Bribery and Bailouts: The Ohio Utility Scandal
Drilled
Pushkin Industries
4.6 • 2.4K Ratings
🗓️ 1 August 2020
⏱️ 21 minutes
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| 0:00.0 | Well, we are supposed to be on high A-dest to produce the next season, but stuff keeps happening |
| 0:18.3 | that I just can't leave alone. |
| 0:20.8 | I'm Tracy Townton. |
| 0:21.8 | We begin to enter the news in noon today with breaking news, the arrest of Ohio House |
| 0:26.4 | Speaker Larry Householder. |
| 0:28.3 | That news is sending shockwaves through the political world today. |
| 0:31.6 | Oh, how House Speaker Larry Householder says he will not resign on the same day of |
| 0:36.5 | his arrest on bribery charges. |
| 0:38.9 | Federal prosecutors say his arrest is just one piece of a complicated puzzle. |
| 0:43.3 | Today, to announce the arrest of Larry Householder, the Speaker of the House, the State of Ohio, |
| 0:49.6 | and for other defendants for racketeering in relation to what is likely the largest |
| 0:57.8 | bribery money laundering scheme ever perpetrated against the people of the State of Ohio. |
| 1:14.3 | Last week, the FBI arrested Ohio Speaker of the House, Larry Householder. |
| 1:19.1 | He was the architect of a piece of legislation called HB6, which passed last year in July, |
| 1:25.4 | 2019. |
| 1:26.6 | That bill was widely recognized as a terrible piece of energy policy. |
| 1:31.2 | It essentially gutted Ohio's renewable and energy efficiency, laws, and incentives, and |
| 1:37.1 | bailed out several coal and nuclear companies. |
| 1:40.4 | Today, we have on UC Santa Barbara political science professor, Leah Stokes, who wrote about |
| 1:45.8 | this law in her book on corrupt utilities called short circuiting policy. |
| 1:51.7 | Stokes wrote that this law in Ohio was a multi-billion dollar gift to first energy, a private |
| 1:57.1 | electric utility that has resisted climate policy for decades. |
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