Nixon-Era Law Invoked by Obama on Climate Unsettles Industry

Nixon-Era Law Invoked by Obama on Climate Unsettles Industry

Daniel Acker/Bloomberg

Similar analyses could be made for the oil sands that would be transported in TransCanada Corp.’s Keystone XL pipeline, and leases to drill for oil, gas and coal on federal lands, such as those for Arch Coal Inc. and Peabody Energy Corp.