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New York Law Journal

A 'False and Fictional Narrative': Con Ed Handed Trial Loss in Bid for $1.3B Tax Refund

In lawsuits filed in 2013-16, Con Ed argued that its tax assessments on the facilities should be reduced by 35% to 45% because its income is limited via the New York Public Service Commission's regulation of utility rates.
3 minute read

Daily Report Online

Brunswick Sues Honeywell, Ga. Power Over Plant's Environmental Clean-up Costs

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

Texas Lawyer

Energy's 4th Quarter: Some Texas Dealmakers Still Bullish

Recently, due to poor historical returns and increasing ESG focus, fewer investors have been pursuing opportunities in oil and gas. At the same time, there has been more investor interest in other energy sectors including renewables, hydrogen, carbon capture, and other low carbon sources.
7 minute read

Daily Business Review

Florida Plans to Strengthen Electric System Get Go-Ahead

Florida utilities' long-term plans to try to bolster the electric system detail a wide range of projects, including increasing the number of underground power lines.
4 minute read

Law.com

State High Court: Solar Power Facility Not Entitled to Solar Tax Exemption When Providing Output to Municipal Properties

"This argument has some force, but the Supreme Judicial Court has long held that, despite the absence of an express exemption, municipal property 'is not subject to taxation so long as it is actually devoted to a public use,'" wrote Associate Justice Gabrielle R. Wolohojian.
4 minute read

Daily Report Online

Georgia Power Settles With 1 Co-Owner in Vogtle Dispute

At issue are billions in cost overruns for a third and fourth nuclear reactor being built at Plant Vogtle, southeast of Augusta. The new reactors were originally supposed to cost $14 billion, but costs have ballooned past $30 billion, according to Associated Press calculations.
3 minute read

Daily Business Review

Feds Vow Major Aid for Hurricane Ian Victims Amid Rescues

Days after Ian tore through central Florida, carving a deadly path of destruction into the Carolinas, water levels continued rising in some flooded areas, inundating homes and streets that were passable just a day or two earlier.
6 minute read

Daily Business Review

Storm-Battered Florida Businesses Face Arduous Rebuilding

Previous strong hurricanes have caused a temporary spike in unemployment in leisure and hospitality businesses and some real estate fields such as property management, followed by a surge in hiring by construction crews during the rebuilding phase.
3 minute read

Daily Business Review

People Trapped, 2.5M Without Power as Ian Drenches Florida

Hurricane Ian carved a path of destruction across Florida, trapping people in flooded homes, cutting off the only bridge to a barrier island, destroying…
8 minute read

Daily Business Review

Thousands Evacuated from Florida Health Facilities

Several large hospitals appeared Wednesday to be in areas that could get hit hard by the storm.
5 minute read

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