Pat Hemlepp News
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Southern Co., Edison International and rival power companies won a legal fight with the Environmental Protection Agency, gaining more time and leeway to cut pollution from burning coal. The bigger challenges from cheap natural gas may make it a muted victory.
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A federal court threw out a U.S. Environmental Protection Agency rule aimed at cutting pollution from coal-fired power plants, dealing a blow to the Obama administration’s efforts to curb harmful emissions.
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Holly Schean didn’t know what was on the other side of the hill near her parents’ home in Kingston, Tennessee. At 1 a.m. on Dec. 22, 2008, she found out. The earth split and toxic coal ash surged across a finger of the Emory River.
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Holly Schean didn’t know what was on the other side of the hill near her parents’ home in Kingston, Tennessee. At 1 a.m. on Dec. 22, 2008, she found out. The earth split and toxic coal ash surged across a finger of the Emory River.
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Sixty-eight large U.S. corporations paid no state income tax in at least one of the past three years and 20 had an average tax rate of zero or less in that period, according to a report by the Institute on Taxation and Economic Policy.
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American Electric Power Co. may sell its Kentucky Power utility if state regulators don’t approve a customer rate increase to help pay for added environmental costs.
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President Barack Obama’s proposed carbon-dioxide rules for power plants effectively prohibit new coal power plants, buttressing a shift away from a power source that fueled the Industrial Revolution to cheap natural gas.
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Amaranth Advisors LLC, the hedge fund that lost $6.6 billion in September 2006, sued Paul Touradji and his employees, seeking at least $350 million for claims including breach of contract and misappropriation of trade secrets.
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The Environmental Protection Agency’s plan to cut interstate air pollution through a cap-and-trade system may face legal challenges.
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Energy Future Holdings Corp. units in Texas filed a lawsuit challenging Environmental Protection Agency rules aimed at curbing cross-state pollution, saying the measure would cost it $1.5 billion through 2020 and at least 500 jobs.
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