OH Nuclear Bailout Corruption: Gas Sacrificed for Nuke Investors
FirstEnergy, now calling itself Energy Harbor, somehow got into the pockets (via campaign donations) of enough Ohio politicians (many of them Republican) to convince them to pass a horrible law last year--House Bill (HB) 6. HB 6 grants the company $1 billion in corporate welfare over seven years in a deal to prop up its two "unprofitable" nuclear power plants. Now that the first $150 million is about to flow, how will Energy Harbor use it? To pay its so-called high operating costs? No. Energy Harbor will funnel the money right into the pockets of big investors. It was all a scam.
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