Emilia Sykes in Reuters

On Energy & Oil: Repeal bribe-based nuclear subsidies; keep solar subsidies

Summary: Ohio's Senate passed a House bill that would repeal nuclear subsidies for Energy Harbor Corp's Davis-Besse and Perry reactors. In 2019, the legislature passed HB6 to keep the money losing nuclear plants in service to preserve jobs, tax revenues and because the reactors generate energy without carbon dioxide emissions. But HB6, which would pay Energy Harbor about $1 billion over six years, became tainted after it was revealed that it passed through alleged acts of bribery. Legislative Summary: Passed Senate 33-0-0 on Mar/24/21; Passed House 89-0-10 on Mar/25/21; Minority Leader Emilia Sykes voted YES; Signed by Gov. DeWine on Mar/31/21.