Black Carbon Reduction Efforts Win Bipartisan Support

Law360, New York (September 24, 2013, 2:55 PM EDT) -- U.S. senators from both parties on Tuesday called for increased funding to reduce so-called black carbon emissions from diesel engines, criticizing the Obama administration for cutting a program that provides financial incentives for owners to retrofit or replace their equipment.

The Diesel Emissions Reduction Program was originally authorized for $200 million per year when it was created in 2005, but that amount has dropped steadily since then and fell to only $20 million for fiscal year 2013. A group of senators from the Environment and Public...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.