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Stock impact report

How Trump’s EPA is planning to gut clean air regulations to prop up coal [The Verge]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: The Verge
The public will have a chance to comment In an effort to prop up the fossil fuel industry, the Trump administration announced a new energy policy today that would lighten regulation on coal-fired power plants. Called the Affordable Clean Energy (ACE) rule , it would replace the Obama administration’s Clean Power Plan, which the White House called “overly prescriptive and burdensome” in a statement . Had it gone into effect, the Clean Power Plan would have given power plants until the year 2030 to cut their carbon emissions by roughly 30 percent. But the Clean Power Plan was stalled by litigation and never took effect . And pretty much since Trump took office, the administration has been trying to wipe it from the books completely . The Affordable Clean Energy (ACE) rule proposes to take power plant emissions standards out of federal hands and leave it up to individual states to develop their own plans to cut pollution. It also aims to relax the permitting re Show less Read more
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