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HVAC Breaking News

April 10, 2014: Rapid Recovery Is Issued Calif. Carbon Offset Credits

This Is the First Release of Offsets Issued Under the California Cap and Trade Program

April 10, 2014

PEORIA, Ariz. — Rapid Recovery, a nationwide refrigerant recovery and reclaim company, announced that it has been issued carbon offset credits from the California Carbon Exchange. These offsets are the financial instruments that carbon emitters can use to meet their emission reduction requirements. This is the first release of offsets that have been issued under the California Cap and Trade Program. Out of the dozens that applied, Rapid Recovery was one of only four companies to be issued offsets.

“It has been a very long and difficult road for all of the companies pursuing this. With this first issuance, the market makers will finally begin to see some return on the effort and investment they’ve made these past years to qualify for this,” said Rich Dykstra, chief operating officer of Rapid Recovery.

“Congratulations to all our people at Rapid Recovery and our customers. This honor would not have been possible without the team effort of sales, recovery, transportation, tracking, and processing of these carbon gases. Global warming is driven by human activity, an established fact. Compared to what the average U.S. citizen can do about it, what our customers and Rapid Recovery do every day has a massive impact on the environment. We are very proud of the fact that our customers’ commitment to refrigerant recovery has meant that we recovered more than 5 billion pounds of carbon equivalents last year,” said Dykstra.

For more information, visit www.raprec.com.

Publication date: 4/7/2014

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KEYWORDS: California Codes & Legislation carbon offset credits refrigerant recovery

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