$50 Light Bulb Wins Government Prize for Green Affordability
by H. Sterling Burnett
April 10, 2012
What constitutes an affordable “green” light bulb? According to the U.S. Department of Energy, $50 per light bulb is our most promising future.
No Likely Market
The Department of Energy (DOE) has awarded a $10 million prize to Philips, a Dutch electronics company that is one of the leading manufacturers of light bulbs sold in the United States, for winning the “L Prize” for designing an affordable, energy-efficient light bulb “to replace the common light bulb.”