Beyond the ultra-warming effect of refrigerants, cooling uses enormous amounts of energy.

Source: https://www.forbes.com/sites/forbesbusinesscouncil/2023/07/14/the-role-of-businesses-in-creating-more-environmentally-friendly-cooling-systems/

In the long term, the company's revenues are poised to benefit from secular growth trends, particularly related to heat exchangers, natural refrigerants, and the biopharma business.

Source: https://seekingalpha.com/article/4606416-dover-looks-attractive-current-valuations?source=feed_all_articles

Most refrigerants, including newer formulations, affect ozone and can have other environmental impacts if a leak develops in the pump’s system.

Source: https://vtdigger.org/2023/04/01/letter-to-the-editor-what-about-unintended-consequences-of-heat-pumps/

The emissions from both the refrigerants and the energy used in cooling now account for about 7% of global greenhouse gas emissions, and are expected to triple by 2050 as temperatures continue to rise.

Source: https://www.japantimes.co.jp/environment/2023/10/20/sustainability/global-cooling-pledge/

There are currently two commercially available and EPA-approved refrigerants that can meet the proposed rule: R-32 and R-454B.

Source: https://energycentral.com/c/ec/big-changes-afoot-heat-pumps

These chemicals are commonly utilized as refrigerants in various cooling systems, including refrigerators, heat pumps, and air conditioners.

Source: https://www.shockya.com/news/2023/07/15/biden-administration-imposes-strict-rules-on-air-conditioning-units-experts-warn-americans-of-rising-costs-to-stay-cool/