It emits 85% less GHG.
Bill Gates, billionaire and cofounder of Microsoft, has thrown some weight behind an air conditioning startup hoping to be much more environmentally friendly than the competition.that Gates' cleantech investment fund Breakthrough Energy Ventures is leading Blue Frontier's current $20 million investment round.
It's a fitting move for Gates, who hopes to slow climate change partly through a focus on reducing the "green premium," which as "the additional cost of choosing a clean technology over one that emits a greater amount of greenhouse gases."Sinking money into Blue Frontier could help reduce both its costs and its prices.
In March, the Department of Energy’s National Renewable Energy Laboratory and Xerox’s Palo Alto Research Center that found that 531 million tons of carbon dioxide are released each year by AC units cooling the air, and that 599 million tons are emitted while removing humidity from it.
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