How should investors and permitting authorities analyze

Reference no: EM133408129

Case: A project to build a wind farm in the Delaware Bay is near completion after twenty years of planning. Suddenly, a previously undiscovered species of bat is found in the project vicinity. Environmentalists in the area urge that the project be halted and the species be listed under the Endangered Species Act. $500 million dollars has already been invested in the wind farm.

Questions:

How should investors and permitting authorities analyze this project?
Is the bat protected under the Endangered Species Act?
Are there other environmental laws that are applicable?

Reference no: EM133408129

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