Senators Ed Whitfield (R-Kentucky) and Joe Manchin (D-West Virginia) are planning to unveil legislation today that would put a roadblock in front of the Obama administration's new power plant rules targeted toward reducing coal usage. The president rolled out a new carbon reduction plan this past summer, the New Source Performance Standards (NSPS), which began with an EPA directive to establish new carbon pollution standards for power plants to be effective the summer of 2014. It is also tasked with setting standards for:
A 30 percent increase in federal spending on clean energy programs A doubling of wind and solar electricity by 2020 Renewable electricity generation for federally subsidized housing by 2020 Renewable energy for al...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
