FOR IMMEDIATE RELEASE
FRANKLIN COUNTY LIBERTARIAN PARTY OF OHIO
DATE: MAY 29, 2019
Ohio House Bill 6 will negatively impact Franklin County residents and businesses by raising electric bills and unjustly subsidizing corporations with taxpayer money. It is for these reasons that Franklin County Libertarian Party strongly urges the Ohio House and Senate to reject this legislation.
House Bill 6 intends to repeal Ohio’s current clean energy Renewable Portfolio Standards and create a new program; the Ohio Clean Air Program.
This bill will increase electric rates for consumers by $1.00 per month to supply The Clean Air Program’s fund. This “Clean Air Fund” would then use its revenue to subsidize two unprofitable nuclear power plants in Northeast Ohio.
House Bill 6 also intends to legislate permission for two coal plants, one in Southwest Ohio and one in Indiana, to charge Ohioans in their regions an additional $2.50 per month fee to ensure the plants’ profitability.
The Franklin County Libertarian Party stands for free market principles, and this bill is in direct contradiction to our beliefs. This bill artificially inflates electricity costs for consumers and businesses. This bill also artificially props up unprofitable energy producers who have spent years lobbying for government subsidization. Taxpayers should not be held responsible for poor business decisions that have led to these four power plant’s financial trouble.
We urge our members and partners in opposition to speak out against this harmful legislation, and we urge legislators to stand against cronyism and vote against House Bill 6 and it’s Senate companion.