On January 1, 2022, the U.S. Environmental Protection Agency’s (EPA) HFC Allowance Allocation and Trading program went into effect to reduce the production and importation of high-GWP HFCs by 85% over the next 15 years. This move will, in 2036 alone, prevent greenhouse gas emissions equivalent to one out of every seven vehicles registered in the United States, according to the EPA.
This increased regulatory engagement, in tandem with technological innovations, has many in the HVACR industry feeling pressured to reconsider their existing equipment and operations. However, this period of extraordinary industry change presents an opportunity to make thoughtful business decisions that operators can feel good about long-term.