Ban the Bulb, for More Profit

Interesting article here that shows teh Electronics giant Phillips lobbying to ban incandescent light bulbs because the profit margins on CFLs and LEDs are higher. Incandescent bulbs are enough of a commodity that profits are too low to be interesting. Especially with China in the game.

So they create some good spin, feed it to the greens, work to get the bulbs banned, and rake in the profits as Government enforces the ban.

Good stuff. Here’s the rest: The Unholy Alliance between Philips and the Greens

There’s also an interesting comment about the heat generated by these bulbs. Hmmm.

And people say that big corporations aren’t interested in Global Warming.