API’s Todd Snitchler Testifies in Ohio House of Representatives Against Nuclear Bailout
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COLUMBUS, April 23, 2019—The American Petroleum Institute’s Vice President of Market Development, Todd Snitchler, testified before the Ohio House of Representatives’ Energy and Natural Resources Subcommittee on Energy Generation today, voicing API Ohio’s opposition to the recently introduced nuclear bailout bill, House Bill 6.
“This taxpayer-funded bailout of failing nuclear power plants will do nothing but subsidize bankrupt corporations while manipulating the market to the disadvantage of all Ohioans. The disgracefully named “Ohio Clean Air Program” would actually negatively impact zero emission generation sources other than First Energy nuclear plants, and shows Ohioans just what this bill is all about – having Ohio consumers support uneconomic nuclear power plants with $170 million going to nuclear plants and a total cost of $300 million annually.”
API Ohio is a division of API, which represents all segments of America’s oil and natural gas industry. Its more than 600 members produce, process, and distribute most of the nation’s energy. The industry supports 10.3 million U.S. jobs and is backed by a growing grassroots movement of more than 47 million Americans. API was formed in 1919 as a standards-setting organization. In its first 100 years, API has developed more than 700 standards to enhance operational and environmental safety, efficiency and sustainability.