The EPA is expected to repeal the 2009 “endangerment finding,” the scientific determination that greenhouse gases threaten public health, this week. (WSJ)
Alongside the repeal, President Trump is expected to sign an executive order directing the Department of Defense to buy electricity from coal-fired plants and award funding to upgrade aging facilities in coal-heavy states like West Virginia and Kentucky.
Between the lines: While EPA Administrator Lee Zeldin touts the move as “the largest act of deregulation in the history of the US,” it 1) creates a ton of uncertainty for global industry and 2) could trigger a legal battle with states like California that may now enforce their own stricter standards.