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I can't, but governments can.
by danans 4y ago
I can't, but governments can.
- ceejayoz 4y agoGovernments have to wait for manufacturing capacity to spin up just like the rest of us do. There's no magic wand that gives you a heat pump for every European household who'd need one in any reasonably short period of time. Even something comparitively simple like toilet paper took months at the start of the pandemic.
- danans 4y ago> Governments have to wait for manufacturing capacity to spin up just like the rest of us do. Yes, but government can provide a demand signal far more clearly and immediately than the market can. That's what the Defense Production Act is for in the US. The lack of federal tax incentives for air source heat pumps is also an an issue. Frustratingly there is a 30% credit for ground source heat pumps, which are far less scalable because they require an expensive trench or well.