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Comment by wxw | Hacker News Reader
Full thread
wxw
·
That's a neat proxy measurement to track.
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infecto
·
I am probably simply confused but what’s the proxy measurement?
hervature
·
Heat pump sales for energy costs.
comrade1234
·
I assume a product related directly to another product. So when energy prices start to go up, invest in heat pump companies.
infecto
·
Thats what I was guessing but was thrown off because it is a pretty natural nth order effect. Gas prices go up, more efficient cars get sold.
NewJazz
·
More efficient hvac tech is a partial substitute for fuel.
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