“The U.S. Department of Energy recently challenged the brightest minds in the light bulb industry to develop high performance, energy-saving replacements for traditional incandescent light bulbs, with an eye towards cash savings for the American public. Now Phillips Lighting North America has been the winner of this challenge, known as the L-Prize, for its LED light bulb.
The L Prize competition was launched in 2008 to target the ever-so-popular 60-watt bulb, which represents roughly half of the domestic incandescent light bulb market. According to Philips, if every 60-watt incandescent bulb in the U.S. was replaced with its 10-watt L Prize winner, the nation would save about 35 terawatt-hours of electricity, or $3.9 billion in one year, avoiding 20 million metric tons of carbon emissions.”
Philips LED Bulb Wins Government Praise – via Susan DeFreitas – Earth Techling