In a 6-2 vote, the U.S. Supreme Court said the Environmental Protection Agency has the right to limit smog from coal plants that drifts across state lines, a defeat for utilities that are still spending big on coal plants. The Wall Street Journal reports that the EPA's plans — in the works for years — had been fought by companies such as Minneapolis-based Xcel Energy Inc. and Southern Co. of Atlanta, as well as Republican politicians in affected states, especially Texas. The EPA had sought…
Reported by bizjournals 1 hour ago.
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