Tag

Regulatory Rollback

All articles tagged with #regulatory rollback

environment1 month ago•1 min saved

EPA Scraps Power Plant Emission Limits, Citing Lack of Climate Impact

The US Environmental Protection Agency has finalized a plan to repeal the 2024 Carbon Pollution Standards, effectively removing all limits on greenhouse gas emissions from coal and gas power plants. The agency argues these emissions have no material impact on climate change and that the rules exceeded its legal authority. This move follows the earlier revocation of the foundational 2009 endangerment finding, which had justified climate regulations. While the administration projects $310 billion in savings and lower electricity prices, critics warn of 123 million metric tons of additional carbon emissions and severe public health consequences.

via The Guardian|

#clean-air-act #climate-policy #environment

environment1 month ago•3 min saved

EPA Finalizes Repeal of Power Plant Emissions Rules, Citing Cost Savings

The US Environmental Protection Agency (EPA) has finalized the repeal of Biden-era regulations limiting carbon emissions from coal and gas power plants. The agency argues the move will save $310 billion and lower energy costs, while critics warn it will increase health risks and ignore climate science. The action also seeks to prevent future administrations from regulating power sector emissions.

via BBC|

#climate-policy #energy-policy #environment

energy-and-policy1 month ago•5 min saved

Federal Agencies Move to Weaken Fuel Efficiency Standards Amid Global Energy Crisis

The U.S. Department of Transportation and National Highway Traffic Safety Administration are moving to significantly weaken federal fuel efficiency standards for passenger and commercial vehicles. These regulatory changes are expected to increase average fuel costs by up to 45% and raise carbon emissions, occurring simultaneously with global energy price spikes driven by geopolitical conflict.

via Electrek|

#department-of-transportation #energy-and-policy #energy-prices

environment-and-energy3 months ago•3 min saved

Trump’s Endangered Species Act Rollback Lowers Habitat Protections

The Trump administration finalized a rollback redefining 'harm' under the Endangered Species Act, deleting the prohibition on habitat destruction unless intentional. The rule would regulate only direct physical harm, letting developers modify or destroy habitat for endangered or threatened species without federal permits, a shift critics say weakens protections and invites lawsuits; the Fish and Wildlife Service says it reduces regulatory burden.

via Bloomberg Law News|

#endangered-species #endangered-species-act #environment-and-energy

business4 months ago•15 min saved

SEC Moves to Scrap Mandatory Climate-Disclosure Rule

The U.S. Securities and Exchange Commission is moving to repeal a rule that would require publicly traded companies to disclose greenhouse gas emissions and climate-related risks, signaling a rollback of mandatory climate reporting and potentially reducing ESG transparency.

via AP News|

#business #climate-disclosure #climate-risk

environment6 months ago•4 min saved

EPA proposes looser coal-ash rules, sparking groundwater concerns

The EPA proposed weakening cleanup rules for coal ash disposal, including easing groundwater monitoring, allowing exemptions to national standards, and expanding the reuse of coal ash, moves critics say could leave toxins like mercury and lead in groundwater. The plan would roll back some Biden-era protections that required site-wide cleanup and stricter controls, prompting opposition from environmental groups despite industry calls for flexible, site-specific approaches and potential cost savings.

via PBS|

#coal-ash #environment #environmental-policy

business1 year ago•2 min saved

US Regulators Drop Climate Risk Guidelines for Banks

U.S. regulators, including the Federal Reserve, have eliminated rules requiring banks to prepare for climate-related losses, citing redundancy with existing risk management standards, despite concerns from some officials about increased financial system risks and the broader implications of climate change.

via CNBC|

#bank-regulation #business #climate-change

business1 year ago•3 min saved

Bank Deregulation to Unlock $2.6 Trillion in Lending for AI Growth

The article discusses potential deregulation efforts by Donald Trump that could unlock $2.6 trillion in bank lending capacity in the US, possibly reducing the need for further interest rate cuts by the Federal Reserve and significantly boosting earnings for major US banks like JPMorgan Chase, while raising concerns about financial stability and global regulatory impacts.

via TipRanks|

#bank-lending #business #dodd-frank

technology1 year ago•2 min saved

Trump unveils strategy to dominate AI race by easing regulations and boosting exports

The Trump White House plans to eliminate AI regulations that hinder innovation, aiming to make the US lead in the global AI race by reducing red tape, changing procurement rules, and streamlining permits, while also boosting AI exports and infrastructure, despite concerns about ideological bias and regulatory risks.

via NPR|

#ai-regulations #global-ai-race #innovation

politics1 year ago•2 min saved

CFPB Enforcement Chief Resigns Amid Trump Policy Disputes

The acting enforcement director of the CFPB resigned, criticizing the Trump administration's efforts to dismantle the agency through staff cuts and policy changes, which she argues undermine its mission to protect consumers and regulate financial markets, including the crypto industry.

via Cointelegraph|

#cfpb #consumer-protection #cryptocurrency-oversight