AXIOS July 1, 2024
The U.S. just set sail into a new era of climate and environmental policy.
Why it matters: A Supreme Court ruling Friday constrains what the Beltway’s vast bureaucracies can do without detailed instruction from Congress.
Catch up quick: The conservative majority ended “Chevron deference” — the 40-year-old doctrine that gave regulators a wide berth when underlying laws are ambiguous.
- It follows a 2022 ruling that already curtailed executive running room on “major questions” absent clear Capitol Hill marching orders.
Here’s a field guide to this new world …
It puts more weight on the IRA. White House climate policy is a carrots-and-sticks approach — the 2022 climate law offers huge subsidies for low-carbon energy, while regulations are the...