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Corruption in utility bailouts hurts ratepayers and the planet

FEBRUARY 3, 2021 | by Colby Galliher | BROOKINGS

By Colby Galliher, includes “… Because many of those older power plants operate at a loss, utilities taking this position often turn to local and state governments for subsidies or bailouts. While bailouts are not necessarily problematic in and of themselves, in some cases a shadowy constellation of individuals, organizations, and companies are the driving forces behind them. … They then take advantage of lax disclosure laws to conceal their involvement or their connections to the policymakers pushing to grant the bailout with public funds. …” 

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