AEP agrees to $4.6 billion settlement on pollution claims

10/10/2007 | Sun Herald (Biloxi-Gulfport, Miss.), The

American Electric Power settled its case with the Environmental Protection Agency, agreeing to pay $4.6 billion and ending an eight-year battle over acid rain. Officials said the settlement, which requires AEP to upgrade its plants to comply with clean air standards, will reduce pollution by 1.6 billion pounds each year through 2018, and save $32 billion in annual health costs to treat lung and respiratory problems.

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Sun Herald (Biloxi-Gulfport, Miss.), The

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