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EU Cuts Third Off Truck Emissions By 2030
Friday, December 21, 2018 - 12:41pm | 579The Council of Ministers at the European Union has agreed to cut carbon emissions from heavy goods trucks 30 percent by 2030, and by at least 15 percent by 2025 compared to 2019, levels with an interim review of the policy taking place in 2022. This is the first time that the European Union has...
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Closing Out Long Battle, Clean Truck Program to Take Effect in the New Year
Wednesday, December 19, 2018 - 8:39pm | 586The long, drawn-out battle over emissions standards at the Ports of Tacoma and Seattle comes to a close on Jan. 1, when updated clean truck requirements go into effect. By the new year, all trucks serving international container terminals must have a 2007 or newer engine, or a certified emissions...
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Could Trump's Emissions Plans End Up Hurting The Auto Industry?
Sunday, March 19, 2017 - 9:58pm | 792At the face of it, President Donald Trump might seem a champion for the auto industry. The president during his recent visit to Detroit, America's auto capital, warmed the hearts of the automakers by announcing he would revisit his predecessor former President Barack Obama's emission control...
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The Paris Agreement: What It Is And Why It Matters
Friday, October 7, 2016 - 2:02pm | 375The Obama Administration has announced that the so-called Paris Agreement is officially set to go into effect next month. The global climate change agreement, which has now been adopted by 73 countries accounting for 56.8 percent of global greenhouse gas emissions, has set a long-term goal of...
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Is Volkswagen's Scandal All That Different From Past Auto Fails?
Tuesday, October 20, 2015 - 2:40pm | 1079Volkswagen AG (ADR) (OTC: VLKAY) is currently embroiled in a scandal regarding software that the German carmaker used to trick emissions tests into believing that the cars were more environmentally friendly than they really were. The ordeal has pummeled Volkswagen shares and has done major damage...
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The Palladium ETF Is The Ultimate Volkswagen Victor
Saturday, October 3, 2015 - 9:38am | 760The American depositary receipts (ADRs) of German automotive giant Volkswagen AG (ADR) (OTC: VLKAY) are down more than 3 percent at this writing Friday and have touched a new 52-week low. Volkswagen ADRs have plunged 36.5 percent over the past month following an emissions scandal and reports of...
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Volkswagen's Risks May Be Overlooked Despite Press Disaster, Analyst Warns
Friday, October 2, 2015 - 3:10pm | 361Shares of Volkswagen AG (ADR) (OTC: VLKAY) reached new 52-week lows of $22.71 on Friday. Alexander Haissl of Credit Suisse commented in a note that downside risks are not fully priced in and that material risks are "likely to arise" from its Financial Services Business. Haissl maintained an...
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A Different Way To Bet Against Volkswagen
Wednesday, September 30, 2015 - 1:31pm | 403Volkswagen AG (ADR) (OTC: VLKAY) faces a number of risks that are hard to quantify at this time. For one, VW Financial Services’ balance sheet could take a massive hit. Bank of America has initiated Underweight ratings on Volkswagen’s corporate bonds. Analyst Teo Lasarte still...
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Traditional Energy Firms Likely To Back Bush On New Policy Proposal
Tuesday, September 29, 2015 - 2:17pm | 367On Tuesday, presidential-hopeful Jeb Bush is expected to present the details of his plan to rework the energy sector in order to create jobs and spur on the economy. Bush has been very vocal about his opposition to President Obama's Clean Power Plan and is expected to fight the plan if he makes it...
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Tesla Poised For Outsized Benefit From Volkswagen Scandal, Morgan Stanley Argues
Tuesday, September 29, 2015 - 1:27pm | 407Volkswagen AG (ADR) (OTC: VLKAY) is down another 2.6 percent Tuesday, bringing its losses since September 18 at more than 38 percent. Meanwhile, Tesla Motors Inc (NASDAQ: TSLA) has shed just 4 percent during the same period. Morgan Stanley's Adam Jonas said that Volkswagen's scandal is "negative...
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Investors, Look To Buy Volkswagen On The Dip
Friday, September 25, 2015 - 1:12pm | 620The emissions scandal that Volkswagen AG (ADR) (OTC: VLKAY) is facing has taken the company's shares down by roughly 30 percent over the past two days. The company is also facing massive fines and even criminal lawsuits in the United States; a new probe looking into its software in the UK has...
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How The Obama Climate Change Rules Might Affect ETFs
Monday, June 2, 2014 - 4:26pm | 496The Obama administration has unveiled its latest proposal to help curb carbon emissions. Monday's announcement is taking aim at power-producing plants around the country, with the coal plants taking the brunt of the hit. As states are forced to lower the amount of emissions that are...