NC Asks High Court To Review $1B TVA Emission Ruling

Law360, New York (February 15, 2011, 1:34 PM EST) -- North Carolina has asked the U.S. Supreme Court to review its loss in a case that nearly required the Tennessee Valley Authority to spend $1 billion to install emissions controls at four coal-fired power plants in Alabama and Tennessee.

In its high court petition, filed Feb. 2 and made available Tuesday, North Carolina questioned whether the Clean Air Act preempts a public nuisance action against a stationary source of pollution when that action is based on the common law of the state where the source is...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.