Ingersoll Rand Chief Technology Officer Speaks at 2017 Great Energy Efficiency Day Forum
Paul Camuti discussed driving economic prosperity through energy efficiency
DAVIDSON, N.C., February 9, 2017 /3BL Media/ – Paul Camuti, senior vice president of innovation and chief technology officer of Ingersoll Rand, a world leader in creating comfortable, sustainable and efficient environments, joined other energy efficiency industry leaders at Alliance to Save Energy’s Great Energy Efficiency Day (GEED) 2017 on Feb. 8 in Washington, D.C.
Camuti, with representatives from California Energy Commission, Southern Company Services and New York State Energy & Research Development Authority discussed “Beyond the Beltway: Subnational & Private Sector Leadership in Energy Efficiency.” The topic elaborated on the strong business case for energy efficiency, as well as discussed legislative opportunities that will increase energy productivity and advance the U.S. economy.
“Customer expectations are changing faster than ever before — not only in mature economies around the world but in developing nations as well,” said Camuti. “The key is to help society address the issues of energy productivity and climate change by providing greater access to solutions that exist today.”
Launched in 2004, GEED continues to be a public discussion on the need for, and benefits of, energy efficiency. Each year the event draws stakeholders from business, industry, government and academia to offer their unique industry perspectives.
Ingersoll Rand Climate Commitment
Ingersoll Rand made a commitment to significantly reduce greenhouse gas (GHG) emissions from its products and operations by 2030. The company’s Climate Commitment pledges to:
- Cut the refrigerant GHG footprint of its products by 50 percent by 2020 and incorporate lower global warming potential (GWP) alternatives across its portfolio by 2030;
- Invest $500 million in product-related research and development over the next five years to fund the long-term reduction of GHG emissions; and
- Reduce company operations-related GHG emissions by 35 percent by 2020.
To date, the commitment has supported the avoidance of approximately 2 million metric tons of CO2e globally, which is the equivalent of avoiding annual CO2 emissions from energy used in more than 270,000 homes or more than 2.1 billion pounds of coal burned. In support of the commitment, Ingersoll Rand launched EcoWise™, a portfolio of products designed to lower environmental impact with next-generation, low-global warming potential refrigerants and high efficiency operation. By 2030, the company expects to reduce its carbon footprint by 50 million metric tons.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by creating comfortable, sustainable and efficient environments. Our people and our family of brands — including Club Car®, Ingersoll Rand®, Thermo King® and Trane® — work together to enhance the quality and comfort of air in homes and buildings; transport and protect food and perishables; and increase industrial productivity and efficiency. We are a $13 billion global business committed to a world of sustainable progress and enduring results. For more information, visit www.ingersollrand.com.
