Nuclear Costs
Estimates for new reactor construction costs continue to sky-rocket. Conservative estimates range between $6 and $12 billion per reactor but Standard & Poor's predicts a continued rise. The nuclear power industry is lobbying for heavy federal subsidization including unlimited loan guarantees but the Congressional Budget Office predicts the risk of default will be well over 50 percent, leaving taxpayers to foot the bill. Beyond Nuclear opposes taxpayer and ratepayer subsidies for the nuclear energy industry.
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OHIO: Supporters of Ohio’s bailout for nuclear and coal plants begin circulating their own petitions to show public support for the measure, which opponents say is a ploy to confuse voters as they seek to hold a referendum on the law. (Cleveland Plain Dealer)
https://www.ohio.com/opinion/20190923/dark-money-campaigns-have-no-place-in-our-democracy
Re: shenanigans swirling in Ohio to block a ballot initiative challenging $1.1 billion in old coal and nuclear power plant bailouts -- themselves passed by the OH state legislature via the corrupting corporate influence of FirstEnergy, and other nuclear industry front groups, campaign contributions, lobbying, ad campaigns, etc.
Let there be light: Good-government advocates on Thursday called on state leaders to toughen Ohio’s campaign finance laws to counteract the proliferation of “dark money” campaign spending, cleveland.com’s Andrew Tobias reports. Leaders with the League of Women Voters of Ohio and Common Cause Ohio said they believe the campaign groups surrounding House Bill 6, the nuclear bailout law, would be better behaved if they were forced to disclose their donors.
As reported by the Cleveland Plain Dealer's "Rotunda Rumblings."
September 24, 2019