'Frightening': US Supreme Court deals major blow to federal climate action

6-3 vote

Michael Holder
clock • 4 min read

Conservative majority on the Court has struck down the Environmental Protection Agency’s authority to regulate CO2 from US power plants under Clean Air Act.

The US Supreme Court has ruled the federal government and its agencies do not have the authority to regulate carbon emissions from power plants under the Clean Air Act, in a landmark opinion that experts warn could have major ramifications for government-led climate action. In a 6-3 ruling, the constitutional court's conservative majority sided with fossil fuel firms and the Republican-leaning state of West Virginia in a case seen as one of the most consequential for US climate policy in decades. The case concerned the President Obama-era Clean Power Plan, which would have instructed ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

Circe Invest's Fiona Frick: Investing in a world on edge
ESG

Circe Invest's Fiona Frick: Investing in a world on edge

Investors forced to reassess exposures

Fiona Frick
clock 11 April 2025 • 5 min read
Government offers UK carmakers more wriggle-room to meet EV goals
ESG

Government offers UK carmakers more wriggle-room to meet EV goals

Zero Emission Vehicle (ZEV) Mandate

Michael Holder
clock 07 April 2025 • 9 min read
Funds ditch Tesla amid increasing concerns about Musk's politicisation
ESG

Funds ditch Tesla amid increasing concerns about Musk's politicisation

Declining share price

Linus Uhlig
clock 31 March 2025 • 5 min read
Trustpilot