Thursday, January 20, 2011

Green Follies Escalate in the Face of Failure

January 20, 2011
By Ed Lasky

Those widely heralded compact fluorescent bulbs (CFLs) turn out to be a bit of dud in the real world.

For years, we have seen traditional light bulbs vanishing from shelves of hardware stores and Home Depots across America. They have been replaced by those screw-shaped things that bespeak the future -- a future of dull lights, money flowing overseas, Americans jobs being terminated, and promised energy savings going up in smoke.

From the Wall Street Journal:

California's utilities are spending $548 million over seven years to subsidize consumer purchases of compact fluorescent lamps. But the benefits are turning out to be less than expected.  Read More