The White House prepares to reverse a key finding linking greenhouse gases to public health risks,
plus President Trump threatens to block the opening of a bridge connecting the U.S.
and Canada, baffling officials north of the border.
This is just another, you know,
another speed bump that Donald Trump has put in the way of doing good things,
not just for our country, but for his as well.
And we'll unpack what a stronger Chinese currency could mean for the dollar.
It's Tuesday, February 10th.
I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News,
the top headlines and business stories moving your world today.
The Trump administration is planning to reverse a 2009 legal finding linking greenhouse gas emissions with threats to public health and welfare.
We understand that the rollback would gut the legal underpinning used to regulate power plant emissions as well as fuel efficiency standards for cars.
Officials claim the regulatory rollback would equate to a trillion dollars in savings.
However,
Journal Sustainability Reporter Yusuf Khan said it could also create headaches for businesses navigating the growing delta between American and global environmental regulations.
This is going to be a really big deal for companies operating globally, but even just within the US.
We're seeing climate regulations within places like California coming through and New York,
but say for a company operating in Europe where you've got climate regulations that are already in force on one side in Europe.
You've got an obligation to bring down your emissions and report your emissions.
On the other side,