PNM Asks Court to Stay Costly EPA Rule

From wsj.com -PNM Resources Inc. (PNM) said it has asked a federal appeals court to suspend what it calls a stringent new environmental requirement that would cost it at least $750 million in new technology installations.  The New Mexico utility of the company, which operates utilities in both that state and in Texas, asked the court to stay the new Environmental Protection Agency requirement while the court decides whether to overturn it or not.  "This poses a financial risk that the plants owners and 2 million electric customers should not have to bear," More News New Mexico

PNM Asks Court to Stay Costly EPA Rule