Biden's invocation of Defense Production Act to support US clean energy manufacturing targets heat pumps. Via DOE:

"Our nation’s buildings, homes, offices, schools, hospitals, military bases, and other critical facilities drive more than 40% of all U.S. energy consumption. (1/5)
To reduce the amount of energy needed in our buildings, leading to less reliance by the U.S. and allies on adversaries such as Russia for oil and gas, heat pumps are an important solution. (2/5)
Their use by the U.S. and allies can shrink Russian revenue for war and reduce climate instability. However, currently, U.S. HVAC manufacturers are not producing heat pumps at the rate needed. (3/5)
The Biden-Harris Administration can help American manufacturing expand and expedite the installation of heat pumps in homes and residential buildings by qualified building professionals." (4/5)
This signals another front in the Biden administration's continued efforts to support building #electrification

Interesting to hear heat pumps now discussed in the context of the war in Ukraine.

Some context here on past admin actions: spglobal.com/marketintellig…

(5/5)

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