Bloomberg BNA — A federal appeals court handed the Environmental Protection Agency a significant victory April 15 by upholding stringent mercury and air toxics standards for power plants, which are among the costliest regulations the agency has promulgated.
The world needs to triple the energy it gets from renewables, nuclear reactors and power plants that use emissions-capture technology to avoid dangerous levels of global warming, United Nations scientists said.
China’s slowing economy and tougher government anti-pollution efforts are taking a toll on its steel mills, rattling the world’s biggest producer of the alloy and flashing worries of a potential downturn in the global iron-ore trade.
Passenger-vehicle sales in China gained 9 percent last month, as deliveries rose from General Motors Co. to Toyota Motor Corp. and consumers brought forth purchases on concern more cities will limit ownership.
John Wong, who leases offices in downtown Beijing’s new, 61-story Fortune Financial Center, has filled 60 percent of the space in the tower completed in September. He said he’s confident the rest will be snapped up.