The AC Industry Conundrum: Cooling Is Warming the Planet, but Market Failures Are Preventing the AC Industry from Innovating

This summer a new record was set in Quriyat, Oman for hottest overnight low temperature ever recorded—42.6ºC (108.7ºF). With global temperatures projected to rise 2–5oC by the end of the century, and urban areas experiencing temperatures 1–3ºC warmer than their surroundings, parts of the world will be unendurable during the summer months. Already a staggering 2.2 billion people, 30 percent of the world’s population, are at risk of potentially deadly heat exposure for more than 20 days per year; and by 2100, up to three-quarters could experience this risk. Comfort cooling, such as air conditioning, is no longer a luxury, but increasingly a necessity for health, productivity, and at the extreme, survival. Read more here

September 17, 2018The AC Industry Conundrum: Cooling Is Warming the Planet, but Market Failures Are Preventing the AC Industry from Innovating (Rocky Mountain Instit.)


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