Included in the new rule is the creation of a climate protection program that will phase down the production and consumption of hydrofluorocarbons by 85% within the next 15 years.
despite the president's $3.5 trillion reconciliation package, which includes an overhaul on climate policy, facing broad opposition from Republicans in Congress.
It's expected the phase down will reduce emissions by the equivalent of 4.5 billion metric tons of carbon dioxide by 2050. According to the EPA officials, that's equal to nearly three years of emissions from the U.S. power sector.Reducing HFCs is part of the Biden administration's efforts to reduce the effects of climate change while also generating jobs, a key sticking point of his climate policy initiatives.
The rule also establishes an allowance and trading program to reduce HFCs. In accordance with the AIM Act, companies need an allowance to produce or import any HFCs or HFC-related products. The agency will have the allocation amounts distributed to each company by Oct. 1, according to Joseph Goffman, EPA acting assistant administrator.
"It's great for U.S. industry which are the innovators of the new products. It's great for the economy for jobs and that, but it's also great for the environment," Yurek said."It's a win-win for everybody." Danielle Wright, the executive director of the North American Sustainable Refrigeration Council, which works to promote the transition to natural refrigeration agents such as ammonia, said there is no doubt that this rule is an important first step.But the key about the rule is that it is a phase down, not a phase out, she said. It does not create a cost-effective pathway for companies to transition to the gases that have the lowest impact on the climate: natural refrigerants.
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