EPA Cap-and-Trade for State Pollution Risks Court Challenge

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July 8 (Bloomberg) -- The Environmental Protection Agency’splan to cut U.S. interstate air pollution through a cap-and-trade system may face legal challenges.

The EPA standards issued yesterday, the Cross-State AirPollution Rule, let 27 U.S. states from New York to Texas reducepower-plant emissions through limited trading in which companiesexceeding standards can buy credits from those in other statesthat pollute less.