Midwest Energy Emissions Corp. (MEEC)

[risingup58]

Nice volume so far! Almost back to normal share price prior to Supreme Court ruling June 29. The bet here is, from what I believe is the $MEEC investors are seeing like the Midwest President Richard MacPherson stated "We are conducting business as usual, providing critical compliance options to our utility customers. We await further developments from the lower court and will inform shareholders of developments in a timely manner."

EPA Administrator Gina McCarthy said she was disappointed with last week's court ruling, but said comparing the mercury rule to the nearly finalized climate plan is "comparing apples and oranges."

The Supreme Court, in a 5-4 decision, ruled June 29 that the EPA should have considered the costs and benefits of its plan before deciding to impose limits on mercury and other hazardous air pollutants

A majority of U.S. power plants have already invested millions of dollars to install pollution controls needed to comply with the mercury rule, so the practical effect of the court's ruling will be limited, McCarthy said at a speech sponsored by the Christian Science Monitor.

The court decision did not set aside the mercury rule, but merely returned it to a lower court to decide how a cost-benefits analysis should be conducted, McCarthy said, adding that she is confident the rule eventually will be implemented.