Newsweek: The U.S. Supreme Court on Monday ruled 5-4 that when the Environmental Protection Agency (EPA) made its first-ever rule limiting toxic air pollution like mercury from power plants, it failed to adequately take into account the costs of reducing emissions early enough in the rule-making process.
Stock of Peabody Energy, a major coal company (and one of the many petitioners in the case), shot up Monday morning shortly after the ruling, and news articles said the court decision threw out and struck...