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Supreme Court to hear challenge to California's pace-setting vehicle emissions rules [USA TODAY]

Valero Energy Corporation (VLO) 
Last valero energy corporation earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: investorvalero.com
Company Research Source: USA TODAY
The U.S. Supreme Court agreed Friday to hear a bid by fuel producers to challenge California's standards for vehicle emissions and electric cars under a federal air pollution law in a major case testing the Democratic-governed state's power to fight greenhouse gases. The justices took up an appeal by a Valero Energy subsidiary and fuel industry groups of a lower court's rejection of their challenge to a decision by Democratic President Joe Biden's administration allow California to set its own regulations. The dispute centers on an exception granted to California in 2022 by the U.S. Environmental Protection Agency to national vehicle emission standards set by the agency under the landmark Clean Air Act anti-pollution law. Though states and municipalities are generally preempted from enacting their own limits, Congress allowed the EPA to waive the preemption rule to allow California to set certain regulations that are stricter than federal standards. California, the most-popul Show less Read more
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