https://www.theccc.org.uk/publication/sixth-carbon-budget/
The Committee on Climate Change has just published its Sixth Carbon Budget for the UK, on meeting our decarbonization targets, mainly for 2032-2037.
Cost estimates are shown as percentages of GDP, to avoid scaring people (spending £50bn annually by 2030, which is almost £2000 for every home, each year.
Sales of conventional gasoline and diesel cars will be banned from 2030. Battery Electric Vehicles (BEVs) currently cost one third more than conventional cars. It is assumed, with no evidence, that BEV batteries will drop in price by two thirds in the next ten years.
The UK only accounts for 1% of global CO2 emissions, so will have almost no effect at all on the climate ... and that's assuming CO2 is the primary driver of the climate (not likely) and there is a climate change emergency (not true).
There are broadly two sorts of heat pumps: ground-source (GSHPs) and air-source (ASHPs). Both extract heat from outside homes – by boring into the earth, which gets warmer the deeper one goes, or by pulling heat from the air, which works even in freezing winters.
Both are powered by a modest amount of electricity. But, apart from the fossil fuels partly bound up with the electricity generation, both also eliminate the CO2 that conventional gas boilers emit. And, given the right kind of home insulation, some types of heat pumps are, in principle, cheaper to run than boilers.
So, why haven’t consumers been making the switch? The cons are considerable. They are hugely costly to set up: costing £10,000 to £15,000 for GSHPs, digging and installation included. You can pay up to £11,000 for the AHSP unit, plus another £3,000 to £11,000 for installation.
At the moment there are very few engineers trained to perform the tricky installation. In fact, 90 per cent of UK heating-systems engineers cannot even properly put in and start modern condensing gas boilers, despite the fact that they have been mandatory for 15 years. There will have to be a huge uptick in training if we are to come anywhere near the CCC’s targets for heat-pump installations."