Incandecent Bulbs Made Illegal

1Perry said:

The law of unintended consequences.....or at least one would hope they are unintended.. Now if I was a conspiracy theorist, I might see GE buddying around with Obama and getting a ban on cheap bulbs, and then moving production to China and then see the price of "acceptable" bulbs soar.

BEIJING — In the name of fighting pollution, China has sent the price of compact fluorescent light bulbs soaring in the United States.

By closing or nationalizing dozens of the producers of rare earth metals — which are used in energy-efficient bulbs and many other green-energy products — China is temporarily shutting down most of the industry and crimping the global supply of the vital resources.

China produces nearly 95 percent of the world’s rare earth materials, and it is taking the steps to improve pollution controls in a notoriously toxic mining and processing industry. But the moves also have potential international trade implications and have started yet another round of price increases for rare earths, which are vital for green-energy products including giant wind turbines, hybrid gasoline-electric cars and compact fluorescent bulbs.

General Electric, facing complaints in the United States about rising prices for its compact fluorescent bulbs, recently noted in a statement that if the rate of inflation over the last 12 months on the rare earth element europium oxide had been applied to a $2 cup of coffee, that coffee would now cost $24.55.

China Consolidates Grip on Rare Earths - Yahoo! Finance

"But we will do all we can to keep the prices of a lightbulb below $15.00".

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lpast said:

The conspiracy perry is our corporations out of greed enabling china to be able this to us and the rest of the world...THANK YOU AMERICAN greedsters

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