Statements from CEO of Chicago-based Whitney Architects and E2 Director of Federal Advocacy
WASHINGTON (March 3, 2020) – As the Senate Energy Package (S. 2657) moves to the floor this week, more than 200 architects, engineers and contractors from across the country sent a letter to all senators urging them to include the Kennedy-Carper amendment that would transition the US away from the harmful chemicals called hydrofluorocarbons (HFCs) by adding the AIM Act (S. 2754) to the package. The unique letter was organized by the national nonpartisan business group E2 (Environmental Entrepreneurs).
Building energy usage accounts for nearly 40 percent of global energy consumption, and buildings play a key role in high HFC emissions. As the building professionals point out, HFCs – which pound for pound have hundreds to thousands of times the heat-trapping impact of carbon dioxide – leak into the atmosphere from air conditioners and industrial refrigeration units during the lifetime of equipment and at the time of replacement and disposal. Phasing out HFCs and replacing them with more climate-friendly materials would drive innovation, investment and jobs, according to the business leaders.
Following is a statement from Mark Stenftenagel, E2 member and CEO of Whitney Architects in Chicago:
“By transitioning away from HFCs, Congress has the chance to not only address a critical environmental need but also grow the U.S. economy for the long term.
“As an architect and business owner, I know now is a key opportunity for American companies to lead the worldwide transition away from HFCs, and the sooner we can make this change the more our economy and customers will benefit.”
Following is a statement from Sandra Purohit, E2 Federal Advocacy Director:
“Leading the global transition away from HFCs would create tens of thousands of new American jobs while also adding billions to America’s manufacturing output. We look forward to working with Congress to ensure these key provisions are included in the new energy package this year.”
Additional Information:
As the letter to Congress outlines, a national HFC phase down in this amendment will allow the US to lead the global transition and:
- Create 33,000 new manufacturing jobs and help sustain 138,400 existing jobs;
- Increase direct manufacturing output by $12.5 billion and total manufacturing output by $38.8 billion;
- Improve the U.S. trade balance in equipment and chemicals by $12.5 billion; and
- Increase the U.S. share of the global export market by 25 percent.
For more info, please contact Michael Timberlake at (202) 289-2407 or mtimberlake@e2.org.
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Environmental Entrepreneurs (E2) is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. Our members have founded or funded more than 2,500 companies, created more than 600,000 jobs, and manage more than $100 billion in venture and private equity capital. For more information, see www.e2.org or follow us on Twitter at @e2org.