The move this week by the new German coalition government to ban any new oil or gas heating systems will add overnight at the very least some 1 million heat pumps sales a year across Europe from 2024. While the usual refrain of “this will cost poor people a ton of money” was heard by the opposition, the amount of subsidies available, and the rapid fall in the prices of high temperature air source heat pumps will mean that by around 2026 the price of heat pump less subsidies will begin to rival that of gas boilers, and the market will accelerate even more aggressively. Already sales in the post pandemic world are going up dramatically across Europe, doubling in…