API Ohio Disappointed in Ohio Lawmakers for Passage of Nuclear Bailout Laws
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COLUMBUS, July 23, 2019 – API Ohio released a statement today expressing their disappointment in Ohio lawmakers for passing the nuclear bailout bill.
“API is disappointed in the legislature for passing this corporate bailout for nuclear and coal-burning power plants, putting the financial burden on Ohio taxpayers and disadvantaging other electricity generation sources, particularly affordable natural gas—which has delivered both savings and cleaner air to Ohioans over the last decade,” said API Ohio Executive Director Chris Zeigler. “The unintended consequences of this bill will be felt in Ohio for years to come. LS Power has already said they will halt the development of a $500 million expansion of their natural gas power plant in Luckey, Ohio because of the subsidies, and there’s no telling how much additional investment our state will now miss out on because lawmakers decided to cater to corporations over constituents.”
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.