Trump reverses grocery, air conditioning pollution regulations because they're too woke | Fortune
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Trump reverses grocery, air conditioning pollution regulations because they're too woke | Fortune
The Trump administration loosened federal rules requiring grocery stores and air-conditioning companies to reduce greenhouse gases used in cooling equipment. The Environmental Protection Agency action delays costly restrictions that limit the refrigerants U.S. businesses and families can use. The change relaxes Biden-era regulations on HFCs emitted by refrigerators and other appliances. The administration framed the move as a way to reduce consumer costs and address cost-of-living concerns ahead of November elections. The impact on grocery prices is unclear, and industry groups warned it could raise prices because manufacturers have already redesigned products and retooled factories for next-generation refrigerant equipment. Inflation has risen to 3.8% annually in April, outpacing wage gains amid oil and gasoline price pressures.
"The Trump administration on Thursday loosened federal rules that require grocery stores and air-conditioning companies to reduce greenhouse gases used in cooling equipment, a step President Donald Trump said would help lower grocery costs. Trump, at a White House ceremony, said the action by the Environmental Protection Agency would "substantially lower costs for consumers" by delaying costly restrictions that limit the type of refrigerants U.S. businesses and families can use."
"The move to relax the Biden-era rules on harmful pollutants known as HFCs emitted by refrigerators and other appliances was the latest attempt by the Trump administration to try to address rising voter concerns over the cost of living ahead of pivotal elections in November. It is not clear how much or how quickly the loosening of the refrigerant rule might impact grocery prices."
"Industry groups said the move could even raise prices because manufacturers have already redesigned products, retooled factories and trained workers to build and service next-generation refrigerant equipment. The Biden-era regulation was "unnecessary and costly and actually makes the machinery worse," Trump said at a ceremony joined by top executives from Kroger, Piggly Wiggly and other grocery chains."
"The EPA action will protect hundreds of thousands of jobs and save Americans more than $2 billion a year, he said. The Air-Conditioning, Heating and Refrigeration Institute, which represents more than 330 HVAC manufacturers and commercial refrigeration companies, said the change in approach would "inject uncertainty across the market" and could even raise prices. "This rule works against basic supply and demand," said Stephen Yurek, the"
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