NEW YORK ANNOUNCES MAJOR IN-STATE NEW SOURCE REVIEW SETTLEMENT

New York announced two landmark settlements over new source review (NSR) permit violations with in-state utilities under which the companies agreed to historic pollution cuts. In addition to the emissions reductions, the settlement is significant because it stems from the first NSR suit filed by a state against companies operating inside its borders, and comes as settlement talks between the federal government and other utilities have long been at a standstill. New York Gov. George Pataki (R) and Attorney General...