Appellate Suit Over Pension Climate Rule Marks Early Test Of Chevron’s End

Upcoming appellate arguments over the Labor Department’s (DOL) rule on whether pension managers can weigh climate risk when considering investment decisions is providing an early test of the effects of the high court’s ruling ending Chevron deference, after the lower court upheld the rule on the basis of the now-defunct doctrine. A panel of judges of the U.S. Court of Appeals for the 5th Circuit is slated to hear July 9 arguments in State of Utah v. Su ,...