US Oil Set to Surge on Middle East Tension... Are You Ready?

With the Middle East facing yet another conflict, now is the time to get in. That's why today I want to show you the best way to profit from oil in 2024. It's NOT a stock, future or bond... Rather, it's an unusual investment that could hand you huge monthly income from the oil and gas markets.

Supreme Court allows a rule limiting pollution from coal-fired power plants to remain in effect

LINDSAY WHITEHURST
October 16, 2024

WASHINGTON (AP) -- The Supreme Court on Wednesday allowed a Biden administration regulation aimed at limiting planet-warming pollution from coal-fired power plants to remain in place as legal challenges play out.

The court denied a push from Republican-led states and industry groups to block the Environmental Protection Agency rule. One justice, Clarence Thomas, publicly dissented.

Two other conservative justices, Brett Kavanaugh and Neil Gorsuch, said they thought challengers would likely win on at least some of their claims eventually, but the court didn't need to block the rule now because compliance work wouldn't have to begin until at least June 2025. The case could end up back before the high court relatively quickly.

Justice Samuel Alito did not take part.

The rule requires many coal-fired power plants to capture 90% of their carbon emissions or shut down within eight years, though deadlines do not take effect for several years.

The power industry is the nation's second-largest contributor to climate change, and the rule is a key part of President Joe Biden's pledge to eliminate carbon pollution from the electricity sector by 2035 and economy-wide by 2050.

The high court earlier this month also left two other regulations in place for now, but other environmental regulations have not fared well before it in recent years. In 2022, the justices limited the EPA's authority to regulate carbon dioxide emissions from power plants with a landmark decision. In June, the court halted the agency's air-pollution-fighting "good neighbor" rule.

Another ruling in June, overturning a decades-old decision known colloquially as Chevron, is also expected to make environmental regulations more difficult to set and keep, along with other federal agency actions. The U.S. Chamber of Commerce cited that ruling in court papers supporting the challenge in the coal plant case.

An appeals court had allowed the EPA's new power plant rule to go into effect.

A panel of three judges -- two nominated by Democratic President Barack Obama and one by Republican President Donald Trump -- found that the states were not at risk of immediate harm because compliance deadlines do not take effect until 2030 or 2032.

Environmental groups have said the standards are reasonable, cost-effective and achievable, and well within the EPA's legal responsibility to control harmful pollution, including from greenhouse gas emissions.

The National Mining Association argued that the rules threaten the reliability of the nation's power grid by forcing the premature closure of power plants as demand for electricity surges.

The EPA projects the rule would yield up to $370 billion in climate and health net benefits and avoid nearly 1.4 billion metric tons of carbon pollution through 2047, equivalent to preventing annual emissions of 328 million gasoline-powered cars.

Continue Reading...

Popular

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight weeks.

Fox's Bret Baier acknowledges 'mistake' in Harris interview over airing of Trump clip

Fox News anchor Bret Baier says he “made a mistake” during his interview with Kamala Harris in not airing video of a Donald Trump comment, something Harris pointed out to him in real time.

Must-See 20 Second Trading Demo - Ad

Larry Benedict's hedge fund went 20 years without a single losing year and was ranked in the top 1% in the entire world by Barron's.

Elon Musk's Pro-Trump Super PAC To Give $1M Every Day To People In Swing States For Signing His Petition

Billionaire Elon Musk on Saturday reportedly gave away $1 million to a man named John Dreher who attended his event in Pennsylvania aimed at rallying support for former President Donald Trump.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

This Chipmaker Jumps Over 16% After Nvidia Rival Signs $750M Deal Under Biden's CHIPS And Science Act

The funding aims to support Wolfspeed's long-term growth and enhance domestic production of silicon carbide, a critical component for electric vehicles, AI data centers, and battery storage systems.

Tesla Execs Are Freaking Out - Ad

You might not believe what you're about to see is real, but I assure you the video has been left unedited. It's so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity.

Cuba gets some electricity back after major power outage left millions in the dark

HAVANA (AP) — Cuba's government on Saturday said that some electricity was restored on the island after one of the country's major power plants failed and left millions without electricity in an outage that started two days earlier.

Fox News says none of its employees wrote jokes for Trump to tell at traditional campaign dinner

NEW YORK (AP) — Fox News Channel on Friday denied Donald Trump's assertion that any of its employees wrote jokes for him to deliver this week at a New York appearance.

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

US fines Lufthansa $4 million for treatment of Orthodox Jewish passengers on a 2022 flight

WASHINGTON (AP) — The United States fined German airline Lufthansa $4 million for its treatment of a group of Jewish passengers who were denied boarding a 2022 flight in Frankfurt after they had flown to Germany from New York.

Donald Trump's World Liberty Financial Token Sales Hit $220M In First Hour, Website Faces Multiple Outages

Donald Trump's family project World Liberty Financial (WLFI) hit the floors, with its token sale reaching $220 million in value within first hour despite website crashes.

10X More Profitable Than Physical Gold? - Ad

There's a backdoor gold play that could deliver 10 TIMES bigger gains than physical gold. In fact, this single investment has outperformed gold by 10-to-1 over the past 25 years... and FAR outperformed most gold stocks

Allstate Records $630M In Losses From Hurricane Helene, Other Insurers Report Significant Losses As Damage Mounts

Allstate reports $630 million in catastrophe losses related to Hurricane Helene alone. The company reports total estimated catastrophe losses of $889 million for September, more than twice the amount reported for the same month last year. 

Former NATO Chief Predicts 'Shutdown Of Oil' Amid Israel-Iran Conflict

Former NATO Chief Admiral James Stavridis says the growing conflict between Israel and Iran may lead to a disruption in the oil supply from the Middle East.

Single Stock Blueprint Available Now - Ad

Market Wizard Larry Benedict is one of the most successful traders you'll ever meet...But he doesn't make money the traditional way. In short: It's a way to trade just one stock...And potentially make all the money you need to fast-track your retirement -- no matter what happens in the stock market.

Act by October 22nd: Discover Elon's Mind-Blowing New Invention! - Ad

When you click here you'll discover what Elon Musk's newest invention can do... And how it works... You might think it's straight out of a sci-fi movie. But Elon just conducted a real-life test on a human, and the outcome was astonishing.

PPG will lay off 1,800 employees as paints and coatings maker aims to cut costs

NEW YORK (AP) — PPG Industries plans to lay off about 1,800 employees amid efforts to cut costs, with the paints and coatings maker also inking a deal to sell a sizeable chunk of its architectural business.

Top 2 Materials Stocks You May Want To Dump In October

Two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Shocking Footage from Bill Gates' $100 Billion AI Project - Ad

Jeff Brown flew to Wisconsin to witness Bill Gates' $100 billion AI project firsthand. What he uncovered will blow your mind!

Poland tightens visa rules as probe confirms previous government's cash-for-visas scandal

WARSAW, Poland (AP) — Poland is tightening its visa regulations as probes into alleged have confirmed which cost the public purse millions of dollars, the foreign minister of this European Union country said Thursday.

SpaceX Wins Major US Space Force Contract Worth $734M For National Security Missions

Elon Musk's SpaceX has secured a significant $733.6 million contract from the U.S. Space Force to execute at least nine national security launches.

2024 -- The Real Election Year Surprise - Ad

In 2016, the October Election Surprise was Hillary Clinton's email scandal... In 2020, the October Election Surprise was the suppression of all the dirty material on Hunter Biden's "forgotten" laptop... Now, in 2024, we're forecasting an October Election Surprise that almost no one sees coming -- and this time it'll be way more devastating than anything you've seen before.

Top 3 Consumer Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Meet The Companies That Could Be Behind Apple's "AiPhone" - Ad

"According to my research, these three tiny companies may be working behind the scenes to produce Apple's first ever AI-powered iPhone..." -- Luke Lango, Silicon Valley Insider

European Medicines Agency's Panel Supports Approval Of Novartis' Kisqali In Patients With Early-Breast Cancer

Novartis' Kisqali receives a positive recommendation from EMA's CHMP for adjuvant treatment of early breast cancer, showing a significant reduction in cancer recurrence in a Phase 3 trial. European Commission decision expected soon.

Gold: Now Legal Tender - Ad

Most Americans missed this big story, but 1 in 5 states have now made gold and silver coins legal tender. It's just one reason why so many predict gold will soon hit $5,000. And why you need to check out this $6 strategy for gold immediately.

For migrant women who land in Colorado looking for jobs, a common answer emerges: No

AURORA, Colo. (AP) — East Colfax Avenue was the best place to find a job. That's what everyone told Sofia Roca.

Elon Musk: This Will Be Bigger Than Tesla - Ad

I'm talking about Elon Musk's Optimus robots. These robots will make it cheaper to manufacture goods here in America than China, and I predict soon, AI technology will open a "wealth window" that could be the biggest wealth-building opportunity of your lifetime.

Russia's Latest 'Time Bomb' Sparks Fear, But It's Not What You Think

Economist Konstantin Sonin says that the ongoing conflict in Ukraine is setting the stage for a major economic crisis in Russia.

Close call at Nashville airport came after planes were directed to same runway, probe shows

WASHINGTON (AP) — Investigators said Wednesday that air traffic controllers cleared an Alaska Airlines jet to take off from Nashville last month after telling pilots of a Southwest Airlines jet to cross the same runway.

Man Who Predicted Trump Win Issues Shocking New Election Prediction - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

A Tesla car crashes and catches fire in France, killing 4

PARIS (AP) — Four people have died in a car crash in France after their Tesla vehicle reportedly hit a road sign and caught fire, police said Monday.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service