Investor Presentaiton slide image

Investor Presentaiton

11 long as EPA satisfies the minimal directive to "take account" of cost, nonair health and environmental impacts, and energy requirements. JA.108. It rejected EPA's view that the statute includes more substantive constraints, JA.106-08, and all but instructed the agency to wield the full swath of powers it concluded Congress had bestowed, JA.137. The majority further concluded that Section 111 does not offend what it labeled the "so-called 'major questions doctrine." JA.135. Applying a self-created standard, the majority asked only whether "it [was] implausible in light of the statute and subject matter in question that Congress authorized such unusual agency action." JA.135-36. It concluded it was not, emphasizing that Congress gave EPA power to regulate generally power plants' greenhouse gas emissions. JA.188-93. Similarly, the court rejected the idea that federalism concerns triggered a separate clear-statement requirement. Many States argued that the CPP infringed their primary authority over electricity generation and intrastate energy needs. The majority, however, declared that "[i]nterstate air pollution is not an area of traditional state regulation." JA.154-61. So long as EPA exercises its power in the name of pollution mitigation, the majority saw nothing wrong with mandating measures with serious, direct consequences for States' electricity- generation fleets. JA.154-61. 7. Concurring in part and dissenting in part, Judge Walker would have held that EPA "was required to repeal [the CPP] and wrong to replace it" under Section 111. JA.217. Although he based that conclusion on a separate
View entire presentation