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New Federal Policy to Increase Production of Heat Pumps

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In early June 2022, President Biden authorized using the Defense Production Act to ramp up the production of heat pumps in the U.S., along with insulation and power grid components. This is certainly good news for heat pump supply chain issues! But according to this article, we also need to stimulate demand for heat pumps, such as through more customer incentives, government purchasing, and continued funding for research and development.