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Stock impact report

Energy stocks surge amid Trump climate rollback [Wealth Professional (Canada)]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Energy stocks surged pre-market Tuesday as investors weighed the potential impact of a significant US policy change on fossil fuels, which will also ease regulatory burdens on other industries. The Trump administration is set to scrap the Environmental Protection Agency's “endangerment finding,” the legal bedrock for federal greenhouse-gas regulation under the Clean Air Act. The WSJ first reported the news and cites officials who say the move could slash $1 trillion in regulatory costs. The decision is expected to be finalized later this week to remove federal requirements for automakers and engine manufacturers to measure, report and comply with carbon-dioxide standards, while leaving rules for power plants and other ‘stationary sources' in place for now. For fossil fuel producers and refiners, the move promises a friendlier regulatory landscape for oil consumption in the transportation sector and signals a broader push to ease climate constraints on the industry. But the same Show less Read more
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