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> worth looking at who the winners are and what the trade offs are. The winners are consumers, the effort to reduce GHG and particulate emissions, and the driv
by danans 4y ago
> worth looking at who the winners are and what the trade offs are.
The winners are consumers, the effort to reduce GHG and particulate emissions, and the drive toward energy independence (whether at the national, local, or hyper-local level).
The losers are fossil fuel extraction industries, because due to the high COP of heat pumps, far more heat is delivered per unit of energy consumed, even if that energy ultimately comes from burning natural gas at a power station. Also, the source of the energy itself gets disintermediated, since electricity can come from multiple sources, including renewables.
The tradeoffs are (for now): Higher upfront installation cost (tempered by the IRA, and potentially lower operating costs), availability of the equipment (supply chain stuff), and long delays in installation due to lack of qualified installers (and resulting high costs).