Cost of Withdrawal from Paris Accords

Ohio’s electricity sources are diverse, as shown in the following table:

Sources of Ohio’s Electricity, 2016

Data from electric Power Monthly, Feb. 2017

Source

Percent
Coal 47
Natural Gas 20
Nuclear 11
Renewables 2
Imports from Other States 19

 

The difference from 2008 is that coal has lost ground to both natural gas and imports.

The distribution in the table appears to be ideal for supporters of withdrawal from the Paris Accords on climate change. However, it would be expensive to sustain. Specifically, additions to all residents’ bills would be about $11 per month minimum due to coal, and perhaps much higher. Also, Ohio residents in the First Energy area would have an added $5 monthly charge to support nuclear plants.

Note: Coal costs are from the LSC Fiscal Analysis of 132-SB155. Nuclear costs are from testimony on 132-HB178. Data in the Table is from Electric Power Monthly.

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