Seven years after a landmark Supreme Court ruling cleared the way for federal regulation of greenhouse gases, the justices will consider whether the Environmental Protection Agency has stretched its powers too far in applying new emissions rules. The stakes are high for both the EPA and the industries it is targeting to help curb pollution. Businesses say a win for the EPA could pave the way for the agency to dictate the design and operation of a wide range of industrial facilities, imposing billions of dollars in new costs. A loss could threaten the EPA’s immediate ability to require greenhouse-gas controls and complicate its broader carbon-emissions agenda. “EPA is under so much political fire that any legal loss will be portrayed as a reason why the agency shouldn’t be doing this,” said Harvard University law professor Jody Freeman, who previously served in the Obama White House as a counselor […]