Lisa P. Jackson

Despite a growing renewable energy portfolio which currently generates 4,300 MW as well as a target to be the United States' leading provider of low-cost, clean energy by 2020, the Tennessee Valley Authority (NYSE: TVC) (TVA) is required to pay significant fines for its Clean Air Act violations.

As of January 2, 2011 big industries responsible for emitting large quantities of greenhouse gases (GHG) in the United States will have to obtain permits from the Environmental Protection Agency to build new facilities or modify existing facilities.

Although the Obama administration recently released details about its aggressive restoration plan for the Gulf Coast following the Deepwater Horizon oil spill, they also indicated they will not wait for Congress to implement the vital components of the plan.

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