Scalia Vacancy Boosts Prospects for Obama's Carbon-Cutting Plan
- Late Supreme Court justice had voted to halt emissions rules
- A 4-4 deadlock would leave lower court's decision in place
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The Supreme Court vacancy created by Justice Antonin Scalia’s death improves the outlook for President Barack Obama’s controversial plan to cut carbon emissions from U.S. power plants, just a week after the court raised doubts about its viability.
“The math changes completely,” said FBR Capital Markets analyst Benjamin Salisbury.