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Economy
Federal Judge Shuts Down Brandon's 'Social Cost' for Emissions
2022-02-15
[Epoch Times] U.S. District Judge James Cain blocked the president’s January 2021 executive order that would factor in an alleged "social cost" for emissions of carbon dioxide, methane, and nitrous oxide when policymakers create rules.

"The Court agrees that the public interest and balance of equities weigh heavily in favor of granting a preliminary injunction," Cain wrote in an order (pdf) as he issued a temporary injunction.
Who will tell AOC? What about Greta?
Cain, an appointee of former President Donald Trump, sided with states in their lawsuit against the federal government and agreed that "the harms to their States and their citizens’ economic well-being more than suffice to establish standing and the possibility of irreparable harm."

Biden’s order, the judge added, "will harm Plaintiff States’ ability to purchase affordable energy to carry out their sovereign functions" as the mandate will "significantly drive up costs while simultaneously significantly decrease States revenues resulting in the inability of the Plaintiff States to carry out their sovereign duties to their citizens."
Posted by:Bobby

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