Current:Home > StocksThe U.S. ratifies treaty to phase down HFCs, gases trapping 1,000x more heat than CO2 -Mastery Money Tools
The U.S. ratifies treaty to phase down HFCs, gases trapping 1,000x more heat than CO2
View
Date:2025-04-16 07:58:47
Nearly six years after the United States helped negotiate it, the Senate has ratified a global climate treaty that would formally phase down the use of hydrofluorocarbons, or HFCs, industrial chemicals commonly found in air conditioners and refrigerators, insulating foams and pharmaceutical inhalers.
The Kigali Amendment, an addition to the Montreal Protocol climate treaty, aims to drastically reduce the global use of the compounds.
"This measure will go a long way to lowering global temperatures while also creating tens of thousands of American jobs," Senate Majority Leader Chuck Schumer said before Wednesday's vote, which passed 69-27.
HFCs were widely adopted in the 1980s and 1990s to replace another family of chemicals, chlorofluorocarbon, or CFCs, which damage the Earth's ozone layer. But after the switch, HFCs emerged as some of the most potent greenhouse gases, hundreds to thousands of times more potent than carbon dioxide.
Successfully phasing out HFCs around the globe could reduce warming by up to 0.5 degrees Celsius (or about 1 degree Fahrenheit) by the end of the century, according to the Environmental Protection Agency. As the world struggles to limit warming this century to 1.5 degrees Celsius to try to avoid several catastrophic tipping points, half a degree can make a major difference, said scientists.
The U.S. is already taking steps to eliminate HFCs
Reducing HFCs is one area of climate policy where environmentalists, manufacturers and politicians tend to agree.
"Stakeholders, from business to environmental groups, have urged the Senate to ratify the strongly bipartisan Kigali Amendment," said Stephen Yurek, president and CEO of the Air-Conditioning, Heating, and Refrigeration Institute, a trade organization.
Republicans have supported the phase-down as being good for business, while Democrats and climate activists praise it as good climate policy. The United States was involved in negotiating the terms of the amendment, which was signed in Kigali, Rwanda, in 2016, but never ratified it. More than 130 countries have signed on in some fashion, according to the United Nations.
The United States has already taken steps to adhere to provisions of the amendment before actually ratifying it. In December 2020, Congress passed the American Innovation and Manufacturing (AIM) Act as part of an appropriations bill. It empowers the EPA to enforce a phase-down of 85% of the production and consumption of HFCs over 15 years.
Industry groups such as the Alliance for Responsible Atmospheric Policy said the AIM Act is important, but that ratifying the amendment was still necessary to make American companies truly competitive.
"It's an enhancement of your market access. These are very competitive industries on a global basis, China being the fiercest," said executive director Kevin Fay.
His group estimated that ratifying the amendment would "increase U.S. manufacturing jobs by 33,000 by 2027, increase exports by $5 billion, reduce imports by nearly $7 billion, and improve the HVACR [Heating, Ventilation, Air Conditioning, and Refrigeration] balance of trade," by guaranteeing that U.S. companies will be adopting standards needed to sell products in countries that already ratified the measure.
On the climate side, there is some evidence that commitments to cut back on the use of HFCs are not being followed. A study published in Nature Communications in 2021 found that atmospheric levels of the most potent HFC, HFC-23, should have been much lower than what scientists detected if China and India, countries responsible for manufacturing the majority of the compound that turns into HFC-23, had accurately reported their reductions.
veryGood! (578)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Chiefs' Andy Reid, Patrick Mahomes explain Travis Kelce’s slow start
- Hurricane Helene threatens ‘unsurvivable’ storm surge and vast inland damage, forecasters say
- Shohei Ohtani 50/50 home run ball headed to auction. How much will it be sold for?
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- MLB blows up NL playoff race by postponing Mets vs. Braves series due to Hurricane Helene
- Americans are more likely to see Harris’ gender as a hurdle than they were for Clinton: AP-NORC poll
- Tommy Kramer, former Minnesota Vikings Pro Bowl QB, announces dementia diagnosis
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Pregnant Brittany Mahomes Shares “Best Picture” Ever Taken of Husband Patrick and Son Bronze
- Mark your calendars: 3 Social Security COLA dates to know for 2025
- Horoscopes Today, September 25, 2024
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Court throws out manslaughter charge against clerk in Detroit gas station shooting
- Kate Winslet Reveals Her Son's Reaction After Finally Seeing Titanic
- Companies back away from Oregon floating offshore wind project as opposition grows
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Jon and Kate Gosselin's Son Collin Gosselin's College Plans Revealed
Lady Gaga's Hair Transformation Will Break Your Poker Face
West Virginia’s new drug czar was once addicted to opioids himself
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Tommy Kramer, former Minnesota Vikings Pro Bowl QB, announces dementia diagnosis
Family asks for public's help finding grad student, wife missing for two months in Mexico
'Tremendous smell': Dispatch logs detail chaotic scene at Ohio railcar chemical leak