Residential geothermal contractors have relied on tax credits since 2005, but the One Big, Beautiful Bill Act will end the 30% credit in 2025. A previous credit removal in 2016 caused a 45% sales drop, leading to pessimism for 2026. However, demand for geothermal remains strong.
Carrier will accelerate this momentum in 2026 by supporting 14 reforestation projects, organizing global volunteer tree-planting events and hosting an educational webinar with the Arbor Day Foundation.
Decarbonizing the building sector will require a massive, strategic, and coordinated effort by the public and private sectors, states the National Institute of Building Science's 2022 Moving Forward Report.
United Technologies Corp. (UTC), the parent company of Carrier Corp., recently opened the new UTC Center for Intelligent Buildings in Palm Beach Gardens, Florida.
SWORDS, Ireland – Ingersoll Rand announced that it has achieved a significant milestone in its global Climate Commitment ahead of schedule and is deepening its commitment with on-site and off-site renewable energy investments.