#HeatPumps
"'Many many markets are falling,' said Paul Kenny, the director general of the European Heat Pump Association. 'It takes time to change people's minds about a heating system.' Heat pumps — essentially air conditioners that can also work in reverse, heating a space as well as cooling it — are crucial to making buildings more climate-friendly. Around 60 percent of American homes are still heated with furnaces running on oil, natural gas, or even propane; to cut emissions from homes, all American houses and apartments will need to be powered by electricity...
In the United States, experts point to lags in construction, high interest rates, and general belt-tightening from inflation... [Cora Wyent, director of research for the electrification advocacy group Rewiring America] added, heat pumps are still growing as a share of overall heating systems, gaining ground on gas furnaces. In 2023, heat pumps made up 55 percent of all heating systems sold, while gas furnaces made up just 45 percent. 'Heat pumps are continuing to increase their total market share,' she said.
Homeowners may also run into trouble when trying to find contractors to install heat pumps. Barton James, the president and CEO of the Air Conditioning Contractors of America, says many contractors don't have training on how to properly install heat pumps; if they install them incorrectly, the ensuing problems can sour consumers on the technology... In the United States, low gas prices also make the economics of heat pumps more challenging. Gas is around three times cheaper than electricity — while heat pumps make up most of that ground with efficiency, they aren't the most cost-effective option for every household."
https://hardware.slashdot.org/story/24/11/02/198243/can-heat-pumps-still-save-the-planet-from-climate-change