Take that John Galt

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It appears that the Supreme Court is still of the opinion that the government has some necessary regulatory powers.

The Supreme Court refused on Tuesday to consider reducing the Environmental Protection Agency’s authority to set air quality standards, leaving intact a tough new limit on sulfur dioxide emissions in a victory for the Obama administration.

Without comment, the court decided not to hear an appeal by Grupo Mexico SAB’s Asarco LLC unit of a lower court ruling that upholds a 2010 EPA rule limiting sulfur dioxide in the air to 75 parts per billion over one hour.

Obviously, this is a major reaffirmation that the EPA still has the ability to regulate carbon pollution as well – much to the consternation of tea partiers and FoxNews punditry.

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