Advertisement
Australia markets closed
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • AUD/USD

    0.6522
    +0.0022 (+0.34%)
     
  • OIL

    82.94
    +0.13 (+0.16%)
     
  • GOLD

    2,333.90
    -4.50 (-0.19%)
     
  • Bitcoin AUD

    98,366.34
    -4,102.48 (-4.00%)
     
  • CMC Crypto 200

    1,389.92
    +7.35 (+0.53%)
     
  • AUD/EUR

    0.6081
    +0.0011 (+0.17%)
     
  • AUD/NZD

    1.0952
    +0.0010 (+0.09%)
     
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,078.98
    +38.60 (+0.48%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    17,985.25
    -103.45 (-0.57%)
     
  • Hang Seng

    17,277.52
    +76.25 (+0.44%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

Report: Congress to probe ‘clean coal’ tax credit subsidy after evidence of more smog

Congress is investigating a multibillion-dollar subsidy for chemically treated coal that is meant to reduce smokestack pollution, after evidence emerged that power plants using the fuel produced more smog not less.

Video transcript

[MUSIC PLAYING]