It is a fundamental tenant of financial planning that you need to hedge against risk. Investors are always cautioned to diversify their portfolios (i.e. have a mix of stock, bonds and cash). Further diversify by investing in both U.S. and foreign companies. As you age, become more conservative in your investing to hedge against risk.
What Can the U.S. Learn from the Paris Protests Over the Fuel Tax?
With headlines in the United States of intense wildfires out West and more frequent hurricanes hitting the Gulf and East Coasts, concern that the U.S. is already beginning to experience the impacts of climate change is growing. While most recognize climate change is occurring, the debate over how to effectively address climate change by reducing
EPA Proposes Replacement for Power Plant Climate Change Rule
In a much anticipated move, the Trump Administration has proposed the Affordable Clean Energy (ACE) rule as a replacement for the Obama Administration Clean Power Plan (CPP). While the CPP was controversial from the start for it broad regulation of the power industry, the ACE rule will be controversial as it signifies a 180 degree
Major Federal Court Decision Shows Climate Change Still In Play
The D.C. Circuit Court of appeals issued a major rebuke to those who believe climate change is no longer relevant in environmental reviews. In Sierra Club v. FERC, No. 16-1329 (D.C. Cir. Aug. 22, 2017), the Court agreed with environmental groups, including the Sierra Club, that the Federal Energy Regulatory Commission (FERC) failed to adequately analyze
Justice Scalia’s Passing Has Major Implications for the Clean Power Plan
With the surprising and sad news over the weekend of Justice Scalia’s passing, many critical decisions before the Supreme Court suddenly got more interesting. This is certainly the case with the Clean Power Plan.
Last Week, in the first time in history the Court issued a stay of the effectiveness of the rule while the
Supreme Court Deals Major Blow to EPA’s Ambitious Clean Power Plan
Yesterday, the Supreme Court issued a stay of the Obama Administration’s Clean Power Plan (CPP) after the lower Court had denied to grant such relief. Currently, the legal challenge to the validity of the rule is pending before the D.C. Circuit Court of Appeals. The Supreme Court had never previously issued a stay of a
WKSU Radio Interview Regarding Clean Power Plan
I was fortunate enough to be asked to participate in a radio interview with Jeff St. Clair, WKSU Radio, regarding the Clean Power Plan. It was an interesting discussion of the legal questions surrounding the plan as well as a broader discussion of the state of environmental regulation in the United States.
Here is an
Clean Power Plan- An Ambitious Plan with Serious Legal Issues
On August 3rd, the Obama Administration and U.S. EPA released the much-anticipated final Clean Power Plan designed to curtail greenhouse gas emissions to combat climate change. The regulations promise to be the most comprehensive, complex and costly regulatory program ever launched without specific authorization from Congress.
How the Plan Works
The final plan calls
Why the Latest Supreme Court Climate Change Ruling is a Big Deal
On Monday, the U.S. Supreme Court issued the next major climate change decision in Utility Air Regulatory Group v. EPA (UARG). In reading commentary across the web it appears most think the Court’s decision isn’t really a big deal. After all, the Court upheld EPA’s permitting authority to regulate greenhouse gases (GHGs) from stationary sources.
EPA’s Power Sector Carbon Pollution Standards
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On June 2, 2014, U.S. EPA released its Clean Power Plan Proposal to address carbon dioxide (CO2) emissions from existing power plants. EPA continues to move forward with climate change initiatives as gridlock in Congress persists over the issue. EPA’s strategy has been to target transportation and the power sector, the two largest sources