The Washington Post:
The U.S. government last year announced a $10 million award, dubbed the â€œL Prize,â€ for any manufacturer that could create a â€œgreenâ€ but affordable light bulb.
Energy Secretary Steven Chu said the prize would spur industry to offer the costly bulbs, known as LEDs, at prices â€œaffordable for American families.â€ There was also a â€œBuy Americaâ€ component. Portions of the bulb would have to be made in the United States.
Now the winning bulb is on the market.
The price is $50.
(Or $60 on eBay.)
Dumb. Dumb. Dumb.