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Obama's Clean Power Plan blocked by Supreme Court

Feb. 09, 2016 6:43 PM ETIDU, XLU, XLE, IYE, OIH, VDE, VPU, PXJ, PUI, BGR, FIF, RSPG, RSPU, DUG, SDP, DIG, UPW, UTG, FXN, FXU, DDG, ERY, ERX, GUT, BUI, FENY, FUTYBy: Carl Surran, SA News Editor56 Comments
  • The U.S. Supreme Court blocks Pres. Obama's planned new federal regulation that would cut emissions from power plants, halting at least for now the administration's sweeping effort to combat climate change.
  • The justices heeded calls from utilities, coal miners and more than two dozen states to halt the EPA rule while court challenges go forward.
  • The delay will last at least until a D.C. appeals court rules on the plan, probably later this year after it hears arguments in June; meanwhile, the EPA will not be able to enforce a Sept. 6 deadline for states to either submit their emission reduction plans or request a two-year extension.
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