Trump Announces Easing of HFC Restrictions, Chemours Shares Down Over 6%
President Trump will announce Thursday that his administration is easing restrictions on the potent planet-warming chemicals used in air-conditioners and refrigerators - restrictions put in place because of a bipartisan law Trump signed during his first term in office, The New York Times' Lisa Friedman reports. The move would slow plans to phase out hydrofluorocarbons, synthetic substances sometimes referred to as "super pollutants" because of their enormous effect in driving climate change, the author notes. Shares of Chemours are trading down over 6% at $20.86 in morning trading.
