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There's a few issues with what you're saying
Heatpumps are not a one size fits all solution, and they are very expensive, that much is true.
If you watch the video he points out why it works in those countries. They have learned to live in a cold country by building housing to suit. We have not done this because we burned cheap coal instead. All those older housing is not up to scratch. One thing you cannot get away from is the noise. We live with a much smaller land foot print than they do in Scandinavia. You are right about the oil though. I should have said fossil fuelled. I will edit it.
I am also speaking from experience. My sister took advantage of the scheme. They are very underwhelmed. I am never said there is no benefit. I think there are better gains in other areas.