API Ohio Disappointed in House Vote Moving Proposed Nuclear Bailout Forward
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COLUMBUS, May 29, 2019—API Ohio released a statement reacting to today’s vote by the Ohio House of Representatives to approve House Bill 6 (HB 6).
“Ohio consumers will pay the price for today’s vote in the Ohio House. This vote essentially bails out the profitable Davis-Besse and Perry nuclear power plants owned by FirstEnergy Solutions, and subsidizes two coal plants - including one in Indiana. At the same time, this bill disadvantages natural gas and other power generators that have delivered savings and cleaner air to Ohio over the last decade. Ultimately, this legislation hurts the Ohio consumer,” said Chris Zeigler, executive director of API Ohio. “We urge the Senate to protect Ohio taxpayers and reject this legislative bailout.”
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.