FirstEnergy Corp. estimates capital expenditures for environmental compliance of about US$808 million for the period 2009-2013.
Various federal, state and local authorities regulate the Company with regard to air and water quality and other environmental matters.
The Company accrues environmental liabilities when…
Sunoco, Inc.’s motion for leave to appeal a decision in a case concerning contamination at a service station in Inwood, N.Y., was filed in March 2009 to the New York Court of Appeals.
In November 2006, a jury entered a verdict…
Sunoco, Inc., as of March 31, 2009, had been named as a potentially responsible party (PRP) at 41 sites identified or potentially identifiable as “Superfund” sites under federal and state law.
The accrued liability for hazardous waste sites is attributable to…
Sunoco, Inc., along with other refiners, manufacturers and sellers
of gasoline is a defendant in 25 lawsuits in four states and the
Commonwealth of Puerto Rico, which allege methyl tertiary butyl
ether (MTBE) contamination in groundwater.
Plaintiffs, who include water purveyors and municipalities
responsible for…
FirstEnergy Corporation says that capital expenditures necessary to complete requirements of the Sammis NSR Litigation consent decree, including repowering Burger Units 4 and 5 for biomass fuel consumption, are currently estimated to be US$706 million for 2009-2012 (with US$414 million…
Dynegy Inc. says that, on April 1, 2009, the Supreme Court of California ruled that the U.S. Environmental Protection Agency permissibly relied on cost-benefit analysis in setting the national best technology available (BTA) performance standard and in providing for cost-benefit…
Sunoco, Inc.’s total accrued liability for environmental remediation was US$121 million at March 31, 2009 and US$123 million at Dec. 31, 2008.
At March 31, 2009, the aggregate of the estimated maximum additional reasonably possible losses, which relate to numerous individual…
Precision Castparts Corp.’s subsidiary, Special Metals Corporation, on April 13, 2009, agreed to pay US$110,024 to the West Virginia Department of Environmental Protection in settlement of an environmental lawsuit filed in the Circuit Court of Cabell County.
In the suit filed…