07 Nov '11, 11pm

China Will Quit Incandescent Bulbs Within Five Years

China Will Quit Incandescent Bulbs Within Five Years

When China announces that it will phase out incandescent light bulbs in a few years, Wall Street solid-state lighting stocks like Cree (Nasdaq: CREE) react positively. (When the U.S. announces that it will phase out incandescent light bulbs in a few years, politicians like Joe Barton (R-TX) and Ron Paul start worrying about our freedom of choice .) "People don't want Congress dictating what light fixtures they can use," said Barton, a sponsor of a failed bill to repeal the incandescent roll-back. Despite Barton and Paul, it's coming. The solid-state lighting revolution is at hand . A combination of vastly improved technology, lower prices, consumer awareness, and energy efficiency legislation is making the multibillion-dollar lighting industry (slowly) flip to LEDs and other lighting technologies. The movement away from incandescents is occurring, although it is happening ...

Full article: http://www.greentechmedia.com/articles/read/china-will-qu...

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