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Top News In கிறிஸ்டோபர் நீர்த்த ப்ளூம்பெர்க் Today - Breaking & Trending Today

Fuel-Efficiency Standards Are Set to Get Tougher. The Question Is by How Much.


Fuel-Efficiency Standards Are Set to Get Tougher. The Question Is by How Much.
Source: By Katy Stech, Walk Street Journal • Posted: Tuesday, August 3, 2021
Auto industry pushes for middle ground as environmentalists seek aggressive mileage targets
Strengthening regulations on auto emissions is part of President Biden’s campaign to cut greenhouse-gas emissions. Photo: Kyle Grillot/Bloomberg News
WASHINGTON The Biden administration is expected to announce stricter fuel-efficiency standards for new cars and light trucks as early as this week, fulfilling a pledge to reset tailpipe-emission limits eased by former President Donald Trump.
The new standards are expected to raise the miles-per-gallon performance and lower the amount of tailpipe emissions that auto makers are required to meet as a fleetwide average for the next four years. ....

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Commodity traders harvest billions while prices rise for everyone else


MONEYWEB
app instead?
The Bloomberg Commodities Spot Index is nearing 2008/11 peak.
By Javier Blas, Bloomberg
3 Jul 2021 
00:50 
Image: Qilai Shen/Bloomberg
Doug King set up his hedge fund in the early days of the commodity super-cycle in 2004. It was perfectly timed: voracious Chinese demand lifted the price of everything from oil to copper to record highs. Investors flooded the commodities sector. At the peak, King’s Merchant Commodity Fund was managing about $2 billion.
But the boom ended abruptly after the 2008 global financial crisis and the onset of the US shale revolution. Prices plunged, big institutional money got out and many specialist hedge funds closed. ....

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Disabled Americans See Opening for Fixes to 'Antiquated' Transit


Duckworth bill proposes $1 billion annually for upgrades
Stations inaccessible 31 years after landmark disability law
May 24, 2021 5:01 AM
By Lillianna Byington
Sen. Tammy Duckworth, who lost her legs flying helicopter combat missions in the Iraq war, is waging a new fight: pressing authorities to deliver on a three-decades-old promise to make transit stations accessible to all.
The Illinois Democrat toured renovations at Chicago Transit Authority stations after her election to the Senate. The authority’s director was excited the accessibility project would be completed within two decades, Duckworth recalled in an interview.
“That’s how long this is going to take?” the senator asked at the end of the tour. “And he’s at the innovative forefront of transit authorities that are trying to do this,” she said of the director. For Duckworth, who uses a wheelchair, the visit underscored how little transit authorities m ....

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