The daily business briefing: October 10, 2017

Trump administration plans to scrap Obama's Clean Power Plan, deadly wildfires damage Northern California wineries, and more

A California winery sign is scorched
(Image credit: Getty Images)

1. EPA administrator to withdraw from Obama's Clean Power Plan

EPA Administrator Scott Pruitt announced Monday that he would sign a rule to start withdrawing from the Clean Power Plan, former President Barack Obama's centerpiece regulation limiting carbon pollution from power plants. "Here's the president's message: The war on coal is over," Pruitt said in the Kentucky coal country. The National Association of Manufacturers praised the proposed rule, which Pruitt said he would sign Tuesday, saying the Obama-era limits were too broad. Environmental groups said the change would increase pollution from power plants, the biggest greenhouse gas producers. "No matter who is in the White House, the EPA is legally required to limit dangerous carbon pollution, and the Clean Power Plan is an achievable, affordable way to do that," said Sierra Club Executive Director Michael Brune.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.