With the change in administration, regulated industries can expect significant changes in how they do business with the Environmental Protection Agency.
Perhaps the two most significant regulatory moves EPA is expected to make almost immediately under President Obama include an “endangerment” finding paving the way for carbon dioxide to be regulated under the Clean Air Act, and a reversal of EPA’s decision to deny California a waiver under the CAA allowing the State to regulate greenhouse gasses from automobiles. The latter has already been the subject of a signed Executive Order and notice for public hearing published in the federal register on February 12, 2009. As with many of former President Bush’s policies, Obama will undoubtedly chart a new course with respect to environmental regulation.
This Client Advisory is the third in a four-part series examining how environmental policy, regulation, legislation, and jurisprudence is set to change under the Obama Administration and how these changes might affect regulated industry. Click here to read Part 1
and Part 2
of this series.