A group can now begin collecting campaign funds for a possible referendum on the state’s new energy law. The political action committee is looking at possibly fighting the law that subsidizes two nuclear plants to the tune of $150 million a year.
The group Ohioans Against Corporate Bailouts is leading the charge for a possible ballot issue to stop the new energy law, which creates subsidies for nuclear, coal and solar.
It registered with the Secretary of State to become a political action committee the day the bill was signed into law.
The new energy law has garnered a variety of opponents. Environmental groups are against rolling back the green energy policies. Conservative groupssay bailing out the two nuclear plants goes against free market principles. And the oil and gas industry says this creates an unfair playing field.
To get on the 2020 ballot, the PAC would need to collect more than 265,000 signatures.
