Bracewell’s Jeff Holmstead addressed with Axios the possibility of the Trump administration overturning the Environmental Protection Agency’s 2009 endangerment finding on climate change and the ramifications if this occurs.
“There is great concern that reversing the finding would open the door to a lot more nuisance lawsuits against all kinds of industrial companies – and it would eliminate one of the best arguments that oil companies have used to get lawsuits against them dismissed,” stated Holmstead.
“There is also concern that an effort to overturn the endangerment finding will not hold up in court,” he added.
