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In another major decision today affecting business, the Supreme Court rules 8-0 in favor of...

In another major decision today affecting business, the Supreme Court rules 8-0 in favor of power companies in a suit challenging whether states could make power plants cut CO2 emissions even if the EPA hasn’t yet decided on the issue. The suit named the five largest U.S. CO2 emitters: AEP +0.5%, DUK +0.3%, SO +0.3%, XEL +0.1%, and the Tennessee Valley Authority.
Comments (5)
  • Big companies 1
    American families 0
    20 Jun 2011, 02:28 PM Reply Like
  • The Supreme Court made the right move.
    20 Jun 2011, 02:35 PM Reply Like
  • So a State cannot regulate the activities of a corporation within the State? Wow. Simply WOW!
    20 Jun 2011, 02:44 PM Reply Like
  • Power distribution is interconnected across the country so legislation on a State by State basis is not practical.
    Those that really believe in the CO2/ global warming thesis would significantly increase costs for everyone in the US with no assurance that this is a correct thesis and with no chance of making a difference in any case.
    Wait and see is the correct policy on this one.
    20 Jun 2011, 03:14 PM Reply Like
  • This is about Power Generation, which is performed by plants located within the State, so should be under control of the State. And the legal question is not really about GLOBAL WARMING. It's about the power of a State to regulate business activities within the State. The GW stuff is just what triggered the test case.

     

    I'm still floored that a State cannot limit the pollution coming from a physical facility located in the State!!! I could care less about Global Warming (in this context, anyway).
    20 Jun 2011, 03:24 PM Reply Like
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