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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Politicsclean energy

Several States Suing Trump’s EPA Over New ‘Dirty Power’ Rule

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August 13, 2019, 12:31 PM ET
13 August 2019, Lower Saxony, Hohenhameln: Dark clouds are pulling over the Mehrum coal-fired power station, high-voltage lines and wind turbines. In view of climate change, coal-fired power plants have to be shut down quickly - a power plant near Hanover has been shut down for four months because coal-fired electricity is currently uneconomical for the operator. One reason for the low electricity price on the electricity exchange is the high share of electricity from renewable energies. Photo: Julian Stratenschulte/dpa (Photo by Julian Stratenschulte/picture alliance via Getty Images)
13 August 2019, Lower Saxony, Hohenhameln: Dark clouds are pulling over the Mehrum coal-fired power station, high-voltage lines and wind turbines. In view of climate change, coal-fired power plants have to be shut down quickly - a power plant near Hanover has been shut down for four months because coal-fired electricity is currently uneconomical for the operator. One reason for the low electricity price on the electricity exchange is the high share of electricity from renewable energies. Photo: Julian Stratenschulte/dpa (Photo by Julian Stratenschulte/picture alliance via Getty Images)Julian Stratenschulte/picture alliance–Getty Images
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A group of U.S. states and cities sued the Trump administration over its new “clean energy” plan, alleging it is an industry giveaway that will reverse progress in addressing climate change and prolong the nation’s dependence on fossil fuels.

The lawsuit, the latest of several legal challenges raised against the plan, was filed Tuesday by 22 states and seven municipalities in the federal appeals court in Washington, which has the authority to review certain government rules if petitioned to do so.

The suit seeks to scrap the U.S. Environmental Protection Agency’s new Affordable Clean Energy plan, which President Donald Trump, a skeptic of climate change science, will use to replace a landmark Obama-era initiative that capped carbon dioxide emissions on many factories.

“Without significant course correction, we are careening towards a climate disaster,” New York Attorney General Letitia James, who is leading the coalition, said in a statement. “Rather than staying the course with policies aimed at fixing the problem and protecting people’s health, safety, and the environment, the Trump Administration repealed the Clean Power Plan and replaced it with this ‘Dirty Power’ rule.”

California Attorney General Xavier Becerra said the suit alleges that the EPA is violating the agency’s duty under the Clean Air Act and that Trump’s proposed rule is “arbitrary and capricious.”

“His fossil fuel protection plan fails everyone who stands for cleaner air,” Becerra said in a statement. “And it fails our economy, which depends on clean energy now more than ever.”

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