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Bloomberg Law Reports Guest Article: Thoughts on the Validity of DOE Loan Guarantees
Herbert A. Glaser, Gilbert D. Porter
In November of last year, CAlifornians for Renewable Energy (CARE), a self-described "advocate for environmentally- and community-sensitive energy projects," filed a lawsuit in Washington, D.C. federal court against the U.S. Department of Energy (DOE).1 They allege that up to $13.76 billion in alternative energy loan guarantees issued under Section 1705 (the Section 1705 Guarantees) of the Energy Policy Act of 2005 (EPAct)2 were procedurally defective and should be declared invalid.
Excerpt from Bloomberg Law Reports, Feb. 21, 2012. To view the full article, click the PDF linked below.
PDF: Bloomberg Law Reports - Thoughts on the Validity of DOE Loan Guarantees