28/03/2017 World Business Report

President Trump's expected to ditch Obama's clean energy policies later

today but the big question, will the move really

Uber's self-driving cars are going back on the road

Also American Airlines and China's biggest airline agree a strategic

partnership, Rico will have all the detail for you in just a moment.

After weeks of delay and speculation, President Trump

is finally expected to issue an executive order later today

that will start to dismantle President Obama's

This includes a sweeping Environmental Protection Agency rule

that mandates cuts in carbon emissions from power plants.

It's also expected to quickly end the freeze

on new coal mining leases on federal lands and reverse rules

During his election campaign President Trump said

he would run a government that allows US oil and coal producers

to thrive and he said that steel and auto manufacturers will not face

But the experts say despite any moves by Trump to boost

coal it is facing stiff competition anyway from natural gas

and renewable energy, which is already cheaper to produce

and often more efficient to distribute.

Amrita Sen is chief oil analyst at Energy Aspects.

Good morning, Amrita. Good morning. Nice to see you. Once again he will

deliver on an election promise when it comes to his energy policy as it

were, give us your take. A couple of things over here, he probably

doesn't understand a lot of the jurisdiction and over oil, gas and

coal doesn't sit with the federal government, it is at these state

level. Even if he does turn some of the things Obama put in place, it

doesn't necessarily have the sweeping fracture he talked about,

like even the leases he's talking about or even a lot of the methane

regulation that he wants to reverse. Of course the EPA side of things and

the Clean Power Plan act, he will go ahead with an executive order, but

unfortunately with a lot of those things, this is liable to be

challenged in court by a lot of groups. This could take 18 months to

two years to overturn. In terms of his goal, to boost jobs, to provide

jobs for those who are desperate, who wanted to vote for a president

that would boost their community again, the coalmining community,

that has totally been allowed to mothball as it were. Will that be

one of the outcomes? The problem with coal, generally at around the

world there's an Andy Cole sentiment and coal faces a lot of stiff

competition, prices have come down around the world really -- anti-

coal. The biggest resource in the US now is gas and the idea was to

replace a lot of these coal plants with cheaper gas. If anything you

could CAA struggle where you seeing lots of job losses in the coal

sector but then if you take jobs away from the gas sector the net

effect won't necessarily be positive -- you could see a. It will take

time and he will be challenged. Yes, by people who support the CPP. Will

there be an outcome, any change, or will we CAA situation like Obamacare

where he moves on because it's too difficult -- will we see a. Methane

emissions at the wellhead level for oil and gas producers, there are

things in process at the moment can reduce those small acts, but

overturning the CPP will be more challenging and it will be a long

drawnout process, lots of court hearings and appeals from different

groups. Amrita, nice to see you, see you again soon. As ever, watch this

space, we will keep you up to date. Uber's self driving cars have

returned to the roads in the US after a crash in Arizona left one

of the vehicles on its side. The firm had initially

suspended the programme but now says it believes

the vehicles are safe. reporter Dave Lee has

the latest. According to the police, Uber's of

driving car wasn't to blame for the collision. Instead it was a human

driver in another car that failed to give way -- self driving. Nobody was

seriously hurt in the crash but Uber has halted the experiments of self

driving cars as a precaution. They say they are confident now that

vehicles are states of vehicles have returned to public roads. That

include San Francisco where the self driving experiments were cut short

because of a dispute between local authorities and Uber over the safety

permit the company needed. Uber will no doubt be relieved to have its

vehicles back on the road so quickly after the crash. It can't afford any

delay in testing it it's to make self driving tech and everyday

reality. However, it's not safety concerns that pose the biggest

threat to Uber's autonomous ambitions. Last month a self driving

companies spun out of Google announced it was suing Uber for

allegedly stealing its self driving technology. Uber denies the

allegation. Dave Lee, BBC News, Silicon Valley.

American Airlines and China's biggest carrier by passengers,

China Southern, have agreed a strategic partnership.

The US airline will buy $200 million worth of shares

in the Chinese firm and will seek to increase cooperation.

Nice to see you. Fill us in. The $200 million investment, Sally, is

equivalent to a 2.7% stake in China Southern, the mainland's biggest

carrier. If you look at the percentage, it's not a major

investment but it gives American Airlines a foothold in the mainland

market to capture more traffic between the US and China through

arrangements like codesharing. China is one of the biggest sources of

tourists to the US with Chinese carriers aggressively expanding

their fleets and range of overseas destinations to cater for the strong

growth in traveller numbers. So this partnership is exacted to improve

access to smaller cities, increasing the number of routes both groups can

offer between the world's two largest travel markets. China also,

Sally, is the fifth biggest source market for tourism to the US and

Chinese visitor arrivals are forecasted to more than double by

2021. China Southern is the last of China's three major airlines to

bring in a strategic investor outside of China. Firstly you have

Hong Kong's Cathay Pacific, holding 80% in flag terrier air China, while

Delta airlines bought a 3.6% stake in China Eastern in 2015 -- carrier.

-- Air China. Disproves the mainland market is becoming important for

many of the global carriers. Absolutely. -- this proves. We will

see you again soon. South Africa's Finance Minister

is due to arrive home in the next few hours after he was urgently

recalled from a meeting in London The move has fuelled concerns

there may be a cabinet reshuffle, which analysts say has

unnerved investors, who see Pravin Gordhan

as an emblem of stability. The EU's health commissioner says

Brazil needs to restore trust in its meat exports after being hit

by a scandal over rotten produce. A number of countries have slapped

restrictions on Brazilian imports. The country has seen its daily meat

exports plunge by 19%. The company that built

a controversial pipeline under Native American tribal land says

it is now full of oil and will be Construction of the stretch

of pipeline in North Dakota was delayed by protests

and legal action. It was completed after

President Trump signed an executive order within days of taking

office in January. The UK's Brexit Minister has

downplayed suggestions the country will pay an bill of around

$60 billion dollars for

leaving the EU. David Davis says while Britain

will meet its international obligations, he doesn't think that

sort of money will change hands. The cost of the divorce! That's not

the last we will hear about that. In fact we will talk about that in the

paper review in a moment. So a change of scenery for markets in

Asia after falls on Monday, you can see we have seen games right

across-the-board. The yen has moved a little versus the dollar, and the

price of oil is up around 0.5% -- gains. Part of the reason for the

change is people getting their nerve back on Wall Street the night before

after serious falls on Friday. The real concern was the fact Trump

didn't get through his changes to the healthcare reforms. That unknown

people, it seems people have got over that disappointment. I'll be

back shortly for a look at the papers. I'll see you then but now,

back to Ben.