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Stock impact report

New York District Court Dismisses Lawsuit Challenging Zero Emissions Credit Program

Exelon Corporation (EXC) 
Last exelon corporation earnings: 2/11 06:50 am Check Earnings Report
US:NYSE Investor Relations: exeloncorp.com/investor-relations
Company Research Source: Business Wire
Ruling follows an Illinois District Court decision striking down a similar lawsuit challenging the Zero Emissions Credit program contained in Illinois’ Future Energy Jobs Act CHICAGO--(BUSINESS WIRE)-- The U.S. District Court for the Southern District of New York today dismissed a lawsuit challenging the Zero Emissions Credit (ZEC) program contained in New York’s Clean Energy Standard. Exelon Corporation (NYSE: EXC) issued the following statement on the decision: “The court’s decision to dismiss the lawsuit regarding the Zero Emission Credit segment of New York’s Clean Energy Standard (CES) is good news for New York’s climate efforts and citizens across the state because it preserves the most cost-effective source of carbon abatement available to consumers. The CES employs the same legal policy mechanisms that states have been using for years to support investment in other sources of clean energy Show less Read more
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