Company News: Utilities, Lululemon, Starbucks, Samsung, Suntech

Utilities: Countdown to new emissions limits

Pressure is mounting on the U.S. Environmental Protection Agency ahead of an April 13 deadline for the agency to issue the first greenhouse gas limits for power plants. Green groups oppose scaling back or delaying the rule, which spurred a record 2.67 million public comments, most of them supportive. Utilities and coal producers say that if the agency issues a single standard for both gas- and coal-powered plants, when only gas plants could reasonably comply, the rule could be challenged in court. The curbs will apply only to new plants, though coal producers and utilities are bracing for the EPA to target existing facilities next.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.