Supreme Court Ruling
As of this month, the Supreme Court has found that the EPA has shirked its responsibility to regulate carbon dioxide emissions from vehicles. The article “Court Turns Up the Heat on Global Warming” states that the Supreme Court has ruled carbon dioxide a pollutant, and as a pollutant, it falls under regulation by the Clean Air Act of 1970. Environmental groups view it as “a crucial step in the path to federal carbon emissions legislation”. It is obvious that consumers that drive vehicles are not paying the full cost of their action, and they are putting a negative externality on society. I argue that this ruling by the Supreme Court could be a step in the right direction.
Posted by Eric at 4/12/2007 01:29:00 PM