Project Finance

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Latest News in Project Finance

• July 20, 2018

  DC Circ. Finds EPA's Exceptional Events Rule Can Stand

  The D.C. Circuit on Friday upheld a U.S. Environmental Protection Agency rule for so-called “exceptional events,” like wildfires and volcanic eruptions, rejecting environmental advocates’ contention that the rule would let the agency write off human-caused pollution as natural activity.

• July 20, 2018

  NEPA-Deficient Uranium Mine License Wrongly Kept: DC Circ.

  The D.C. Circuit ruled Friday that the U.S. Nuclear Regulatory Commission wrongly allowed Powertech to keep a uranium mining license after failing to comply with the National Environmental Policy Act over objections from the Oglala Sioux Tribe, holding that such a decision “vitiates” the environmental law’s requirements.

• July 20, 2018

  House Panel Wants To Grill Puerto Rico Gov. On PREPA Crisis

  The U.S. House Committee on Natural Resources asked the governor of Puerto Rico on Thursday to send an administration official to speak at an upcoming panel hearing on mismanagement at the island's troubled electric utility, the Puerto Rico Electric Power Authority, amid mass turnover at the top.

• July 20, 2018

  Baltimore Sues Chevron, Others Over Climate Change

  The city of Baltimore on Friday added its name to a growing list of local governments that have filed suit against Chevron, BP and a slew of other energy companies accusing them of contributing to climate change that is causing sea level rise, extreme weather and other problems of concern to a city with 60 miles of waterfront.

• July 20, 2018

  Republican ESA Reform Proposals Face Uphill Battle

  Republicans in Congress and the Trump administration in recent weeks have turned their attention to weakening the Endangered Species Act, but experts say legislation amending the 45-year-old law has a low likelihood of success, and environmentalists are almost certain to challenge new agency rules in court.

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