Energy Co. Asks 9th Circ. To Back $1B Plant's Emissions Swap

Law360, Los Angeles (June 5, 2012, 9:16 PM EDT) -- Energy company CPV Sentinel LLC urged a Ninth Circuit panel Tuesday to uphold an Environmental Protection Agency decision approving a local air quality agency’s transfer of emissions credits to a new $1 billion power plant, saying approval is vital to meeting California’s energy needs.

"If you do not vacate the [EPA’s rulemaking], the outcome is certain: The project will continue as scheduled, it will come online as scheduled and it will be there when needed to meet the demand for electricity of the region to ensure...
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