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Supreme Court rejects global warming lawsuit

By: Decomposed in ROUND | Recommend this post (1)
Mon, 20 Jun 11 8:24 PM | 54 view(s)
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Supreme Court rejects global warming lawsuit

By James Vicini

WASHINGTON | Mon Jun 20, 2011 11:42am EDT

WASHINGTON (Reuters) - The Supreme Court on Monday rejected a global warming lawsuit against five big power companies, its most important environmental ruling since 2007 and a victory for the utilities and the Obama administration.

The justices unanimously overturned a ruling by a U.S. appeals court that the lawsuit now involving six states can proceed in an effort to force the coal-burning plants to cut emissions of gases that contribute to climate change.

In a defeat for environmentalists, the Supreme Court agreed with the companies that regulating greenhouse gases should be left to the Environmental Protection Agency (EPA) under the clean air laws.

Full story: http://www.reuters.com/article/2011/06/20/us-usa-climate-lawsuit-idUSTRE75J3JR20110620

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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