy supply is getting cleaner, with average power costs well below the national average. This dreamy scenario is the envy of other states \u2013 but Ohio\u2019s legislators are plotting in the Capitol Square statehouse to turn this dream into a nightmare. This nightmare is a new bill that &#8230;<\/p>\n","protected":false},"author":12461,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[42996,46898,28800],"tags":[],"coauthors":[],"class_list":["post-19057","post","type-post","status-publish","format-standard","hentry","category-smart-power","category-firstenergy","category-ohio"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nightmare on Capitol Square: New coal and nuclear bailout bill is a huge blow to Ohio\u2019s clean energy economy - Energy Exchange<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.edf.org\/energyexchange\/2019\/04\/12\/nightmare-on-capitol-square-new-coal-and-nuclear-bailout-bill-is-a-huge-blow-to-ohios-clean-energy-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nightmare on Capitol Square: New coal and nuclear bailout bill is a huge blow to Ohio\u2019s clean energy economy - Energy Exchange\" \/>\n<meta property=\"og:description\" content=\"Ohio\u2019s electric industry is thriving and our energy supply is getting cleaner, with average power costs well below the national average. 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