This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

OG&E Requests New Regional Haze Hearing Before Full 10th Circuit

OKLAHOMA CITY, Sept. 3, 2013 /PRNewswire/ -- In a petition filed today at U.S. 10 th Circuit Court of Appeals, Oklahoma Gas and Electric today joined Oklahoma Attorney General Scott Pruitt in requesting a rehearing before the full 10-judge panel to determine if the Environmental Protection Agency (EPA) acted appropriately in rejecting the state's plan to address visibility at national parks and wildlife areas.  In July, a split, three-member panel ruled 2-1 that the EPA lawfully exercised its authority to impose a federally mandated plan on the state.  If upheld, the panel's ruling is expected to result in large rate increases for Oklahoma electric consumers.

"This is among the first decisions in the country to address EPA's review under the Clean Air Act's regional haze provisions," said OG&E spokesman Brian Alford.  "The majority opinion gives EPA the ability to replace the State of Oklahoma's decision with its own.  This is especially egregious considering the errors made by the EPA when it conducted its own analysis."

Alford added that the three-member panel opinion failed to require the EPA to show why the state's rule was unreasonable before the agency could reject the state's implementation plan.  In addition, OG&E believes that EPA's analysis were frequently based on assumptions unsupported by the record, contrary to basic engineering or economic realities, or based on materials or analysis that EPA did not provide to Oklahoma during the State's lengthy process for making its BART determination.

The company applauded Pruitt for his efforts to protect the State of Oklahoma's right to determine the best way to meet visibility requirements in protected areas.

"AG Pruitt has been very instrumental in leading the fight on behalf of Oklahoma's ratepayers," Alford said.  "He has made it clear in both his oral argument before the court and in court documents that the EPA has over-reached its authority and is forcing OG&E's customers to bear the burden of more than $1 billion in unnecessary bill increases."

In the past, the Governor's office, state Attorney General, Oklahoma Corporation Commissioners, Oklahoma Department of Environmental Quality and others voiced opposition to the EPA plan saying that the state developed a plan that would be more effective than costly pollution control technology, or scrubbers, and cost far less.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs