Rochester Coalition: Largest Federal Loan in U.S. History Relying on Faulty Environmental Impact Statement
ROCHESTER, Minn. – The Federal Railroad Administration (FRA) erred in adopting the environmental impact statement (EIS) prepared by the Surface Transportation Board (STB) concerning the Dakota, Minnesota & Eastern Railroad’s (DM&E) coal train expansion proposal, the Rochester Coalition said in comments filed today. “The FRA is relying on a dated, insufficient EIS that the Department of Transportation’s General Counsel’s Office has indicated is problematic,” said Steve Ryan, of Manatt, Phelps & Phillips LLP and legal counsel for the Rochester Coalition. “When considering granting a $2.3 billion taxpayer-funded loan – the largest federal loan to a private company in U.S. history