Air Pollution: Former EPA air chief Holmstead discusses appeals court ruling on CAIR

Earlier this month, the U.S. Circuit Court of Appeals for the District of Columbia ruled in a case that challenged the Bush Administration's 2005 Clean Air Interstate Rule (CAIR). The controversial decision struck down the interstate pollution rule and came as a surprise to many, including the petitioners in the case. During today's OnPoint, Jeff Holmstead, a former EPA air chief and head of Bracewell & Giuliani's environmental strategies group, discusses the court's decision and the immediate impacts it may have on states and utilities. Holmstead, who crafted the CAIR during his tenure at EPA, explains how EPA and Congress should be acting on the decision and also discusses the possibility for a settlement in the case.