Taking key measures to reduce the power consumption of cooling equipment would cut at least 60 per cent of predicted greenhouse gas emissions from the cooling sector, according to a new report published during the COP28 climate talks in Dubai.
The Global Cooling Watch report, titled 'Keeping it Chill: How to meet cooling demands while cutting emissions', was released by the UN Environment Program-led Cool Coalition Tuesday. It lays out sustainable cooling measures in three areas: passive cooling, higher-energy efficiency standards, and a faster phase down of climate-warming refrigerants.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.