Clean Power Plan

Bracewell's Holmstead says SCOTUS stay request a long shot but warranted

As states work behind the scenes to craft compliance strategies for U.S. EPA's Clean Power Plan, legal action against the rule is now front and center. Is the latest move by petitioners requesting the Supreme Court consider a stay of the rule a long shot? During today's OnPoint, Jeff Holmstead, a partner at Bracewell and a former assistant administrator for air and radiation at EPA, discusses the outlook for legal proceedings on the rule and explains why he believes carbon trading makes the rule more economically viable.