You’re ignoring the GDP effects of constant consumption in the form of gas. GDP is not a measure of quality of life, let alone a good economy. It goes down as you reduce consumption.
Heat pumps are a one time, up front cost, and their installation & maintenance is minor compared to the massive, 24hour spend on running a fossil economy.
Well, UK only produces about 50% of it’s fossil fuels, so… the other half does not contribute to it’s GDP. Factors in climate change harm to GDP and fossil fuel effects on health. Yeah…
It does, and it’s one of the reasons GDP is a dumb measure for quality of life. One of the primary factors for measuring GDP is consumption, so if as a society you start growing more food locally, sharing childcare among family, or just choose to repair what’s broken rather than buy more plastic crap, your GDP craters in the face of all of these.
It improves gdp. Produces more insulation, more heat pumps, and drives government jobs up.
You’re ignoring the GDP effects of constant consumption in the form of gas. GDP is not a measure of quality of life, let alone a good economy. It goes down as you reduce consumption.
Heat pumps are a one time, up front cost, and their installation & maintenance is minor compared to the massive, 24hour spend on running a fossil economy.
Well, UK only produces about 50% of it’s fossil fuels, so… the other half does not contribute to it’s GDP. Factors in climate change harm to GDP and fossil fuel effects on health. Yeah…
Yeah, I don’t think the cost of energy used for heating/cooling contributes to GDP (or if it does, that’s dumb).
It does, and it’s one of the reasons GDP is a dumb measure for quality of life. One of the primary factors for measuring GDP is consumption, so if as a society you start growing more food locally, sharing childcare among family, or just choose to repair what’s broken rather than buy more plastic crap, your GDP craters in the face of all of these.