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Do Ohio nuclear stations really need a bailout ? Where’s the evidence?

Where’s the proof that nuclear power plants need a bailout? This Week in the CLE,  By Laura Johnston, cleveland.com  28 Sept 20, CLEVELAND, Ohio — How do Ohioans know Energy Harbor’s nuclear power plants need a $1.3 billion bailout?  Cleveland.com
The company hasn’t said, and we’re talking about the lack of disclosure on This Week in the CLE…….

Here are the questions we’re answering today:

Has the owner of the two nuclear plants benefitting from a $1.3 billion bailout that was forged in corruption ever shown records to prove it actually needs the money? No. The owner of the Davis-Besse and Perry plants refuses to disclose whether they’re profitable  ……….https://www.cleveland.com/news/2020/09/wheres-the-proof-that-nuclear-power-plants-need-a-bailout-this-week-in-the-cle.
The owner of the nuclear plants getting our $1.3 billion bailout won’t show proof that it actually needs the money: The Wake Up podcast, Sep 28, 2020, By Staff, cleveland.com, CLEVELAND, Ohio — A bill to bail out Ohio’s two nuclear power plants has led to one of the state’s biggest scandals … and it’s unclear if the plants really needed the money.

That’s because the current owner of the two power plants, Energy Harbor, refuses to say if the plants are profitable. Cleveland.com editor Chris Quinn says many people are now wondering if the $1.3 billion bailout was even necessary.  ……https://www.cleveland.com/metro/2020/09/the-owner-of-the-nuclear-plants-getting-our-13-billion-bailout-wont-show-proof-that-it-actually-needs-the-money-the-wake-up-podcast.html

September 29, 2020 - Posted by | business and costs, politics, USA

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