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August 19th, 2010

Why LED will change the world

Abstract:
You've likely heard that LED lighting is a good thing. I'd go so far as to say it has the potential to help make history and change the world.

We've been living and working in artificial light for over 130 years, ever since Thomas Edison's first light bulb. But despite the progress that our well-lit society has made, we've paid a significant price--environmentally and financially--for incandescent, fluorescent and other forms of traditional lighting.

Right now, 20% of the world's electricity is used for lighting; that can be reduced to 4% with LED lighting. And by 2030 LEDs will drive energy savings equivalent to 334 million barrels of oil per year in the U.S. alone.

Source:
forbes.com

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