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Investor Presentaiton

32 a standard for emissions of air pollutants which reflects the degree of emission limitation achievable through the application of the best system of emission reduction which (taking into account the cost of achieving such reduction and any nonair quality health and environmental impact and energy requirements) the Administrator determines has been adequately demonstrated. Id. § 7411(a)(1). Sections 111(a)(1), (b), and (d) operate as a funnel that narrows from EPA's system-identifying role to the specific standard for a particular stationary source. EPA identifies a best system that is adequately demonstrated and accounts for the three enumerated factors. That system is used to determine an achievable degree of emission limitation. The States or EPA then set standards of performance reflecting that limitation for individual sources to meet. The D.C. Circuit went off course treating these interlocking provisions as discrete objects. It focused on select, isolated terms ("system" and "for") and used dictionaries that supported their most expansive meanings. It broadened its interpretation further by emphasizing the statute's use of a nominalization instead of a verb ("application” versus “apply") and lack of an express indirect object. Then it refused to test whether its capacious construction made sense by reading the "standard of performance" definition within the provisions where it is used. The result lets EPA pick effectively anything as a "system," then dictate rules through "application" of that system to anything else. JA.106-20.
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