EPA to Ban HFCs in Cars, Grocery Stores for Fast Climate Mitigation
Washington, DC - July 11, 2014 (Investorideas.com renewable energy stocks newswire) The U.S. Environmental Protection Agency (EPA) announced yesterday a proposal to ban the use of hydrofluorocarbons (HFCs) where climate-friendly alternatives are available, starting with mobile air conditioners, food refrigeration systems, foam blowers, and aerosol propellants, as industry leaders have successfully developed and implemented alternatives in these sectors. The EPA's bans will cut the equivalent of 42 million metric tons of carbon dioxide (CO2). The first bans would start in 2016. The HFC ban in mobile air conditioning would start in 2020, for new 2021 model cars.
HFCs are potent greenhouse gases with global warming potentials hundreds to thousands of times higher than CO2, and are the fastest growing climate pollutants worldwide. HFCs have caused less than 1% of global warming to-date, but estimates project that without fast action they will cause as much as 0.5ºC of additional warming by the end of the century. HFC emissions have risen rapidly as they replace the hydrochlorofluorocarbons (HCFCs) and chlorofluorocarbons (CFCs) being phased out under the Montreal Protocol.
This is the second major step in the EPA's continued effort to reduce HFCs, referred to as "super greenhouse gases", under President Obama's Climate Action Plan. It follows a complementary proposal two weeks ago to approve new climate-friendly alternatives under EPA's Significant New Alternatives Policy (SNAP) Program. The US is pursuing aggressive action to phase down HFCs internationally as well, including proposing a global phasedown of HFCs under the under the Montreal Protocol. Fast reductions in HFCs globally by 2020 could provide the equivalent of up to 200 billion tonnes of CO2 in mitigation by 2050.
"The more the US does at home, the more credibility it has when it asks the rest of the world to follow its lead," said Durwood Zaelke, President of the Institute for Governance & Sustainable Development. "The EPA bans will knock out a major part of the HFC problem in the US, and demonstrate to other countries that superior alternatives are already available."
For more information:
EPA's Fact Sheet on the proposed rule is here.
EPA's Press Release is here.
IGSD's Primer on HFCs is here.
Durwood Zaelke email@example.com, (202) 498-2457; Katie Fletcher firstname.lastname@example.org, (202) 338-1300
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.