What are the benefits to companies of phasing out Ozone depleting substances?

0
Posted

What are the benefits to companies of phasing out Ozone depleting substances?

0

There are two main reasons to convert to Ozone-friendly technologies as soon as possible. The first is environmental benefit: the total chlorine and bromine loading in the atmosphere will determine how severe Ozone depletion will become and how long it will last. The sooner emissions are stopped; the faster the Ozone layer will repair itself. Only if all companies and all countries cooperate in a rapid phase out of ODS can even more severe Ozone depletion be avoided. The second is economic benefit: under the terms of the Montreal Protocol, most production of CFCs and halons will cease in the near future. Trade restrictions will further limit supplies. What is left on the market will become scarce and expensive. Companies that abandon ODS early could benefit from lower costs. Industries that switch to Ozone-benign technologies could benefit from consumer demand for Ozone-friendly products. Users of ODS-containing equipment, such as air conditioners and refrigeration units, could save co

Related Questions