Eight States To Split $24M In AEP Pollution Deal

Law360, New York (April 9, 2008, 12:00 AM EDT) -- Eight states are set to divide $24 million for energy efficiency and pollution reduction projects as part of a landmark settlement reached last year with American Electric Power Corp. over allegations that it allowed smokestack pollution to drift across the Northeast.

After an eight-year legal battle, AEP, the nation's largest power company, agreed last October to pay the states over the next five years to settle charges brought by a coalition of states, environmental groups, and the federal government over Clean Air Act violations.

New York,...
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