Cargill to Work With EOS Climate to Curb Emissions from Aging Refrigerators and Air Conditioners - Press Releases: PR Newswire: Chemical - SunHerald.com
MINNEAPOLIS, April 13, 2011 -- /PRNewswire/ -- Cargill will be a financial and exclusive marketing partner for the tradable emission credits generated by San Francisco-based EOS Climate, a company which uses market-based incentives to prevent emissions of harmful greenhouse gases (GHGs) associated with older refrigerators and cooling systems.Cargill, Incorporated: Information from Answers.com
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"Cargill's innovation in the carbon sector continues through this important alliance with EOS Climate," said Cargill's carbon market strategist, Arjun Patney. "We're leveraging carbon finance to prevent these harmful gases from depleting the ozone layer and trapping heat in the atmosphere, while incentivizing conversion to newer refrigeration and cooling systems that are more energy efficient."
Cargill's relationship with EOS Climate is an extension of the company's global efforts to support the development of efficient carbon markets. Cargill is an active trader of credits in the European Union Emissions Trading System (EU ETS), and other regulated and voluntary markets globally.
The agribusiness giant, the largest private corporation in the US, has operations in about 70 countries.
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