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Power Companies Win U.S. High Court Clash Over Centuries-Old River Rights

February 22, 2012/

The U.S. Supreme Court sided with power and mining companies against states and environmentalists in a clash over the rights to rivers explored two centuries ago by Lewis and Clark.

The justices unanimously overturned a ruling that would have required a unit of PPL Corp. (PPK) to pay more than $50 million in rent to Montana for the use of riverbeds under ten of the energy company’s dams.

By Greg Stohr

Full Story: http://www.bloomberg.com/news/2012-02-22/power-companies-win-u-s-high-court-clash-over-centuries-old-river-rights.html

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