Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Biden admin pushes consumers toward LED light bulbs with new energy efficiency standard

by December 19, 2022
December 19, 2022
Biden admin pushes consumers toward LED light bulbs with new energy efficiency standard

The Biden administration released a proposed rule on Monday aimed at requiring consumers to buy LED light bulbs, a move it estimated could force $400 million in compliance costs on manufacturers.

The proposed rule would more than double energy efficiency standards for light bulbs from 45 lumens per watt to 120 lumens per watt, and said the explicit goal is to move people to LED bulbs.

‘Earlier this year, DOE implemented a near-term phaseout of inefficient incandescent bulbs,’ the White House said Monday. ‘Today’s new rule will accelerate the transition away from compact fluorescent bulbs as well, toward more efficient and long-lasting LED bulbs that deliver significant savings and that the lighting industry is already embracing.’

The White House estimated that the more stringent energy-use standard would eventually save the average family ‘at least $100 annually through lower energy bills,’ and would reduce greenhouse gas emissions. But the rule will also come at a cost to manufacturers.

‘In order to bring products into compliance with new and amended standards, it is estimated that the industry would incur total conversion costs of $407 million,’ the draft rule said.

The White House said the rule is one of dozens released under the Biden administration aimed at turning the U.S. into a ‘net-zero emissions economy by no later than 2050.’

‘Today’s announcement is the latest in a series of more than 110 energy efficiency actions taken by the Administration to help lower energy costs and keep money in the pockets of American families while reducing our nation’s carbon footprint,’ said Energy Secretary Jennifer Granholm.

Democrats have fought for years to boost the energy efficiency standards of light bulbs, but those efforts have often been met with Republican resistance. The Trump administration delayed light bulb standards implemented during the Obama administration that sought to phase out traditional incandescent bulbs.

In the early years of the Obama administration, the issue of rising light bulb standards became a hot-button issue in the fight over federal funding, and Republicans won a delay of standards aimed at getting rid of traditional bulbs.

Pete Kasperowicz is a politics editor at Fox News Digital.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Government starts legal proceedings against firm linked to Baroness Mone in PPE supply row
next post
House Republican blasts US Forest Service for pushing ‘shortsighted’ EV transition: ‘pandering to the left’

You may also like

President Trump Sues Corrupt New York Attorney General...

November 3, 2022

Israeli leaders condemn expected US sanctions, Netanyahu vows...

April 22, 2024

Developing: Missing Princeton Student Found Dead 6 Days...

October 20, 2022

Southern Poverty Law Center lawyer arrested, charged with...

March 7, 2023

Successful legal challenges to Biden’s pardons over autopen...

March 19, 2025

Congressman urges DOJ to probe suspected Iran ‘kill...

June 12, 2023

Democrat state rep calls Moms for Liberty members...

July 11, 2023

UN draft report on children in conflict zones...

March 8, 2025

AOC Throws Pity Party for Twitter Employees, Then...

November 20, 2022

JD Vance slams NY v. Trump trial as...

May 13, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • State Department confirms ‘constructive’ nuclear talks with Iran; Trump says deal ‘sort of’ agreed to

      May 15, 2025
    • GOP rebel mutiny threatens to derail Trump’s ‘big, beautiful bill’ before key committee hurdle

      May 15, 2025
    • What Sector Rotation Says About the Market Cycle Right Now

      May 15, 2025
    • US Withdrawal from the World Trade Organization Would Be an Epic Mistake

      May 15, 2025
    • Rubio doubts ‘anything productive’ will happen in Ukraine peace talks without Trump, Putin

      May 15, 2025
    • Far-left congresswoman revives ousted ‘Squad’ Dem’s reparations push for Black Americans: ‘We are awake’

      May 15, 2025

    Categories

    • Business (7,968)
    • Investing (1,964)
    • Politics (15,239)
    • Stocks (3,085)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved