News

  • Poseidon Requests State Attorney General To Enforce Coastal Commission Regulations

    California Environmental Rights Foundation Violating Coastal Act Regulations
    San Diego – Poseidon Resources today announced they have petitioned the state Attorney General and the California Coastal Commission challenging the legal standing of the Coastal Environmental Rights Foundation (CERF), an opponent of seawater desalination that has twice initiated proceedings to revoke the Coastal Development Permit issued to the Carlsbad Desalination Project. Read more.

  • Poseidon Resources’ Carlsbad Desalination Project Reaches Financing Milestone

    San Diego - Poseidon Resources today announced the California Debt Limitation Allocation Committee (“CDLAC”) has voted unanimously (3-0) to allocate $530 million in Private Activity Bonds (“PABs”) to the Carlsbad Desalination Project. CDLAC administers and allocates the state’s annual allocation of federal tax-exempt PABs for the financing of certain private development projects that benefit the public. Read more.

  • LOCAL VIEW: Enough is enough with desalination lawsuits

    North County Times: By Ted Owen
    As 2009 ended, the latest attempt to derail the Carlsbad Desalination Plant was rejected by the Coastal Commission. The celebration was short-lived, as two fringe environmental groups, undaunted by yet another defeat, kept up their assault on the project by filing yet another request that the Commission revoke the permit granted to Poseidon Resources in 2007. Read more.

  • Surfrider Foundation Abandons Lawsuit Challenging Carlsbad Desalination Project

    San Diego, CA - Poseidon Resources today announced it has been notified by the Surfrider Foundation that the organization has abandoned its legal challenge to the State Lands Commission’s approval of the Carlsbad Desalination Project (Project). In August, the San Diego Superior Court issued a final ruling upholding the State Lands Commission’s 2008 approval of the Project. Read more.

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