In a move that appears to have surprised power-market observers, the U.S. Supreme Court last month agreed to decide whether a state can offer subsidies for powerplant construction to provide needed capacity—without infringing on the authority of federal regulators and distorting the wholesale price of electricity.
Construction industry sources say they are hopeful that the U.S. Supreme Court overturns President Obama’s Patient Protection and Affordable Care Act, which they contend is problematic for employers.
An air-pollution district in metropolitan Los Angeles overstepped its authority when it enacted six "fleet rules" in 2000, the U.S. Supreme Court decided on April 28.
