EPA Likely to Revise 2025 Fuel Standards Down, but It Won’t Matter for Electric Vehicle Adoption
Two automotive trade groups sent letters to the United States Environmental Protection Agency, or EPA, asking for the 2022 to 2025 fuel economy standards to be revisited on the grounds that they were never formally finalized. Given his history of suing the EPA over environmental regulations, we think new EPA Administrator Scott Pruitt will pursue legal avenues to accommodate the trade groups’ request and re-open the midterm review to determine the 2022 to 2025 fuel economy standards. In our view...Albemarle is a global developer, manufacturer and marketer of chemicals across a range of end markets including energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, crop protection and custom chemistry services. The company's segments include: Lithium, which develops and manufactures a range of basic lithium compounds and lithium specialties and reagents; Bromine Specialties, which includes products used in fire safety solutions and other chemicals applications; and Catalysts, which includes Clean Fuels Technologies, fluidized catalytic cracking catalysts and additives, and performance catalyst solutions.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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