Currently in the Ohio statehouse legislators are preparing a bill that would raise electric bills to rescue nuclear power plants. The highly controversial bill is an attempt to essentially bail out the Davis-Bessie nuclear plant just east of Toledo and the Perry plant northeast of Cleveland. If the bill is passed, a large amount of the revenue created would go to subsidize the plants through Ohio's newly created "Ohio Clean Air Program". Supporters of the legislation say, "they [subsidies] are needed because nuclear plants can’t generate power as cheaply as power plants that run on cheap natural gas. They argue that it’s worth keeping the plants going because they’re reliable sources of power and don’t generate a lot of carbon emissions." Opponents including consumer and business groups say, "that the state shouldn't force Ohioans to pay higher electric bill to bail out a utility company." What do you think about this government involvement which may protect a less efficient firm under the argument that it will help clean Ohio's air?
https://www.cleveland.com/politics/2019/04/tim-ryan-tells-mahoning-valley-crowd-he-is-running-for-president-to-bring-this-country-back-together.html
3 comments:
I would have to agree with both parties. I think it is really important that nuclear plants remain running. I think we as people need to start taking care of the earth in all regards. I'm glad someone is finally trying to make a change. On the other hand I don't think its right for our electric bills to increase to bail out the utility company. I believe they should try to fund this law through a different source. At the end of the day you aren't able to please everyone.
I think that the state of Ohio needs to get on the same page and stick to one plan. There is an increased desire throughout the world to find alternative energies to replace the previous ones and nuclear could be a good idea. However if it is too costly then the plants need to find a way to become more efficient. Although there is going to be an increase in utilities the state will continue to regulate the price ensuring that it does not get too high. As a bill payer however I would be mad that I had to pay more to bailout a company for failing to be successful because it doesn't seem like it is my job to do so.
I think its is good thing that they want to rescue the nuclear plants. As of today nuclear power is the only real option we have to replace coal of natural gas on a large scale to combat climate change. I also think that increasing the price of electricity will cause people to use less reducing the negative externalities of electricity production.
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