Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, July 24, 2020

Bribery scandals taint efforts to save U.S. nuclear plants

Bribery scandals taint efforts to save U.S. nuclear plants: From Bloomberg: Back-to-back bribery scandals involving utility giants in Ohio and Illinois over the past five days have given a black eye to efforts to prop up struggling U.S. nuclear plants. On Tuesday, July 21, federal officials arrested the speaker of the Ohio House of Representatives on racketeering charges tied to a bailout of two nuclear plants owned by Energy Harbor Corp., a former FirstEnergy Corp. subsidiary. Four days earlier, Exelon Corp.'s Commonwealth Edison unit agreed to pay $200 million to resolve a lobbying probe in Illinois, where nuclear plants also receive aid.

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