Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

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Baytex Energy Corp > Interesting Supreme Court Ruling

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Post by BayStreetWolfTO on Jun 30, 2022 10:40am

Interesting Supreme Court Ruling

I think Biden has a big problem with the supreme court. Lots of distractions between now and the mid-terms.

-The Supreme Court ruled the EPA does not have authority to set standards on climate-changing greenhouse gas emissions for existing power plants.
-The 6-3 ruling said that Congress, not the EPA, has that power.
-The court’s ruling on the case, West Virginia v. the Environmental Protection Agency, affects the federal government’s authority to set standards for planet-warming pollutants like carbon dioxide.
-The decision could have a major impact on the Biden administration’s agenda to combat climate change.

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