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Heat pumps are expensive. What if billionaires bought them for everyone? (grist.org)

submitted 1 month ago by ModerateImprovement@sh.itjust.works to c/green@lemmy.ml

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[–] Oneser@lemm.ee 53 points 1 month ago

This is literally what taxation and subsidies are for.

[–] I_Miss_Daniel@lemmy.world 11 points 1 month ago

Billionaires? Is Temu selling them now?

[–] delirious_owl@discuss.online 9 points 1 month ago

What if we just redistributed the wealth so that we had no more billionaires?

[–] fishpen0@lemmy.world 3 points 1 month ago

If a single billionaire bought all the heat pumps it would result in heat pumps becoming incredibly expensive overnight. The billionaire would be overpaying for every single one and it would take years for prices to correct