Zack Colman:
Well, industries are responding positively to the idea of rolling back climate and air pollution regulations. A lot of them thought that the Biden administration policies were taking the markets to an unrealistic place.
You look at auto sector in particular, where there are a lot of companies that said, look, we agree that we need to transition to electric vehicles, but the marks that you’re putting down are a little too aggressive and they’re not based on consumer preference. They’re not — people aren’t buying these cars at the rate that we would need to actually produce them to meet these rules.
So there is a lot of applause from industry. However, there is some concern from industry circles and even some Republicans about going after the endangerment finding, which they think could be a distraction and actually could be politically demotivating to getting some of these regulations done.
