This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Carrier End-of-Life Refrigerant Management Program With EOS Climate Generates More Than 100,000 Metric Tons Of Verified Greenhouse Gas Emission Reductions

FARMINGTON, Conn., March 13, 2014 /PRNewswire/ -- Just two years after Carrier entered into an agreement with EOS Climate, Inc. to ensure responsible end-of-life management of used refrigerants, the program has prevented 111,000 metric tons of greenhouse gas emissions, equivalent to removing 23,000 passenger vehicles from the road for a year. Carrier, the world's leader in high-technology heating, air-conditioning and refrigeration solutions, is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp. (NYSE: UTX).

"This is a significant accomplishment that builds on a long history of innovative, natural leadership," said John Mandyck, chief sustainability officer, UTC Building & Industrial Systems. "Twenty years ago Carrier pioneered the phase-out of legacy refrigerants well in advance of U.S. and international requirements. While that decision set the standard moving forward, I'm proud that the company continued driving toward a more comprehensive solution that incorporates the responsible management of the refrigerants of our past."

For decades, the industry relied on chlorofluorocarbon refrigerants due to their energy efficiency, safety and economic benefits. In the 1970s and 1980s, scientists began to observe that CFCs contributed to the depletion of the Earth's stratospheric ozone layer that blocks harmful ultraviolet radiation from the sun. Carrier introduced the first commercial and residential air conditioning systems using non-ozone depleting refrigerants two years ahead of U.S. regulatory requirements and 16 years ahead of developing country laws.

Through its relationship with EOS Climate, used CFC refrigerants and their resulting greenhouse gases are destroyed in compliance with standards established by the Climate Action Reserve and the California Air Resources Board. To date, the destroyed CFCs have resulted in an environmental benefit equal to the avoided CO 2 emissions from over 15,000 homes' annual electricity usage while helping to restore the ozone layer and accelerating the transition to advanced, efficient technologies.

"EOS is excited about this milestone. We hope to build on our partnership with Carrier as we create innovative solutions to managing refrigerants across their lifecycle," said Matt Jones, CEO, EOS.  "These projects illustrate multiple wins - for facility and equipment owners, their customers, and most of all, for the environment."

The program is part of EOS Climate's Refrigerant Revolution™, a partnership of leading industry companies working to revolutionize end-of-life refrigerant management. Organizations have the opportunity to  move above and beyond compliance requirements toward complete life-cycle management and demonstrate environmental and sustainability leadership.

The program is available to all Carrier commercial customers. To learn more about responsible refrigerant management, visit or follow Carrier on Twitter: @CarrierGreen.

About Carrier Founded by the inventor of modern air conditioning, Carrier is the world's leader in high-technology heating, air-conditioning and refrigeration solutions. Carrier experts provide sustainable solutions, integrating energy-efficient products, building controls and energy services for residential, commercial, retail, transport and food service customers. Carrier is a part of UTC Building & Industrial Systems, a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit or follow @CarrierGreen on Twitter.

SOURCE Carrier

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs