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Ingersoll Rand Brings Expertise to UN Climate Change Convention
Supports Dialogue on Energy Policy to Fight Climate Change

Ingersoll Rand Brings Expertise to UN Climate Change Convention Supports Dialogue on Energy Policy to Fight Climate Change

Swords, Ireland, December 13, 2010 – This month, Ingersoll-Rand plc (NYSE: IR), a world leader in creating and sustaining safe, comfortable and efficient environments, joined the thousands of delegates and negotiators as part of the United Nations' Climate Change Conference, November 29 - December 10, in Cancun, Mexico.

The event is part of a series of long-term, strategic meetings that bring together global policymakers to decide and negotiate metrics, goals and targets to help reduce global greenhouse gas emissions.

"While the impact of global warming affects us all, nowhere are the consequences felt more strongly than in the developing world," said Jeff Moe, director of global policy and advocacy for the Center for Energy Efficiency and Sustainability (CEES) at Ingersoll Rand. "Climate change in the form of rising sea levels, shifts in growing seasons and increase of extreme weather can impact the health and economic well-being in these populations most dramatically. Understanding how today's technology can help offset energy usage, and associated greenhouse gas emissions, is paramount in managing the issue."

According to the International Energy Agency, global energy demand will grow 55 percent by 2030. If the world does not manage to balance these demands with greener energy investments by directing them into climate-friendly technologies, emissions will go up 50 percent by 2050, instead of down by 50 percent, as recomended by the scientific community .

Buildings, which represent nearly 40 percent of greenhouse gas emissions, must be an integral consideration for any successful greenhouse gas emissions strategy. New construction standards are needed, although the existing building segment represents the majority of the opportunity. Developing mandates, incentives, and awareness programs to drive significant energy efficiency improvements in the built environment can have immediate benefits in a way that can also be financially attractive to building owners.

Moe added, "In the fight against climate change, we also must continue to emphasize the benefits that can be gained by addressing energy usage in legacy buildings. In some instances, current technology can increase efficiency of legacy buildings by as much as thirty percent – still, not enough is being done to make improvements in these areas."

Recommendations that bring benefits in the short term
As part of its mission to engage external audiences on energy efficiency and sustainability, the CEES is joining with other business leaders of the Globe Alliance to inform and urge policymakers to increase the use of existing technology to deliver immediate greenhouse gas emission reductions, while also encouraging research and development of next generation solutions. By creating a positioning statement to establish an effective technology transfer mechanism, nations would be able to accelerate the adoption of energy saving technologies, especially in buildings.

Further, many members of the business community strongly support national policies that channel low-carbon investments into key sectors with high short-term mitigation potential, such as buildings, transportation and power sectors.

Using a multi-faceted approach that includes policy incentives, minimum standards, education awareness and market-based mechanisms will accelerate the transition to a low–carbon economy.

Green Building Education
During the course of the event, Jeff Moe, director of global policy and advocacy for CEES, participated in several open panel sessions. These include:

  • "Clean Energy Technologies for Developing Countries"
  • "Green Building Development in Developing Countries"
  • Conference and Media Networking
    Post event media interviews with Jeff Moe on Ingersoll Rand's climate change policy and/or green building technology solutions may be scheduled by calling Christopher Tessier +1 203 877-7216.

    # # #

    About Ingersoll Rand
    Ingersoll Rand (NYSE:IR) is a world leader in creating and sustaining safe, comfortable and efficient environments in commercial, residential and industrial markets. Our people and our family of brands — including Club Car®, Hussmann®, Ingersoll Rand®, Schlage®, Thermo King® and Trane® — work together to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and increase industrial productivity and efficiency. We are a $13 billion global business committed to sustainable business practices within our company and for our customers. The Center for Energy Efficiency and Sustainability at Ingersoll Rand is a global group of experts dedicated to integrating best practices for the long-term use of energy and other resources. More information is available at www.ingersollrand.com.

    Contact

    Christopher Tessier
    704-877-7216, christopher.tessier@irco.com

     
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