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The heat pump industry is entering a transformative decade, with major producers jostling for market share, consumers angling for state support and EU governments aiming to nurture the bloc's nascent industry while meeting climate goals.
Reducing emissions from the built environment has become a top priority in the fight against climate change, as buildings currently gobble up 40% of Europe’s energy consumption – most of it fossil fuels.
With its 2030 climate plan last month, the European Commission has put the spotlight on forests as Europe's main "carbon sink," saying their ability to store carbon dioxide must be preserved in order to reach the bloc's climate goals.