When Environmental Protection Agency (EPA) Administrator Lee Zeldin announced last week that his agency would move to repeal the foundation of EPA’s climate regulations, he claimed it would provide a boon to US industry and eliminate $1 trillion in “hidden taxes.” But analysts and legal experts are less sure, warning that EPA’s efforts to kill the so-called endangerment finding instead could expose a broad range of industries to more lawsuits.
“There’s a lot of concern in industry about how reversing the endangerment finding could open the door to more litigation and lawsuits,” Bracewell’s Jeff Holmstead told E&E News.
“I just think there’s a lot of concern that that would eliminate one of the best defenses that the defendants have had,” he said.