Coca Cola, PepsiCo, DuPont, Honeywell Partner with White House to Reduce HFCs

Coca Cola, PepsiCo, DuPont, Honeywell Partner with White House to Reduce HFCs

by Vikas Vij

Multimedia from this Release

Friday, September 19, 2014 - 4:00pm



Hydrofluorocarbons (HFCs) are a potent greenhouse gas used in refrigeration, air conditioning and insulation. HFCs are 10,000 times more potent than carbon dioxide, which is the most common greenhouse gas. Under the United Nation’s Montreal Protocol, there is an increasing level of support to phase out HFCs globally. However, the use of these ozone-depleting HFCs is growing at a rate of up to 15 percent every year in the United States.

Just ahead of the United Nations Climate Summit in New York City, the White House has taken cognizance of the serious environmental threat posed by the use of HFCs in the refrigeration and air conditioning industry, where the U.S. is the world’s largest producer. The U.S. administration has announced a series of voluntary corporate sector commitments and executive actions to phase out the use of HFCs, which would cut back an equivalent of 700 million tons of carbon dioxide through 2025.

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Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.