9th Circ. Allows Calif. To Enforce Carbon Fuel Standard

Law360, New York (April 23, 2012, 10:51 PM EDT) -- The Ninth Circuit on Monday temporarily lifted an injunction preventing the enforcement of California’s Low Carbon Fuel Standard, which the state implemented in April 2010 to substantially reduce greenhouse gas emissions by 2020.

A three-judge panel granted a bid by the California Environmental Agency’s Air Resources Board to stay a California federal court's Dec. 29 decision preventing the board from enforcing the regulation while the case against the rule was ongoing.

The case was brought by trade associations and energy lobbyists who had argued the LCFS,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.