Monday, July 25, 2011

Why banning light bulbs is bad policy

Check out Virginia Postrel's article on why banning light bulbs is bad policy. In December 2007, the U.S. federal government enacted the Energy Independence and Security Act of 2007, which requires all general-purpose light bulbs that produce 310–2600 lumens of light to be 30% more energy efficient (similar to current halogen lamps) than then-current incandescent bulbs by 2012 to 2014. The efficiency standards will start with 100-watt bulbs in January 2012 and end with 40-watt bulbs in January 2014. More here.

Here are some of here points:

"Banning light bulbs is one of the least efficient ways imaginable to attack those problems. A lamp using power from a clean source is treated the same as a lamp using power from a dirty source. A ban gives electricity producers no incentive to reduce emissions".

"Nor does it allow households to make choices about how best to conserve electricity. A well-designed policy would allow different people to make different tradeoffs among different uses to produce the most happiness (“utility” in econ-speak) for a given amount of power. Maybe I want to burn a lot of incandescent bulbs but dry my clothes outdoors and keep the air conditioner off. Maybe I want to read by warm golden light instead of watching a giant plasma TV".

More here.

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