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Court raises bar for securities class action cases

2014-06-23 17:48:26| Energy - Topix.net

But the unanimous ruling was only a modest step. It stopped short of tossing out a quarter-century-old legal theory that might have ended securities class action lawsuits altogether.

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US supreme court limits some of Obama's greenhouse gas regulations

2014-06-23 17:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The US supreme court on Monday issued a mixed ruling on a challenge to part of President Obama's greenhouse gas regulations by exempting a small proportion of facilities from a federal air pollution program while allowing most major pollution sources, including power plants and refineries, to be included. The court was divided in several different ways in what was a relatively narrow case concerning a challenge by industry groups and Republican-leaning states to one aspect of a suite of rules...

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On EPA power to limit greenhouse gases, a Supreme Court compromise

2014-06-23 17:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: In a case with major environmental and economic implications, the US Supreme Court ruled on Monday that the Environmental Protection Agency exceeded its authority when it sought to substantially expand its ability to control emissions of greenhouse gases across America. In a 5-to-4 decision, the high court moved to sharply restrict the EPAs broad conception of its own power to address the environmental threat of global warming. Were we to recognize the authority claimed by EPA , we would...

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Supreme Court Justices Limit Existing EPA Global Warming Rules

2014-06-23 16:50:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The Supreme Court on Monday placed limits on the sole Obama administration program already in place to deal with power plant and factory emissions of gases blamed for global warming. The justices said that the Environmental Protection Agency lacks authority in some cases to force companies to evaluate ways to reduce carbon dioxide emissions. This rule applies when a company needs a permit to expand facilities or build new ones that would increase overall pollution. Carbon dioxide is the chief...

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US Supreme Court cuts back climate change regulation

2014-06-23 16:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The U.S. Supreme Court on Monday trimmed the Obama administrations power to curb greenhouse gases under a long-running air pollution program in a decision that means most major facilities, including power plants and refineries, will continue to be regulated. On a 7-2 vote, the court rejected an industry-backed argument that most emitting facilities should not be regulated for greenhouse gases under one particular air pollution program of the U.S. Environmental Protection Agency (EPA). But...

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