The state Supreme Court agrees to hear arguments from a group attempting to overturn the roughly $1 billion financial rescue of Ohio’s two nuclear power plants. Lawmakers in July approved the rescue by adding a new fee on every electricity bill in the state. The fees will generate $150 million a year, beginning in 2021, for FirstEnergy Solutions’ two nuclear plants near Toledo and Cleveland. Ohioans Against Corporate Bailouts argued in federal court earlier this year the state waited so long to authorize its proposed ballot initiative that it didn’t have enough time to collect the 265,000 signatures required.
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