“The rapid adoption of LEDs in lighting marks one of the fastest technology shifts in human history,” Goldman Sachs stated in a new report. The accelerated deployment of light-emitting diode (LED) bulbs is on track to save U.S. consumers and businesses $20 billion a year in electricity costs within a decade, which would lower U.S. CO2 emissions by some 100 million metric tons a year! The growing global effort to speed up LED adoption could ultimately cut global energy costs and carbon pollution 5 times as much. As with solar energy, advanced batteries, and electric vehicles, the LED lighting revolution may not be televised by the major media, but it is happening at a torrid pace nonetheless — with a big boost from government deployment policies.
Climate Progress 2nd Aug 2016 read more »