Johnson Controls CEO to chair Business Roundtable committee
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George Oliver
George Oliver, the chairman and chief executive officer of Johnson Controls International, will lead the Business Roundtable’s energy and environment committee, the company announced this week. Oliver said he is looking forward to working with…
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Business Roundtable’s energy and environment committee, the company announced this week.Oliver said he is looking forward to working with fellow CEOs “to support policies that preserve our environment and maximize our energy options.” Climate change is one of the greatest challenges facing the planet today. Business Roundtable believes that businesses are an essential part of the solution and calls for collective action and policies to drive innovation, significantly reduce greenhouse gas emissions and limit global temperature rise, Oliver said.The Business Roundtable is an association of chief executives at leading American compa
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NEW YORK, Jan. 20, 2021 /PRNewswire/ Recently, the U.S. Department of Energy (DoE) implemented new efficiency standards for residential furnaces, setting the minimum airflow efficiency requirement for such equipment, in order to reduce the consumption of electricity. Owing to such measures, the U.S. HVAC services market is set to grow from $25,625.8 million in 2019 to $35,714.5 million by 2030, at a 3.1% CAGR between 2020 and 2030, according to P&S Intelligence.
Regular servicing and maintenance are considered essential for running any appliance or machine smoothly, which is the major reason the U.S. HVAC services market is receiving a boost from such guidelines. By encouraging people to keep their HVAC systems working as efficiently as possible, in terms of electricity usage, the DoE hopes to reduce the country s carbon emissions by 34 million metric tons.