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Statement from NAHB Chairman Kevin Kelly on Supreme Court Greenhouse Gas Ruling

WASHINGTON, D.C. – June 23, 2014 – (RealEstateRama) — Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Wilmington, Del., issued the following statement on today’s U.S. Supreme Court ruling regarding the regulation of greenhouse gas emissions:

“NAHB is pleased that the U.S. Supreme Court has reined in the EPA’s authority under the Clean Air Act to regulate greenhouse gas emissions from stationary sources. Because of the way the EPA interpreted the statute, the agency sought to treat apartment complexes as if they are power plants. That makes absolutely no sense and would have dealt a major setback to the housing recovery. Today’s verdict strikes an important blow against federal agencies overreaching their authority.”