The Billion Dollar Bailout

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Mark Kindt
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The Billion Dollar Bailout

Postby Mark Kindt » Fri Sep 20, 2019 2:59 pm

House Bill Six is the Billion Dollar Bailout for Nuclear and Coal

Ohio House Bill 6 passed by one vote and was signed by Governor Mike DeWine on the same day as its passage.

Both State Senator Antonio and State Represented Skindell voted against the billion dollar bailout bill.

Here is a quick discussion of HB6 and how the votes went.

https://www.ohiocitizen.org/how_did_you ... ote_on_hb6


Mark Kindt
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Re: The Billion Dollar Bailout

Postby Mark Kindt » Mon Sep 23, 2019 8:52 am

A Balanced Overview

This link is very informative:

https://www.energyandpolicy.org/ohioans ... -security/

Given the racist nature of the Ohioans for Energy Security "big-lie" media campaign, my comments will not be balanced, though they will be informative.

Ohioans for Energy Security are still bombarding Ohio citizens with their televised anti-Chinese campaign! By now, I'm sure that you have seen it.

Regardless of whether or not you support House Bill 6 or its repeal by citizen referendum, there is simply no excuse for the House Bill 6 advocates to run an overtly racist, anti-Asian, anti-Chinese media campaign.


Mark Kindt
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Re: The Billion Dollar Bailout

Postby Mark Kindt » Mon Oct 14, 2019 8:31 am

More on Coal and Nuclear Bailouts

https://www.motherjones.com/environment ... e-country/

Ohio gets ready for global warming by closing its nuclear power plants and promoting coal.


Mark Kindt
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Re: The Billion Dollar Bailout

Postby Mark Kindt » Mon Oct 14, 2019 9:22 am

Mark Kindt wrote:More on Coal and Nuclear Bailouts

https://www.motherjones.com/environment ... e-country/

Ohio gets ready for global warming by closing its nuclear power plants and promoting coal.


Quoting from the Mother Jones' article:

"Because of the law, Ohio is the first state to reverse its renewable energy standards and efficiency targets, all while funneling more money to coal—a move that has clean energy advocates fuming. Leah Stokes, an environmental political science professor at the University of California at Santa Barbara, called it the 'worst energy policy in the country.'"

We can thank both parties for this retrograde bill.

Trust me, there will be worse to come, if this is the public policy standard that we set for Ohio.


ryan costa
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Re: The Billion Dollar Bailout

Postby ryan costa » Mon Oct 14, 2019 10:27 am

There are already coal fired power plants.

While natural gas fired power plants are more efficient, the supply of natural gas is more unstable than coal and there are enormous infrastructure costs to transporting and storing natural gas.

The nuclear bailout team is marketing the failure to support the nuclear bailout as support for some Chinese plot. Therefore the nuclear bailout advocates are not rational or respectable.


"shall we have peace" - Henry Charles Carey
Mark Kindt
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Re: The Billion Dollar Bailout

Postby Mark Kindt » Mon Oct 14, 2019 10:51 am

Bankrupt Corporation Sets Course For Ohio's Energy Future

What is truly sick about this is that we have a bankrupt corporation (First Energy Solutions) essentially bribing the Ohio Legislature to achieve its own narrow self-interest while capsizing any rational plan that the State might put forth for an energy policy that considers the impacts of carbon-dioxide on our future or attempts to rationally reduce those impacts.

And then, outrageously, misuses all of its civic powers as a corporate citizen under Citizens United to impede the ordinary process of representative democracy, a citizen referendum.

Whether you agree with me about climate change / global warming, the effort to pass House Bill 6 and then impede a citizen referendum gives us a clear explanation of why and how we are going to "bake" in the future.

The unlimited spending powers unleashed by Citizens United will ensure the sabotage of most rational plans to mitigate excess carbon-dioxide in the atmosphere.

We can watch this in Ohio this year!


Mark Kindt
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Re: The Billion Dollar Bailout

Postby Mark Kindt » Mon Oct 14, 2019 11:07 am

How To Purchase Our Legislature

Common Cause shows how First Energy "bought" the Ohio legislature:

https://www.commoncause.org/ohio/page/c ... ty-policy/


Mark Kindt
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Re: The Billion Dollar Bailout

Postby Mark Kindt » Tue Oct 15, 2019 9:50 am

Crashing The System

As we watch the fear-mongering television commercials from First Energy's proxies, we can now pretty clearly see that any large institution, even bankrupt ones, have vastly more political power than any organized group of citizens -- even organized citizens with lawyers and donors helping them.

We can also see that large institutions, even highly regulated ones, like First Energy are prepared to crash the system when doing so satisfies the institution's economic and financial interests.


Mark Kindt
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Re: The Billion Dollar Bailout

Postby Mark Kindt » Tue Oct 22, 2019 2:47 pm

Mark Kindt wrote:Crashing The System

As we watch the fear-mongering television commercials from First Energy's proxies, we can now pretty clearly see that any large institution, even bankrupt ones, have vastly more political power than any organized group of citizens -- even organized citizens with lawyers and donors helping them.

We can also see that large institutions, even highly regulated ones, like First Energy are prepared to crash the system when doing so satisfies the institution's economic and financial interests.


Unfortunately, the Ohio AFL-CIO helped. Today, the PD reports that Generation Now, Ohioans for Energy Security and the Ohio AFL-CIO have spent about $16.5 million on the anti-referendum effort.

For all intents and purposes, I think we can safely say that the referendum effort has been successfully killed.

Absent a federal court order, the referendum will not be on the November 7th ballot.

So now, when I talk about First Energy's "proxies" I also have to include organized labor.

Here we witness Ohio in a race to the bottom when it comes to rational energy policy.


Stan Austin
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Re: The Billion Dollar Bailout

Postby Stan Austin » Tue Oct 22, 2019 2:52 pm

even though the Ohio AFL CIO is separate from the UAW-- it gives one pause to consider an "automatic support" for a strike


Mark Kindt
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Re: The Billion Dollar Bailout

Postby Mark Kindt » Tue Oct 22, 2019 3:07 pm

Just Adding Fuel To The Fire

Here we can see into our collective future.

Big Energy and Big Labor collaborate to extinguish the rights of citizen to promote ballot referendums to roll-back "the worst energy policy in the country."

Nice.

For clarification, "Generation Now" is another First Energy proxy that has hired "blockers" to follow petition-gathers to discourage citizens to sign the referendum petitions.

What is perhaps even more disturbing is that Ohio's worst energy policy in the country was a bipartisan "accomplishment".

Kill renewable energy, subsidize coal, and subsidize obsolete and bankrupt nuclear power plants!

Rate-payers, open you checkbooks.


Mark Kindt
Posts: 2640
Joined: Sat Dec 03, 2016 11:06 am

Re: The Billion Dollar Bailout

Postby Mark Kindt » Tue Oct 22, 2019 3:16 pm

This topic will slowly morph now that First Energy has succeeded in killing the citizen referendum against HB6.

Given the lack of leadership at the national level, it will be incumbent upon the States and groups of States to pursue policies that reduce carbon dioxide and methane emissions.

It would be a great disappointment to me to learn that elected Democrats in Ohio with the support of organized labor are in the same climate-denial mentality as the Republicans.

However, that seems to be the case.


Mark Kindt
Posts: 2640
Joined: Sat Dec 03, 2016 11:06 am

Re: The Billion Dollar Bailout

Postby Mark Kindt » Thu Mar 05, 2020 2:31 pm

Mark Kindt wrote:Just Adding Fuel To The Fire

Here we can see into our collective future.

Big Energy and Big Labor collaborate to extinguish the rights of citizen to promote ballot referendums to roll-back "the worst energy policy in the country."

Nice.

For clarification, "Generation Now" is another First Energy proxy that has hired "blockers" to follow petition-gathers to discourage citizens to sign the referendum petitions.

What is perhaps even more disturbing is that Ohio's worst energy policy in the country was a bipartisan "accomplishment".

Kill renewable energy, subsidize coal, and subsidize obsolete and bankrupt nuclear power plants!

Rate-payers, open you checkbooks.


Deep Journalism

Here is a link to some very fascinating and very detailed industry journalism on the Nuclear and Coal raid on Ohio's rate-payers.

Hold your nose!


https://energynews.us/2020/03/05/midwes ... ity%20Dive


Mark Kindt
Posts: 2640
Joined: Sat Dec 03, 2016 11:06 am

Re: The Billion Dollar Bailout

Postby Mark Kindt » Tue Jul 21, 2020 2:21 pm

Mark Kindt wrote:House Bill Six is the Billion Dollar Bailout for Nuclear and Coal

Ohio House Bill 6 passed by one vote and was signed by Governor Mike DeWine on the same day as its passage.

Both State Senator Antonio and State Represented Skindell voted against the billion dollar bailout bill.

Here is a quick discussion of HB6 and how the votes went.

https://www.ohiocitizen.org/how_did_you ... ote_on_hb6


Latest Development -- A Federal Prosecution

Related arrests made today.



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