HVAC Breaking News

June 9, 2008: Coca-Cola Announces Commitment to CO2 Refrigeration

June 9, 2008
/ Print / Reprints /
ShareMore
/ Text Size+

BEIJING - Neville Isdell, chairman and CEO of The Coca-Cola Co., in remarks made at the Greenpeace China Business Lecture Series, announced that Coca-Cola and its bottlers will purchase and deploy 100,000 CO2 coolers by the end of 2010. According to the company, this will be the largest deployment of CO2 technology by any firm.

Isdell said, “This new commitment will multiply by a factor of 10 the number of CO2 units that we currently have on the market. Is it enough? No. Because our intention is to move all of our purchases of cold drink equipment towards being HFC-free.”

He called HFCs “a potent greenhouse gas” and said that Coca-Cola was one of the first companies to decide that its future would be HFC-free. Isdell said that his company spent nearly $40 million to identify and test the best alternative refrigerants, and it determined that the best alternative is CO2.

Isdell admitted that CO2 refrigeration is significantly more expensive at this time than HFC refrigeration, primarily because it does not have the production scale that HFCs have. However, the company is willing to invest in CO2 coolers at a premium price to help trigger the market and create “a supply base with the scale necessary to make CO2 refrigeration more affordable in the long run.”

In addition, Isdell issued a “call to action to our peers in the commercial refrigeration sector to join us in investing in CO2 systems.” He said that other companies have already stated their intention to move to HFC-free refrigeration and they’ve joined Coca-Cola in an initiative called “Refrigerants, Naturally!”

In conclusion, Isdell said that if all of the industry would work toward CO2 solutions, it would “start a virtuous cycle in which our demand builds capacity, capacity reduces price, and lower price spurs wider adoption that benefits our planet.”

Publication date: 06/09/2008

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.

Podcasts

NEWSMakers: Jeremy Begley

Jeremy Begley, home-performance specialist and Web and social media manager with National Heating and Air Conditioning Co. in Cincinnati discusses how and why you should add home-performance philosophies to your contracting repertoire. Posted on Sept. 12.

More Podcasts

ACHRNEWS

NEWS 09-15-14 cover

2014 September 15

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Venting R-22

The NEWS reported that a man received prison time for venting R-22. Should EPA step up enforcement?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con