House Bill Would Relax Pollution Regs In Energy Squeeze

Law360, New York (March 29, 2012, 6:07 PM EDT) -- A bipartisan group of House lawmakers on Wednesday introduced legislation aimed at eliminating conflicting regulations that can force energy companies to choose between complying with pollution controls and following federal orders to produce power to avert blackouts.

The bill — known as the Resolving Environmental and Grid Reliability Conflicts Act — targets the Department of Energy's ability to require electricity plants to continue operating in order to avert emergencies, including reliability-related emergencies.

Even when energy producers are operating under federal orders, they can be held liable...
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.