“The rapid adoption of LEDs in lighting marks one of the fastest technology shifts in human history,” Goldman Sachs stated in a new report.
The accelerated deployment of light-emitting diode (LED) bulbs is on track to save U.S. consumers and businesses $20 billion a year in electricity costs within a decade, which would lower U.S. CO2 emissions by some 100 million metric tons a year. The growing global effort to speed up LED adoption could ultimately cut global energy costs and carbon pollution 5 times as much.
As recently as 2009, this country didn’t have even 400,000 installations of common home LED bulbs, according to a November 2015 Department of Energy report. And yet by 2012, we had 14 million — and by 2014 we had whopping 78 million installations.
This revolution has been driven by “sharp cost reductions and performance improvements, relatively short replacement cycles for incumbent technologies, and aggressive policy support (including bans on incandescent technology in major markets such as the U.S., the E.U. and China).”
Since 2008 alone, prices for LED lightbulbs have dropped a remarkable 90 percent, and you can now buy a 60-watt-equivalent LED bulb for a little more than $3.
The following are paid links. As an Amazon Associate I earn from qualifying purchases.
I am Jeff Clark, founder of Internet Brothers, producer of this blog, and passionate about hiking. I live in Western NC near the Blue Ridge and Great Smoky Mountains. Pisgah and Nantahala National Forests are just out my door, so the content will focus on these areas, but let me know what you would like to see on the site. 
Copyright © 2011-2023 Internet Brothers. All Rights Reserved. ISSN 2324-6057
Designed by Elegant Themes | Powered by Wordpress | Logo by Design Aspirations