TheEnergy Policy Act of 2005 called for the highly criticized extension ofDaylight Savings in an effort to reduce energy use, particularly the use of incandescent lighting.
Incandescent lamps (ILs) have taken a lot of heat over the past few years across the globe, and are starting to be replaced with newer, more efficientlighting technologies like compact fluorescent lamps (CFLs).
Recently, at climate change negotiations in Cancun, Mexico, the United Nations Environment Programme’s en.lighten initiative released findings that by replacing these energy guzzlers, the U.S. could save $9 billion and help to avoid approximately 45 million metric tons of carbondioxide emissions — the equivalent of removing 11 million vehicles fromthe road.
Percentage of national savings in electricity consumption obtained from the change of ILs to CFLs
The findings were part of a 100 Country Living Assessment, that assessedthe energy, financial, and CO2 savings potential of efficient lightingif utilized in 100 countries that have not yet initiated the transitionas of 2010.
Energy Efficient Lighting Could Save U.S. $9 Billion originally appeared in Green Chip Stocks. Green Chip Review is a free 2x-per-week newsletter, is the firstadvisory to focus exclusively on investments in alternative andrenewable energies.