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Trump Administration Repeals Biden-Era Greenhouse Gas Requirements for Power Plants, Proposes Eliminating All Remaining Rules
The Environmental Protection Agency (EPA) on Monday repealed limits on carbon-dioxide emissions from power plants imposed by the Biden administration. The EPA also proposed a sweeping action to eliminate all remaining greenhouse gas rules for the sector. The Biden administration's rules required existing coal plants and new natural gas plants to control 90% of their carbon dioxide emissions. An EPA official stated the repeal aims to reduce electricity prices for American families, a key issue ahead of the November midterm elections amid surging gasoline and diesel prices due to the U.S. war with Iran.
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24H Trending
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The 10-year U.S. Treasury yield is down approximately 8 basis points from its previous close, currently at 4.96%.
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Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
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Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
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New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
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Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
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Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
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Israel continues its attacks on Gaza, with the Gaza Ministry of Health stating that dozens have died while awaiting permission to leave, renewing calls to open the Rafah crossing.
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Unlimit founder backs Phase blockchain with $45M as mainnet launches
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DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
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onXRP Team to Launch New Trading Method on XRP Ledger Next Week
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