Company funded by Leonardo DiCaprio is on a mission to save the planet ‘Earth’ and ‘Electricity Bills’

Earth is turning out to be less hospitable to living creatures. With an increased rate of environmental degradation, we are putting our own lives at risk and there is no doubt of humans being the main victim of their own mass extinction.

Human activities have turned the planet into a complete mess. We have already destroyed tenth of Earth’s wilderness in 25 years. As per the findings published by the World Wildlife Fund (WWF), humans have caused enough carnage to wildlife in the last 45 years.

Credits: IndiaWire

Hollywood famous actor and Titanic hero Leonardo DiCaprio and his team has come up with a good initiative to fight climate change. Bluon, a company funded by Leonardo Di Caprio is constantly working on reducing carbon emissions from ACs. They have created a new type of refrigerant that would assist in boosting the efficiency of the ACs and help it consume less electricity.

Previously, the refrigerants use to have CFC (chlorofluorocarbons) that caused the rise of greenhouse gases on Earth. However, after the Montreal Treaty (which was signed to protect ozone layer from damage) which stopped the usage of CFC-based chemicals, many other, cleaner alternatives showed up.

But, these alternative options also made the AC consume more energy, thereby giving rise to other issues. Bluon’s main aim is to fix all that with its TdX 20.

According to the company, the use of this refrigerant in a 100,000 square-foot office space can help in saving enough electricity to wipe out 120 metric tons of CO2 each year. This concept can be understood by the following equation, which is equal to converting 40 petrol cars into electric ones.

As per Peter Capuciati, Bluon’s founder and CEO, “All the replacements that I was aware of at the time were pretty poor replacements. They would decrease efficiency, meaning the equipment would burn more electricity doing the same job, they would cause the unit to run harder and longer.

Therefore, they break down more often. So you had this huge infrastructure that at the time was close to $1.5 trillion worth of equipment sitting around on rooftops across the country that was going to be in trouble when R-22 finally got phased out in 2020.”

Leaking of refrigerants can harm the environment because in case if R22 leaks, then it has a global warming potential of 1810, which is 2000 times more than regular CO2 and TdX20 is no exception to this.

Leonardo DiCaprio joins Billionaire investors, Philanthropists to combat Climate Change

Between 1970 and 2014, our planet nearly lost 60% decline of its mammals, birds, fish, reptiles and amphibians, almost everything due to human activity. Not just that, deforestation is also one of the activities that humans have long been doing but they hardly find time to plant a sapling. The rate at which the planet is losing its biodiversity is comparable only to the mass extinctions without second thoughts.

Upon learning these activities which are slowly wiping out life on Earth, Leonardo DiCaprio has teamed up with billionaires and philanthropists to fight climate change. He started a new non-profit organisation called ‘Earth Alliance’ to battle climate change.

The actor once again proved that he is a genuine environmentalist when he expressed his feelings over Chennai’s water crisis and Ghazipur trash mountain while Bollywood celebrities remained silent.

Interestingly, he had earlier presented a breathtaking environmental documentary some time ago. And now, he has taken environmental activism a step higher, he co-launched a new non-profit organisation that is working towards battling climate change.

Teaming up with billionaire investors and philanthropists Laurene Powell Jobs (the wife of the late tech magnate Steve Jobs) and Brian Sheth, he launched the initiative- The Earth Alliance.

The Earth Alliance “will work globally to protect ecosystems and wildlife, ensure climate justice, support renewable energy and secure indigenous rights to the benefit of all life on Earth.”

They will now form a new independent management team that will have internationally eminent scientists and conservationists who will work world wide to protect ecosystems and wildlife, make sure that there is climate justice, support renewable energy, and protect all life on earth.

“I am incredibly proud of the impact my foundation has had over the last 20 years by supporting nearly 200 projects from 132 different organisations across climate science, marine and land conservation, critical species preservation and indigenous rights,” DiCaprio said.

“Today marks the next step in the evolution of LDF as it fully merges under the new Earth Alliance management and grant-making framework. Laurene and Brian are incredible civic leaders who share my passion and understanding of the urgency and scale of the challenges we face.

I am proud to partner with them to form this new larger, nimble platform that shares resources and expertise while identifying the best programs to drive real change around the planet,” he added.