July 12, 2022
Supreme Court Decision Casts Doubt on SEC’s Climate Proposal and Other Regulatory Initiatives
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Source: Harvard Law School Forum on Corporate Governance
On June 30, 2022, the U.S. Supreme Court decided West Virginia et al. v. Environmental Protection Agency, holding that the EPA lacks authority under Section 7411(d) of the Clean Air Act to limit greenhouse gas emissions from power plants through “generation shifting,” i.e., increasing the use of cleaner energy sources like wind and solar and reducing the use of dirtier sources like coal.