The U.S. Supreme Court on Thursday ruled to effectively bar the Environmental Protection Agency from regulating carbon pollution emitted by power plants, a decision that dims prospects of quick action on climate change in the world’s largest economy.
As if that wasn’t depressing enough, the move also kneecaps American competitiveness at a time when the world is lurching toward an energy transition destined to relegate fossil fuels to history’s dustbin.
The U.S. doesn’t have anything that resembles a rational national energy policy, partly a result of its federal structure and polarized politics. Rather, it has a hodgepodge of policy carrots and sticks that have been influenced by myriad actors …
