FirstEnergy’s Dangerous Push For An $8B Bailout: What You Need To Know
Breaking Energy 2018-05-18
Summary:
A mega utility from Ohio is appealing to the Trump administration for an unprecedented $8-billion, ratepayer-funded bailout, even pointing to a 1950s Korean War Act for relief. It’s FirstEnergy’s last-ditch appeal after losing previous efforts to prop up a fleet of failing coal and nuclear plants. The company’s Washington-based lobbyists have the ears of Energy