Opinion for the Court filed by Circuit Judge WALD.
WALD, Circuit Judge:
Petitioners Swanson Mining Corporation and Walter M. Gleason seek review of a decision by the Federal Energy Regulatory Commission vacating an exemption from the licensing requirements imposed by Part I of the Federal Power Act, 16 U.S.C. §§ 791a-825r. The Commission vacated the exemption on the ground that it lacked authority to grant an exemption for a project located on a...
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