Fortnightly Magazine - April 15 2003

PUHCA Companies: Caught By Superfund

An analysis of holding company liability under federal Superfund and parallel state laws.


An analysis of holding company liability under federal Superfund and parallel state laws.

Environmental cleanup to meet federal and state requirements carries substantial costs that tend to rest disproportionately on public utilities. Looking back at their corporate history, a few utilities have discovered some unique tools to reduce this economic burden.

Frontlines

Merchant plants snub the market, using native load to create their own private rate base.

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