Propping up nuclear industry: Ohio’s Public Utilities Commission may gouge public for $3 billion

Ohio’s Anti-Green Suicide EcoWatch  | January 20, 2015 Swing state Ohio is plunging ever deeper into the fossil/nuke abyss.

Its Public Utilities Commission may soon gouge the public for $3 billion(BILLION!) to subsidize two filthy 50-year-old coal burners and America’s most dangerous nuke.

Approval would seal Ohio’s death notice. None of those coal/nuke burners can compete with the rising revolution in renewable energy. Throughout the world, similar outmoded facilities are shutting down.

In 2001, Ohio deregulated its electric markets. But the state’s nuke owners demanded nearly $10 billion in “stranded cost” handouts so the obsolete Davis-Besse and Perry reactors on Lake Erie could allegedly compete with more efficient technologies.

Today, despite the huge subsidies, renewables and fracked gas have completely priced them out of the market. Davis-Besse—a Three Mile Island clone—is infamous worldwide for its horrific breakdowns, ……..

Davis-Besse is being run by owners who believe—with good reason—that they can get away with anything.

Perhaps that’s because, should it blow, FirstEnergy is shielded by federal law from virtually all liability for downwind financial, ecological and human health damage, which would be incalculable.

So now the company wants the public pay still more billions to keep Davis-Besse operating, no matter the consequences…….http://ecowatch.com/2015/01/20/ohios-anti-green-suicide/

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