John Stonier
EV enthusiast, advocate, nerd. Helping to do good things for planet and civilized society. My things are electric, renewable, organic, crafted, local, reusable, long lasting. Heritage buff.
Here’s how to compare baseboards to heat pumps.
Baseboards create heat through resistive loads. As all the energy creates heat, you can say they are 100% efficient, but that is misleading if you take that to be good.
Heat pumps simply move heat, in either direction, to heat, or cool, and they do this using 1/3rd the energy.
Today’s heat pumps work at much lower air temperatures, can also use ground loops, or exchange heat from water bodies. #HeatPumps
@Lockpro @ajsadauskas @technology
Instead they focussed on payments only, which was the plan of a failing startup that merged with X.com a few months earlier - it was operating down the hall from X.coms small 2nd floor office. The name of that startup ended up replacing X.com’s — PayPal.
In 2003 PayPal was sold to EBay and Elon’s share of the sold company funded his investment in two new startups, Tesla, and SpaceX. His share after tax was USD $300M.
@Lockpro @ajsadauskas @technology oh, it isn’t unique, but X.com has been in Elon’s head since 1993 when he worked for the Bank of Nova Scotia for a summer job assistant to the VP Strategic planning. It was’nt BNS’s plan, but Elon’s to put every banking function online. A few years later #Xcom was operating in SiValley, but Elon’s Board lost confidence in his grand design, and removed him as CEO. …/2