HVACR industry to pledge $5 billion in research, says AHRI
AHRI made a bold announcement today during a White House event. Stephen Yurek, president and CEO of the Air-Conditioning, Heating, and Refrigeration Institute, announced that the HVACR industry will invest $5 billion in research and development funds over the next decade to develop the next generation of refrigerants and the air conditioning and refrigeration equipment in which they will be used.
The event, sponsored by the White House Council on Environmental Quality, highlighted the positive work by the private sector in developing alternatives to high global warming potential (GWP) refrigerants.