Trump eases refrigerant rule in a bid to address surging grocery costs

Category: Business

Listening

Unlocking Word Meanings

Read the following words/expressions found in today’s article.

  1. refrigerant / rɪˈfrɪdʒ ər ənt / (n.) – a special chemical to make things cold or to keep them cool
    Example:

    Many companies are now inventing safer, eco-friendly refrigerants for modern cooling systems.


  2. retool / riˈtul / (v.) – to change, replace, or update the equipment, instruments, and machines in a factory
    Example:

    The car company retooled its factory to build electric vehicles instead of gas cars.


  3. inflation / ɪnˈfleɪ ʃən / (n.) – a continuous increase in the prices of daily goods and services over time
    Example:

    High inflation has made it very difficult for young families to afford rent and food.


  4. sweeping / ˈswi pɪŋ / (adj.) – affecting a very large number of different things all at once
    Example:

    A sweeping tax on all electronics brought in from other countries caused their prices to go up very fast overnight.


  5. phase out (something) / feɪz aʊt / (phrasal v.) – to stop using, making, or doing something slowly and carefully in different steps or stages over a period of time
    Example:

    The factory is phasing out the old television model as they introduce a newer model.


Article

Read the text below.

The Trump administration loosened federal rules requiring grocery stores and air-conditioning companies to reduce greenhouse gas emissions from cooling equipment, a step that President Donald Trump said would help lower grocery costs.


Trump said at a White House ceremony that the action by the Environmental Protection Agency (EPA) 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 hydrofluorocarbons, or HFCs, emitted by refrigerators and other appliances, was the latest attempt by the Republican administration before pivotal elections in November to try to address rising voter concerns over the cost of living.


It is not clear how much or how quickly grocery prices could be impacted. Industry groups said it could even raise prices because manufacturers have already redesigned products, retooled factories, and trained workers to build and service next-generation refrigerant equipment.


Inflation in the United States increased to 3.8% annually in April, amid price spikes caused by the Iran war and Trump’s sweeping tariffs. Inflation is now outpacing wage gains as the war has kept oil and gasoline prices high.


The regulation from the Democratic Biden administration 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. He said the EPA action would protect hundreds of thousands of jobs and save Americans more than $2 billion a year.


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 group’s president and CEO. “By extending the compliance deadline” for phasing out HFCs, the administration “is maintaining and even increasing demand in the market for existing refrigerants while supply continues to fall.”


The net result will be “higher service costs and higher costs for consumers,” he said.


This article was provided by The Associated Press.


Viewpoint Discussion

Enjoy a discussion with your tutor.

Discussion A

  • The US government decided to delay environmental rules on refrigerators to try to help lower grocery prices for everyday shoppers. In your opinion, when a country is facing high inflation, is it acceptable for the government to pause or delay climate change laws if it means helping families save money on everyday needs? Why or why not? If you had to choose between protecting the planet and cutting your monthly food bills right away, which one would you pick right now? Why? Discuss.
  • There is a direct conflict between political administrations, with the current administration canceling rules established by the previous one to address the cost of living before the next elections. Do you think it is right for leaders to change long-term environmental strategies to solve short-term economic problems? Why or why not? How do you think frequent policy changes between different political leaders affect the public’s trust in government regulations? Discuss.

Discussion B

  • The article states that grocery prices could actually rise because manufacturers have already redesigned products and retooled factories to build next-generation refrigerant equipment. In your opinion, is it fair for the government to suddenly change a law after businesses have already spent a lot of money to follow it? Would you personally feel confident putting your money into or running a business in a country where industry rules change so quickly? Why or why not? Discuss.
  • When a government policy helps one major industry but hurts another, how should leaders decide what is fair? Why do you think it is so difficult for politicians and business leaders to agree on whether a specific policy change will help or hurt the economy? Discuss.