Berliner Boersenzeitung - US Supreme Court to hear high-stakes environmental case

EUR -
AED 3.99352
AFN 76.892849
ALL 100.678478
AMD 421.527042
ANG 1.95871
AOA 948.774824
ARS 1009.08987
AUD 1.660687
AWG 1.957053
AZN 1.852644
BAM 1.95791
BBD 2.194364
BDT 127.69759
BGN 1.959086
BHD 0.409641
BIF 3130.973517
BMD 1.087251
BND 1.460474
BOB 7.510092
BRL 6.149608
BSD 1.086771
BTN 90.988637
BWP 14.725867
BYN 3.55673
BYR 21310.128938
BZD 2.19066
CAD 1.503615
CDF 3114.975873
CHF 0.960766
CLF 0.037328
CLP 1029.997244
CNY 7.883013
CNH 7.896898
COP 4385.08091
CRC 574.619133
CUC 1.087251
CUP 28.812164
CVE 110.376821
CZK 25.378194
DJF 193.52852
DKK 7.473811
DOP 64.329313
DZD 146.060375
EGP 52.475071
ERN 16.308772
ETB 62.830998
FJD 2.456047
FKP 0.837793
GBP 0.844927
GEL 2.939777
GGP 0.837793
GHS 16.844064
GIP 0.837793
GMD 73.661711
GNF 9366.091645
GTQ 8.422533
GYD 227.334946
HKD 8.487901
HNL 26.907992
HRK 7.510679
HTG 143.454567
HUF 391.666079
IDR 17726.71116
ILS 3.978069
IMP 0.837793
INR 91.051495
IQD 1423.773353
IRR 45778.723799
ISK 150.106358
JEP 0.837793
JMD 169.993162
JOD 0.77054
JPY 167.159521
KES 141.277875
KGS 91.373271
KHR 4457.803131
KMF 493.856845
KPW 978.526709
KRW 1505.702369
KWD 0.332536
KYD 0.905701
KZT 514.828916
LAK 24104.637033
LBP 97325.250091
LKR 329.313911
LRD 212.358809
LSL 19.840425
LTL 3.210371
LVL 0.657668
LYD 5.251658
MAD 10.704534
MDL 19.291318
MGA 4946.329502
MKD 61.688169
MMK 3531.350384
MNT 3751.01797
MOP 8.738957
MRU 43.048383
MUR 50.905526
MVR 16.689721
MWK 1884.530517
MXN 20.069797
MYR 5.063878
MZN 69.47536
NAD 19.840425
NGN 1735.25373
NIO 40.003102
NOK 11.940125
NPR 145.581859
NZD 1.846555
OMR 0.418421
PAB 1.086771
PEN 4.085001
PGK 4.263594
PHP 63.60534
PKR 302.482515
PLN 4.280174
PYG 8229.867402
QAR 3.964116
RON 4.978746
RSD 117.195274
RUB 93.474127
RWF 1429.039742
SAR 4.078958
SBD 9.215485
SCR 14.802649
SDG 637.129734
SEK 11.757868
SGD 1.459748
SHP 0.837793
SLE 24.840764
SLL 22799.123819
SOS 621.069181
SRD 31.531421
STD 22503.91041
SVC 9.509509
SYP 2731.752354
SZL 19.837374
THB 39.036295
TJS 11.520331
TMT 3.859743
TND 3.371616
TOP 2.593208
TRY 35.816895
TTD 7.377152
TWD 35.676024
TZS 2934.361675
UAH 44.619376
UGX 4053.367365
USD 1.087251
UYU 43.754327
UZS 13731.17375
VEF 3938625.59155
VES 39.750856
VND 27523.771126
VUV 129.080711
WST 3.048227
XAF 656.664534
XAG 0.038931
XAU 0.000455
XCD 2.938352
XDR 0.819683
XOF 656.664534
XPF 119.331742
YER 272.193802
ZAR 19.867459
ZMK 9786.571889
ZMW 28.392592
ZWL 350.094532
  • RBGPF

    58.8600

    58.86

    +100%

  • SCS

    0.2000

    14.03

    +1.43%

  • NGG

    0.9700

    63.62

    +1.52%

  • RELX

    0.5400

    46.54

    +1.16%

  • CMSC

    0.1050

    24.19

    +0.43%

  • BTI

    0.4300

    35.16

    +1.22%

  • BP

    0.0700

    35.25

    +0.2%

  • RIO

    0.7300

    65.06

    +1.12%

  • CMSD

    0.1550

    24.405

    +0.64%

  • RYCEF

    0.1100

    5.68

    +1.94%

  • GSK

    0.7900

    39.86

    +1.98%

  • BCC

    5.7500

    141.04

    +4.08%

  • VOD

    0.2000

    9.47

    +2.11%

  • BCE

    0.1900

    33.36

    +0.57%

  • JRI

    -0.1300

    12.41

    -1.05%

  • AZN

    -0.3900

    78.13

    -0.5%

US Supreme Court to hear high-stakes environmental case
US Supreme Court to hear high-stakes environmental case

US Supreme Court to hear high-stakes environmental case

The conservative-dominated US Supreme Court is to hear an environmental regulation case on Monday with potentially far-reaching implications for the Biden administration's fight against climate change.

Text size:

The high-stakes case concerns the authority of the Environmental Protection Agency (EPA) to regulate greenhouse gas emissions from coal-fired power plants, which produce nearly 20 percent of the electricity in the United States.

"This is the first major climate change case to be before the justices in 15 years and the court's membership has dramatically changed since then," said Richard Lazarus, a professor of environmental law at Harvard University.

In 2007, the Supreme Court, by a narrow majority, ruled that the EPA has the power to regulate carbon dioxide emissions from power plants under the Clean Air Act of 1970.

The nation's highest court has been radically transformed in recent years, however.

Former Republican president Donald Trump, a climate change skeptic hostile to government regulation of industry, nominated three justices to the nine-member court, giving conservatives a 6-3 majority.

"Because we have the most conservative Supreme Court that we've had in decades many of the people from the fossil fuel industry are asking the court to do all kinds of outrageous things to limit EPA authority," said Robert Percival, director of the Environmental Law Program at the University of Maryland.

In 2015, Democratic president Barack Obama unveiled his Clean Power Plan, which was intended to combat global warming by reducing carbon dioxide emissions from coal- and gas-burning plants and shifting energy production to clean sources such as solar and wind power.

The Clean Power Plan was blocked in the Supreme Court in 2016 and repealed by Trump, who replaced it with his own industry-friendly Affordable Clean Energy (ACE) rule.

The US Court of Appeals for the District of Columbia threw out Trump's ACE rule on the last day of his presidency, however, setting the stage for the case currently before the Supreme Court: West Virginia vs EPA.

- 'Christmas gift' -

West Virginia and several other coal-producing states asked the Supreme Court to intervene and define the powers of the EPA. By accepting the case, the court sent a signal to detractors of the agency and, more broadly, opponents of strong government regulatory authority.

"This was like a Christmas gift to regulated industries," Percival told AFP.

In its brief to the court, West Virginia accused the EPA of acting like "the country's central energy planning authority."

The EPA is "reshaping the power grids and seizing control over electricity production nationwide" without the express authorization of Congress, the state said.

No matter "how serious the problem," West Virginia said, a federal agency "may not exercise its authority in a manner that is inconsistent with the administrative structure that Congress enacted into law."

Harvard's Lazarus said there is "good reason for concern" that the court will rule against the EPA.

The court could find that Congress is "powerless to delegate an administrative agency the authority to issue regulations that address major public health and welfare issues such as climate change," he said.

"Or, that it can do so only with very precise statutory language enacted by Congress.

"In either event, given how partisan gridlock (is in Congress) such a ruling would seriously threaten the national government's ability to address some of the nation's most pressing problems including, but not limited to climate change."

- 'Free from oversight' -

Several environmental protection groups have submitted their own briefs to the court in support of the EPA.

"In the absence of sustained efforts to reduce greenhouse gas emissions," a group of climate scientists said, "the total increase in temperature could surpass 10 degrees (Fahrenheit) -- leading to physical and ecological impacts that would be irreversible for thousands of years, if ever."

"It is still possible to mitigate the human and economic costs of climate change," they said, "if greenhouse gas emissions from existing power plants and other sources can be reduced.

"But such mitigation will require significant coordination at the federal level."

A group of Democratic lawmakers, including Vermont Senator Bernie Sanders, submitted a brief urging the court to reject a case they said was being brought by those in favor of "an era free from oversight by the government."

"Metrics that boomed in the 20th century, from average lifespan to economic productivity, were made possible by a slew of new regulations aimed at protecting the public welfare," they said.

"As the excesses of powerful industries were reined in, however, these same regulations fostered resentment among those seeking to operate without such restraint.

"These cases are the direct product of that resentment."

(S.G.Stein--BBZ)