Michael Gerrard and Jeff Holmstead on Next Chapter in US Climate Policy

The podcast explores the implications of the EPA's decision to repeal the endangerment finding, which has been the basis for regulating greenhouse gas emissions, and the Supreme Court's decision to hear a case concerning lawsuits against the oil industry for climate change damages. Michael Gerrard and Jeff Holmstead discuss the legal arguments for and against the EPA's repeal, including potential reliance on the "major questions doctrine" and the interpretation of "air pollutant" under the Clean Air Act. They examine the potential reactions from various industries, noting that while some sectors like aviation and oil/gas may prefer federal regulation, the auto industry faces uncertainty regarding future emissions standards. The conversation also covers the possible effects on state-level climate actions and the likelihood of congressional intervention.