Washington, D.C. — Marty Durbin, president of the U.S. Chamber’s Global Energy Institute, issued the following statement regarding an agreement announced today to allow legislation to phase down hydrofluorocarbons (HFCs) to proceed:
“The U.S. Chamber applauds the Senate agreement to phase down hydrofluorocarbons (HFCs). This is a win-win for America’s manufacturers and for reducing emissions that contribute to climate change. We congratulate Chairman Barrasso, Ranking Member Carper, and Senator Kennedy for their bipartisan leadership on this important bill for the business community, our nation, and the world.
“The legislation will allow the U.S. to meet its responsibilities under the Kigali Amendment to the Montreal Protocol over the next 15 years. This bipartisan proposal is expected to create new manufacturing jobs for American workers while growing the U.S. share of the world market for heating, air-conditioning, and refrigeration equipment by 25 percent. In addition, it will would dramatically reduce a significant source of emissions that contribute to climate change.”