The United States Supreme Court has been frantically busy of late, striking down law and legislation with an almost crazed, ideological enthusiasm, writes Binoy Kampmark.
US Environmental Protection Agency (EPA)
In a 6‒3 decision, the United States Supreme Court ruled on June 30 against the Environmental Protection Agency’s (EPA) ability to regulate greenhouse gas emissions, report Malik Miah and Barry Sheppard.
The US Environmental Protection Agency (EPA) revealed on September 18 that Volkswagen (VW) diesel engines had been fitted with software enabling them to flout US engine emissions standards for nitrous oxides. That has precipitated a crisis in one of the vital structures of world capitalism.
A perfect storm is emerging, jeopardising the entire automotive/industrial/financial complex that propelled world capitalism from the end of World War II until recently.
