NEW YORK—Honeywell, a global energy services provider, announced that it has joined the Clinton Climate Initiative in an effort to help cities around the world improve the energy efficiency of buildings and decrease greenhouse gas emissions. Honeywell joined former President Bill Clinton and mayors of the world’s largest cities in New York City to announce the initiative. Buildings are a major global consumer of energy and Honeywell will work with the participating cities to identify and implement conservation opportunities in their facilities.
“Climate change is a global problem that requires local action,” said President Clinton. “The businesses, banks and cities partnering with my foundation are addressing the issue of global warming because it’s the right thing to do, but also because it’s good for their bottom line. They’re going to save money, make money, create jobs and have a tremendous collective impact on climate change all at once. I’m proud of them for showing leadership on the critical issue of climate change and I thank them for their commitment to this new initiative.”
“Honeywell is proud to put our energy management experience to work as part of this global effort,” said Joe Puishys, president of Honeywell Building Solutions. “Working together, we can help cities cut their energy costs, create more efficient facilities and reduce their environmental impact.”
Overall, nearly 50 percent of Honeywell’s product portfolio companywide is linked to energy efficiency, including turbocharged diesel vehicles, smart controls for buildings and houses, and other technologies. In the buildings sector, Honeywell helps customers around the world address energy and environmental concerns in three ways:
• Retrofit programs: The quickest route to a lean utility bill and fewer greenhouse gas emissions is to use less energy. Honeywell finds the right mix of building retrofits and upgrades to help customers trim their consumption. The improvements are typically funded through energy performance contracts, which guarantee savings. As a result, these programs don’t impact budgets or require additional taxpayer dollars.
• Renewable energy: Honeywell helps customers produce their own energy, primarily through green technologies like solar and biomass, thereby decreasing their dependence on traditional energy sources and reducing their carbon footprint.
• Utility programs: Honeywell teams with utilities to mitigate the risk of power disruptions such as brownouts—and to minimize the need for additional power plants—through a variety of conservation programs in commercial and residential facilities.
More Than $3 Billion Saved
“Honeywell has helped more than 100 cities around the world reduce their energy costs and cut emissions,” Puishys said. “Since the early 1990s, our guaranteed performance contracts have saved customers more than $3 billion in energy and operating costs.”
Honeywell estimates the global economy could operate on 10 to 25 percent less energy just by using today’s existing Honeywell technologies that include products such as:
• Honeywell-turbocharged diesel vehicles that consume 20 to 40 percent less than their gasoline counterparts;
• UOP/ENI Ecofining™, Honeywell’s technology for the conversion of vegetable oils to green diesel fuel, which reduces fossil carbon emissions by 75 percent;
• Wireless sensors that could reduce energy consumption across the industrial sector by up to 10 percent;
• Enovate-based spray foam insulation, which when used in new homes, has documented energy savings (heating and cooling) of 40 percent versus comparable homes insulated with fiberglass; and
• Programmable thermostats that when used properly can reduce heating and cooling demand by up to 33 percent.
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