You are currently viewing 3 million dollar prize offered for development of better air conditioners

“Air conditioning units are harmful to the environment, according to a new report. The number of AC units may swell from 1.2 billion worldwide today to 4.5 billion by 2050–and household air conditioning, alone, could push global warming up half a degree by the end of the century, the Global Cooling Challenge Report states.

So, entrepreneur Richard Branson launched both the report and the Global Cooling Prize, a $3 million competition to spur new technology.”

Get the details on the requirements for winning here.

It will be interesting to see if this prize is incentive enough for startup companies to pursue a better air conditioner. Lately, global warming and climate change has been discussed on a regular basis due to higher than normal temperatures. A half a degree might not seem like much in the grand scheme of things, but there are many ecosystems that are extremely sensitive to such changes.

Apple Valley Eagan Appliance offers service agreements for AC maintenance and repairs. Even though we are heading into the colder months, we would still love to hear from you regarding your AC units! Call us at 952-953-0080 or visit our website for more information.