Beyond how it will contribute to the climate crisis in this way if it isn't run on green energy, if it isn't trained on heavy eco-friendly material things are going to get very extremely bad. It likely won't be. It's already dominated by tech bros, who are sociopaths.
Care to elaborate? Tankless electric is way less efficient than heat pump storage, and requires like 120 amps. It's terrible. Tankless gas is, well gas, so that's not going to work if you want to stop emitting carbon.
Rising costs of energy starting Feb 22 is the cause of the last huge dip. As a matter of fact, rising the price of energy and the ensuing economic slowdown is still the most effective way to to reduce GHG. Being frugal is the only way to reach 0 emissions in spite of whatever rosy paint one wants to put on green energy, housing renovation and other half-effective measures.
Most electric heat pump hot water heaters have a slow-mode which uses the heat pump, and fills a large tank with hot water, and a fast-mode which uses a resistive heater when the tank runs out. I don't see why this situation is particularly different for larger buildings, except that they need a larger tank and an electrical supply which can deliver the needed wattage.
Cheapo landlord could of course install an undersized unit, as they can with any other key system.
It still amounts to "I'm heating up a big tank of water and supplying it to people on an as-needed basis." The article makes it clear that they're using several to supply the whole building:
Electric water boilers | These provide hot water for the building and are typically more energy efficient than gas boilers, which are common in New York City.
Fair enough. I guess there could be a time when they need resistive to augment that but I'd think with sufficient boiler capacity you could do only heat pump.
That would only work if there was a majority for left-wing policy. Simply having a president who's further on the left would not actually change that much of they have to find compromises with people who don't care about the physical reality.
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