In 2007, when Congress passed legislation that would gradually ban old school incandescent light bulbs, they added a carrot to the pile of sticks: A $10 million dollar prize to encourage the development of a cheap, green, domestic light bulb to replace the dearly departed Edison model.
Five years later, that bulb is coming to a hardware store near you. It will cost you 50 bucks. It also fails to meet many of the original prize specifications. The winner, Dutch electronics company Philips, was the one and only entrant, suggesting that the prize failed to stimulate widespread additional private spending on R&D. The portion of the LED bulb made in America is less than initially envisioned. And the guidelines for pricing were utterly ignored: The goal was $22 price tag in the first year, falling rapidly to $8 by year three
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
How can there be a $10 million prize awarded in a contest with only one entrant? LOL. Must be a Gov't contest. I don't care who you are, that there is funny.
The winner, Dutch electronics company Philips, was the one and only entrant, suggesting that the prize failed to stimulate widespread additional private spending on R&D.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
CritiKalbILL wrote: 10 Million for the $50 Light Bulbcourtesy of the Tax Payer
Is that what Haliburton is charging us for them in Afghanistain now?
Deflect much fool?
You'll happily throw billions away on weapons to kill people but freak out when we invest millions in future energy technologies? Get a real problem guys..And worry about the real big money we flush down the toilet everyday of "defense"
Joe wrote: How can there be a $10 million prize awarded in a contest with only one entrant? LOL. Must be a Gov't contest. I don't care who you are, that there is funny.
The winner, Dutch electronics company Philips, was the one and only entrant, suggesting that the prize failed to stimulate widespread additional private spending on R&D.
Funny how easily you get distracted by the government losing a little money with thier left hand, while they steal huge amounts with the right..You saps are a Magicians dream. Fooled everytime!
CritiKalbILL wrote: 10 Million for the $50 Light Bulbcourtesy of the Tax Payer
Is that what Haliburton is charging us for them in Afghanistain now?
Deflect much fool?
You'll happily throw billions away on weapons to kill people but freak out when we invest millions in future energy technologies? Get a real problem guys..And worry about the real big money we flush down the toilet everyday of "defense"
I'm all about future "better" technologies...I just don't think the government is very good at picking and promoting the ones that are feasible.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
