Business Opportunities Weblog

$10 Million in Tax Dollars To Replace $1 Lightbulbs with $50 Ones

By on March 12, 2012 in News

(kgr hq z,!qs E88gc Jllp Bpvtz 4oo kw~~60 12

The Washington Post:

The U.S. government last year announced a $10 million award, dubbed the “L Prize,” for any manufacturer that could create a “green” but affordable light bulb.

Energy Secretary Steven Chu said the prize would spur industry to offer the costly bulbs, known as LEDs, at prices “affordable for American families.” There was also a “Buy America” 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.

dumb government lightbulbs

Business Opportunities Weblog editor and publisher Dane Carlson lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001. He has added 12,203 posts to the site.

Another Idea: How to Start a Government Contract Consulting Business

  • dave

    I have completely replaced all our indoor lighting with philips led. U will save money in the long run and chances are you will not have to replace it, well at least is your life time (: best regards FREELANCE ENGINEER…

Today's Posts