U.S. CHAMBER OF COMMERCE

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News & Media

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By: Stephen D. Eule

China yesterday submitted its Intended Nationally Determined Contribution, or INDC, to the UN Framework Convention on Climate Change. The INDC sketches China’s post-2020 commitment that is expected to be part of a new international climate change pact to be adopted in Paris later this year. Here’s what China committed to doing:

Press Release

WASHINGTON, D.C.—U.S. Chamber President and CEO Thomas J. Donohue issued the following statement today regarding the U.S. Supreme Court’s Michigan v. EPA decision:

“The Supreme Court made it clear that EPA cannot turn a blind eye when it imposes massive costs on our economy in return for minimal environmental benefit. The decision affirms the common sense principle that Congress requires agencies to consider the consequences of regulations that they impose on businesses and consumers.

Blog

The Supreme Court today began to rein in EPA's regulatory overreach by ruling that EPA must take into consideration costs when it implements rules.

Here are five must read lines from Justice Scalia’s 5-4 majority opinion in Michigan vs. EPA:

1.“EPA refused to consider whether the costs of its decision outweighed the benefits. The Agency gave cost no thought at all, because it considered cost irrelevant to its initial decision to regulate.”

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There is a new piece of analysis in the Reports section of our web page that examines the Energy Information Administration’s (EIA) recent assessment of the Environmental Protection Agency’s (EPA) Clean Power Plan.

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The EPA is expected to finalize its “Clean Power Plan”—sweeping new regulations that aim to transform the U.S. electricity system—sometime in the next 90 days. When it does, all eyes will quickly turn their attention away from Washington, DC and toward state capitals, as states scramble to come to grips with EPA’s mandate.