Rich Diaz

electric heat pumps which are great they're very good they're very efficient they're very effective and everybody's supposed to be driving evs there's just no way that you know you're going to be able to have enough power you're going to need a lot more power and where's that power going to a going to come from probably from natural gas to put it another way the math doesn't math the math doesn't math but everybody's just like going crazy about having like gas furnaces back but the other thing though and i think this is true for everything and everyone you know their audience will agree

No, they're just putting it to like a vote at council where basically they're going to amend the bylaws to say, hey, you know, you have options now.

You don't have to put, anyways, I think people get confused.

They say, well, heat pumps are super efficient.

They are.

They're very, very good, especially in mild climates like BC.

But where they're actually really expensive, this is like a little housing thing, is they have, so you have a, in BC, when you typically build a new house in Vancouver, you're typically having like an in-floor radiant system.

So it's like warm, warm floors.

Okay, so it's very fancy.

Yeah, it'll be like piping in your concrete slab that will heat it up.

And so typically, you'd run that through a gas hot water boiler, which is very cheap to run very efficient.

But the requirement now, of course, it's running off an electric boiler, which is very, it's very expensive to operate.

So anyways, because the mayor is kind of framed as an affordability thing.

And to be honest, he's actually he's actually correct.

If you're looking at the cost of operating a hot water boiler system is very expensive.

It's kind of like that old, like one of my favorite quotes on like Bloomberg is probably like paraphrasing a bit here, but he says like every molecule of economically recoverable fossil fuel will be burned.

It's just, just effectively relocates the privilege of who gets to burn it or use it.

Yeah.

That makes a lot of sense.

Yeah, coal is the first in BC.