Answer: 1:1 - 100%
If the electricity used to run the heat pump comes from fossil fuels, for every 3 units of chemical energy entering the power station as coal or oil, only 1 unit of electrical energy arrives at your wall socket (explanation).
When that 1 unit of electrical energy is used to run the heat pump it transfers 3 units of heat into your house.
Thus same amount of heat energy is transferred into your house as was originally used at the power station in generating the electricity. This is little different to using a modern gas boiler, where up to 95% of the chemical energy is turned to heat in your home.
So in financial terms, you pay less money for the heat gained. But in environmental terms, the system produces the same amount of CO2 as an ordinary gas boiler.
However, a heat pump can be pollution free IF you source the electricity used to run it from a renewable energy supply. Such sources could be your own solar panels, or from an energy company that generates electricity from wind, water or solar power.
Source: The Green Building Bible, Volume 1, Ed: Keith Hall 3rd Ed 2006
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