{"id":19132,"date":"2019-05-14T10:12:53","date_gmt":"2019-05-14T14:12:53","guid":{"rendered":"http:\/\/blogs.edf.org\/energyexchange\/?p=19132"},"modified":"2019-08-20T12:26:22","modified_gmt":"2019-08-20T16:26:22","slug":"opponents-of-firstenergy-bailout-outnumber-supporters-73-2-heres-what-theyre-saying","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/energyexchange\/2019\/05\/14\/opponents-of-firstenergy-bailout-outnumber-supporters-73-2-heres-what-theyre-saying\/","title":{"rendered":"Opponents of FirstEnergy bailout outnumber supporters 73-2. Here\u2019s what they\u2019re saying."},"content":{"rendered":"

\"\"<\/a>FirstEnergy\u2019s bailout bill (H.B. 6) \u2013 which would subsidize its uneconomic power plants and destroy state programs that encourage energy efficiency and clean energy \u2013 received a hearing in the Ohio House of Representatives last week. Two supporters testified (including FirstEnergy). Seventy three opponents testified.<\/p>\n

You can find full transcripts of the testimony here<\/a>.<\/p>\n

But if you don\u2019t want to wade through all of the testimony, we\u2019ve pulled some of the best comments from the diverse opponents consisting of conservatives, manufacturers and environmentalists.<\/p>\n

<\/p>\n

Not an infrastructure bill<\/strong><\/p>\n

\u201c(Despite the claims of some legislators), H.B. 6 is not an infrastructure bill, like the gas tax increase or the proposed Ohio water quality fund, as some have claimed. Those measures will raise revenue for new improvements to roads and water treatment plants. H.B. 6 raises revenue that will mostly go to old coal and nuclear plants for past spending.\u201d<\/em>
\n\u201cLet\u2019s suppose that lawmakers would give the new gas tax revenues to local governments and tell them they don\u2019t actually need to spend the money on new roads and bridges, because their past spending on roads and bridges improved the quality of our transportation system. Ohio taxpayers wouldn\u2019t be very happy about that. But this is exactly how H.B. 6 will work.\u201d<\/em>
\n\u201cSo don\u2019t be fooled \u2013 this is not an infrastructure bill that will lead to much new investment to improve air quality.\u201d<\/em><\/p>\n

– John Finnigan, Lead Counsel, Environmental Defense Fund<\/p>\nOpponents of FirstEnergy bailout outnumber supporters 73-2. Here\u2019s what they\u2019re saying. <\/a><\/span>Share on X<\/a><\/span>\n

Appears to be a bailout<\/strong><\/p>\n

\u201cIf it looks like a duck, waddles like a duck, and quacks like a duck, let\u2019s be honest and just call it a duck. And, we should also acknowledge, but not celebrate, the fact that we are close to starting our sixth year of duck hunting. August 2019 marks the sixth anniversary of a determined campaign by Ohio’s IOUs to subsidize their (or their affiliates\u2019) loss-making power plants. The bulk of House Bill 6 constitutes the third attempt by FirstEnergy to bail out its uncompetitive nuclear power plants, with similar levels of non-bypassable charges being demanded in each effort.\u201d<\/em>
\n\u201cIn my assessment, these non-bypassable charges are de facto taxes because the power of the state is required to extract payments from electricity users.\u201d<\/em><\/p>\n

– Ned Hill, Professor, Ohio State University<\/p>\n

Definitely a bailout \u2026 and corporate cronyism<\/strong><\/p>\n

\u201cRecognizing that the sponsors of the HB 6 vehemently deny that it is a \u201cbailout,\u201d with all due respect, they are wrong. We can use language like, \u2018incentives and economic development packages\u2019 if that\u2019s what we feel like we need to do to make ourselves feel better, but in the plain-spoken language most Ohioans prefer to use, H.B. 6 is corporate welfare, it is cronyism on full display; in other words, a bailout.\u201d<\/em>
\n\u201cEspecially in light of the incredible amounts of money First Energy and First Energy Solutions have spent on campaign contributions and lobbying efforts, everyday working Ohioans are astounded to see them make a glowing return on their investment. Their ROI, if H.B. 6 were passed, would be over 3,000%.\u201d<\/em><\/p>\n

– Micah Derry, State Director, Americans for Prosperity \u2013 Ohio<\/p>\n

Will cause higher energy costs\u2026<\/strong><\/p>\n

\u201cWe write to collectively express our strong opposition to the legislative provisions in HB 6 that would eliminate Ohio\u2019s energy efficiency standard and weaken the energy saving programs. Weakening the energy efficiency policies and programs will lead to higher energy costs for businesses and consumers, and will create prolonged market and regulatory uncertainty for businesses operating in Ohio. \u2026 The Ohio energy efficiency standards have been an effective economic engine and job creator. Over 81,000 workers are employed in the energy efficiency sector in Ohio.\u201d<\/em><\/p>\n

– Ameresco, Schneider Electric, United Technologies, and the National Association of Energy Service Companies (NAESCO)<\/p>\n

\u2026really higher costs<\/strong><\/p>\n

\u201cThe bill, as written, will cost manufacturers more money in the form of new riders above what we are paying today. The OMA is skeptical of the bill\u2019s intended environmental justification and we believe the bill will foster worse, not better, emissions reductions for Ohio.\u201d<\/em>
\n\u201cWorst of all, the bill distorts the function of the marketplace which is delivering cost savings and energy innovation to Ohio energy consumers. The OMA finds this bill, as written, to be a mandated, customer-financed bailout of uneconomical power plants in the form of \u2018Clean Air Credits\u2019 and direct subsidies. We note that this bill appears to allow fossil-fuel plants to apply for unspecified amounts of funds to subsidize investment in the plants.\u201d<\/em><\/p>\n

– Terri Sexton, Navistar and Ohio Manufacturers\u2019 Association<\/p>\n","protected":false},"excerpt":{"rendered":"

FirstEnergy\u2019s bailout bill (H.B. 6) \u2013 which would subsidize its uneconomic power plants and destroy state programs that encourage energy efficiency and clean energy \u2013 received a hearing in the Ohio House of Representatives last week. Two supporters testified (including FirstEnergy). Seventy three opponents testified. You can find full transcripts of the testimony here. But …<\/p>\n","protected":false},"author":39893,"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-19132","post","type-post","status-publish","format-standard","hentry","category-smart-power","category-firstenergy","category-ohio"],"acf":[],"yoast_head":"\nOpponents of FirstEnergy bailout outnumber supporters 73-2. 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