Ohio House Approves Energy Bailout Bill
The Ohio House has passed a sweeping energy bill that would bail out the state’s two nuclear power plants and wipe out green energy standards. As Statehouse correspondent Andy Chow reports, the debate covered a wide span of issues from both sides of the aisle.
Democrats against the bill said scrapping renewable energy and energy efficiency standards is a problem in fighting climate change.
Republicans against the bill argued that it picked winners and losers in the energy market.
But as Speaker Larry Householder argues, there is no free market approach to energy.
“How can you say that when you put subsidies in wind and you put subsidies on solar, you subsidize everything accept certain segments of the marketplace, that that’s a free market?”
Supporters say this will save jobs and money on electric bills.
The bill won by 10 votes, with the support of 10 Democrats.