Shawn Regan Says It's Lights Out For America’s Favorite Light Bulb

Incandescent light bulbHappy New Year,
America! Your favorite light bulb is now illegal. Well, sort of. As
of January 1, U.S. businesses can no longer manufacture or import
“general service” incandescent bulbs—the most popular light bulbs
in America. Major light bulb manufacturers supported the ban from
the outset. The profit margin on old-style bulbs was pitifully low,
and consumers just weren’t buying the higher-margin efficiency
bulbs. So Philips Electronics and other manufacturers joined with
environmental groups to push for tighter lighting standards. When
industry and environmental groups claim that a regulation will
solve all problems, consumers beware, writes Shawn Regan. It’s
probably green cronyism in disguise.

View this article.

from Hit & Run http://reason.com/blog/2014/01/07/shawn-regan-says-its-lights-out-for-amer
via IFTTT

Leave a Reply

Your email address will not be published.