A group of Ohio economists believes government subsidies for coal power plants create distortions in the market, eliminates competition and does not produce positive results, according to a new survey from Scioto Analysis.
State leaders continue to pick apart House Bill 6, the scandal-ridden energy bill passed two years ago that produced billions of dollars for two state nuclear power plants but also included subsidies for coal plants and renewable energy producers. It also led to what federal prosecutors call the largest government corruption scandal in state history and the ouster of indicted former Speaker of the House Larry Householder. Read More
Last July, Neil Clark was arrested by FBI agents after a federal grand jury indicted him along with corporate entity Generation Now, then-Speaker of the Ohio House Larry Householder (R-Glenford), former Ohio Republican Party Chairman Matt Borges, and political operatives Juan Cespedes and Jeffrey Longstreth. Monday, Clark was found dead in Florida. Read More
A key strategist for the former Ohio speaker of the house pleaded guilty in federal court as part of what the U.S. government calls a racketeering conspiracy involving a billion-dollar nuclear bailout.
Jeffrey Longstreth, 44, was a longtime campaign and political strategist for State Rep. Larry Householder, R-Glenford, the former House speaker who faces bribery and racketeering charges. Juan Cespedes, 41 of Columbus, a lobbyist the U.S. attorney says was hired by an energy company to funnel money to Householder’s enterprise, also pleaded guilty. Read More