Truck manufacturers won’t file legal challenges over California’s controversial mandate, and in return, the state air board will relax some smog-fighting requirements.
it heads to president obama s desk and he does support the measure. stocks fell, dow lost 44. nasdaq was down 2. price of crude oil was up. the price of gasoline held steady at 3.93 a gallon. they announced landmark standards that may doom the coal industry. doug mckelway has details. reporter: it will oppose tough new standards on power plants, especially coal plants by requiring them to meet greenhouse gas limits. it ensures cleaner generation in the future. new standards will limit power plants to 1,000 pounds per megawatt hour. they are praising the draft rules knowing full well the science of clean likely coal remains expensive and ten years