ACHRNEWS

Carrier Signs Onto Clinton Climate Initiative

February 18, 2008

NEW YORK - Carrier Corp. announced during the Air Conditioning, Heating, and Refrigerating Exposition that it has signed a Memorandum of Understanding (MOU) with the Clinton Climate Initiative (CCI) to provide its energy-efficient, non-ozone-depleting, water-cooled chillers to qualified C40 cities and private building owners in the C40. Carrier, a unit of United Technologies Corp., is the first HVAC company to sign an MOU with the CCI for energy-efficient products.

The CCI is a project of the William J. Clinton Foundation. The C40 is an association of large U.S. and international cities that have committed to tackling climate change and have pledged to accelerate their efforts to reduce greenhouse gas emissions and serve as models for other cities.

The MOU results in discounts on these products to C40 cities and other CCI partners, thereby improving the payback on chiller replacements.

The MOU is aligned with the CCI Energy Efficiency Building Retrofit Program, launched May 2007, that provides cities and private building owners with access to financing terms to retrofit existing buildings with more energy-efficient systems.

“Both Carrier and CCI recognize that it is imperative to accelerate the adoption of new, affordable, energy-saving technologies in the C40 cities which comprise nearly half of the global population, consume 75 percent of the world’s energy, and produce nearly 80 percent of its greenhouse gas emissions,” said Kelly Romano, president, Building Systems and Services (BSS), Carrier Corp.

Under the program, Carrier will leverage its global sales and distribution organization to provide technical support and systems design, in addition to offering water-cooled chillers for replacement equipment, in response to tenders issued by CCI-approved entities such as mechanical contractors and energy service companies.

For more information, visit www.clintonfoundation.org.

Publication date: 02/18/2008