You can employ men and hire hands to work for you, but you will have to win their hearts to have them work with you. William J.H. Boetcker

Showing posts with label unemployment rate. Show all posts
Showing posts with label unemployment rate. Show all posts

Monday, June 4, 2012

News Updates for the Week of June 4


1.      Energy Department Grants Two-Year Extension to 700-Series T-8 Fluorescent Lamps - Responding to three individually filed exception requests, the U.S. Department of Energy has postponed by two years — until July 14, 2014 — the phase-out date for 700-series T8 general service fluorescent lamps (GSFLs) manufactured by GE Lighting (GE), Osram Sylvania, Inc. (OSI), and Philips Lighting Co, according to the National Lighting Bureau (NLB). Only companies that have been excepted by the Energy Department may continue to manufacture or import the T8 GSFLs in question beyond July 14, 2012. The lamps involved are the 4-foot medium bi-pin, 2-foot U-shaped, 8-foot Slimline, and 8-foot high-output 700-series T-8s. 5/30 http://ecmweb.com

2.      US Economy Added 69,000 Jobs in May, Fewest in a Year; Unemployment Rate Rose to 8.2 Percent  - The U.S. economy suddenly looks a lot weaker.  The Labor Department also said Friday that the economy added far fewer jobs in the previous two months than first thought — 11,000 fewer in March and 38,000 fewer in April. And the increase in unemployment was the first in 11 months.  6/1 Washington Post

3.      Consumer Confidence Slips Again - The Conference Board Consumer Confidence Index, which had declined slightly in April, fell further in May. The Index now stands at 64.9 (1985=100), down from 68.7 in April. The Expectations Index declined to 77.6 from 80.4, while the Present Situation Index decreased to 45.9 from 51.2 last month. Those claiming business conditions are "bad" increased to 34.3% from 33.2%, while those saying business conditions are "good" decreased to 13.6% from 15.5%.  5/25 HCN

4.      Light: It’s Good for Your Brain - Scientists from the École polytechnique fédérale de Lausanne (EPFL) in Switzerland have proven that light intensity influences our cognitive performance and how alert we feel; and that these positive effects last until early evening.  Tests conducted in EPFL’s Solar Energy and Building Physics Laboratory (LESO) have confirmed the hypothesis that light influences our subjective feeling of sleepiness. The research team, led by Mirjam Münch, also showed that the effects of light exposure last until the early evening, and that light intensity has an impact on cognitive mechanisms. The results of this research were recently published in the journal Behavioral Neuroscience.  http://lighting.com/light-its-good-for-your-brain/

5.      LFI 2012 Product Innovation Awards - The LIGHTFAIR 2012 Innovation Awards submissions spanned 14 categories, with each submission judged by an independent panel of lighting professionals. The winners were awarded for product entries that exemplify the best in innovative design and thinking. The 2012 key award winners at: http://www.lightnowblog.com/2012/05/lfi-2012-product-innovation-awards/

6.      DOE Releases Gateway Report on NYC Roadway Lighting Demonstration - The U.S. Department of Energy (DOE) has published the final evaluation report from a GATEWAY demonstration on Franklin D. Roosevelt Drive, a heavily traveled New York City freeway with elevated portions. Four different types of LED roadway luminaires—each from a different manufacturer—were purchased in 2009 and compared with the incumbent high-pressure sodium light fixtures. http://www.lightnowblog.com/2012/05/doe-releases-gateway-report-on-nyc-roadway-lighting-demonstration/

7.      NJ Solar Boom Seeking Life Support - New Jersey’s boom in solar power installations, driven by lucrative solar renewable energy credits, made the Garden State second only to California in installed solar power capacity. Now it’s reached a point of saturation where solar installers are looking for legislation to keep their industry alive. The solar power glut has “lobbyists for both the solar power industry and unionized solar installers descending on the state capital, pleading for imposition of still higher purchase requirements on electric power consumers. http://livewire.electricalmarketing.com/2012/05/22/nj-solar-boom-seeking-life-support/

8.      Energy Commission Approves More Efficient Buildings for California's Future - In a move to reduce energy costs, save consumers money, and increase comfort, the California Energy Commission today unanimously approved energy efficiency standards for new homes and commercial buildings. The Energy Commission's 2013 Building Energy Efficiency Standards are 25 percent more efficient than previous standards for residential construction and 30 percent better for nonresidential construction. The Standards, which take effect on January 1, 2014, offer builders better windows, insulation, lighting, ventilation systems and other features that reduce energy consumption in homes and businesses. 5/31 Sierra Sun Times

9.      PG&E Says It Will Meet California's Renewable Energy Goals - Pacific Gas & Electric (PG&E) filed its renewable energy procurement plan for 2012 with the California Public Utilities Commission and said it will meet the requirement to source 33% of its power generation from clean sources and will also meet interim benchmarks up to that date.  California has an aggressive renewable portfolio standard (RPS) of 33% by 2020, along with the highest-in-the-nation 20% bundled RPS for power generation in the period from 2011-2013.  http://generationhub.com/

10.  Human Centric Lighting - May 21, 2012 version by Stan Walerczyk, Brian Liebel and Rodney HellerPublished as modified version in June 2012 edition of Architectural SSL Magazine
This article considers Human Centric Lighting to include all of the outer diagram circles. Other professionals have included less. The new generation of dimming and Correlated Color Temperature (CCT) changing or shifting, which is commonly called Kelvin changing or shifting, LED fixtures can really improve lighting for people.

11.  EPA Names The Home Depot 2012 ENERGY STAR® Partner of the Year - The U.S. Environmental Protection Agency (EPA) has named The Home Depot® as the 2012 ENERGY STAR® Partner of the Year for its outstanding contribution to reducing greenhouse gas emissions through merchandising and marketing ENERGY STAR qualified products.  5/31 Market Watch

12.  European LED Commercial Lighting Market to Grow Seven-Fold to $1.9bn by 2015 -  The European LED lighting market is growing rapidly due to energy-saving awareness and, in particular, the high electricity prices in Europe, according to TrendForce’s ‘2011-2015 European LED Lighting Market Report’ by its LED research division LEDinside. With electricity prices in the EU-27 (the 27 member states of the European Union), $2 can be saved each month by adopting an LED light bulb instead of an incandescent bulb. The market research firm predicts that LED prices will see a dramatic drop, starting from 2012, and it expects the European LED commercial lighting market to grow to $1.9bn by 2015. http://www.semiconductor-today.com/news_items/2012/MAY/LEDIN_280512.html


13.  St. Louis Cardinals Working Towards a "Triple Crown" For Resource Efficiency - The 2011 World Champion St. Louis Cardinals are accustomed to winning. With a total of 11 World Series titles under their belt—second only to the Yankees 27—it’s no surprise that they set the bar high for all aspects of their game, even off the field. One key to the Cardinals’ energy successes to date is that they commissioned an “investment-grade” energy audit in 2011 to identify potential energy efficiency measures for the ballpark. They found close to 200 cost-effective energy improvements, despite the fact that Busch Stadium was just built in 2006.  The Cardinals have replaced over 1,000 traditional spot- and flood- lights with LED lamps to cut lighting power demand in several areas around the ballpark by 90 percent.  5/30 NRDC

Monday, March 12, 2012

News Updates for the Week of March 12

1.   Webcast: Municipal Solid-State Street Lighting Consortium Retrofit Financial Analysis Tool - On April 3 at 1:00 p.m. ET, the U.S. DOE will host a 60-minute live webcast on the Retrofit Financial Analysis Tool http://www1.eere.energy.gov/buildings/ssl/financial-tool.html developed by DOE's Municipal Solid-State Street Lighting Consortium. Doug Elliott of Pacific Northwest National Laboratory will provide a guided walk-through of what the tool can do for you, and how to use it to evaluate costs and benefits associated with converting to LED street and roadway lighting. To register, visit: http://www1.eere.energy.gov/buildings/ssl/events_detail.html?event_id=6750

2.      NEMA Publishes Standard for SSL Retrofit Lamps - The US National Electrical Manufacturers Association (NEMA) has published NEMA SSL 4-2012 entitled “SSL Retrofit Lamps: Suggested Minimum Performance Requirements.” The standard applies to integral LED lamps, which are defined as a lamp with LEDs, an integrated LED driver, and a base that meets appropriate American National Standards (ANSs) and is designed to connect to the branch circuit via a lampholder/socket that meets appropriate ANSs. The contents of SSL 4 may be viewed at www.nema.org/stds/ssl4.cfm Other SSL-related standards from NEMA:

3.      Energy Star Luminaires Effective Date Approaching, Says EPA - The Energy Star Luminaires v1.1 specification will become effective on April 1, requiring manufacturers to change their product labeling unless the products are tested according to the new criteria. This new specification replaces the Residential Light Fixtures v4.2 and Solid State Lighting Luminaires v1.3 specifications, and can be downloaded at www.energystar.gov/luminaires. In May 2011, the EPA postponed the effective date for Energy Star Luminaires v1.0 from October 1, 2011 to April 1, 2012. This was to allow Energy Star manufacturing partners and EPA-recognized certification bodies and laboratories the necessary time to appropriately apply the technical requirements contained in the new specification. On April 1, 2012, only those light-fixture models that have been third-party certified as meeting the Luminaires v1.1 requirements will appear on the Energy Star Qualified Products List. http://www.ledsmagazine.com/news/9/3/2

4.      Street Lighting Turns to LEDs for Longevity and Efficiency - Light-emitting diodes (LEDs) have been appearing in traffic signals and vehicle headlights for years and are poised to affect another source of light we use to navigate our cities and towns. The street lighting retrofit market is ripe with opportunity. Municipal street lighting retrofitted with LEDs has enhanced several communities’ nighttime environments, while significantly reducing energy consumption and maintenance costs. Administrators are well-versed in the financial strains of street lighting. It can account for up to one-quarter of a municipality’s electric bill, while maintenance can cost another 15 to 25 percent of their annual operating expense. http://www.ecmag.com/index.cfm?fa=article&articleID=13441
 
5.      Electric Bills Up in March an All Hawaiian Islands - Hawaiian Electric Co. said the effective rate for electricity in Honolulu rose to 32.6 cents a kilowatt hour in March from 32 cents per kilowatt-hour in February.  Maui Electric Co. customers saw rates rise to 36.3 cents a kilowatt-hour this month from 35.8 cents a kilowatt hour in February. Hawaii island residential rates rose to 41.3 cents a kilowatt-hour from last month's 40.6 cents. On Kauai, the rate rose to 42.6 cents a kilowatt-hour. Hawaii typically has the highest cost for electricity in the nation. The national average was 11.52 cents per kilowatt-hour in December.  3/07 The Honolulu Star-Advertiser

6.      How to Claim Tax Credits for Your 2011 Energy-Efficient Home Upgrades - It’s tax season, and time to claim your energy-efficient home upgrades on your 2011 income tax return. Find out what energy-efficient home improvements are eligible for federal tax credits, and which forms you’ll need to claim them. Download IRS Form 5695 http://www.irs.gov/pub/irs-pdf/f5695.pdf  More Info on Energy Efficiency Tax Credits:
Alliance tax resource for individuals: Energy Efficiency Home and Vehicle Tax Credits

7.      DOE Reopens L-Prize PAR38 Competition - The second category of the L Prize competition has been revised and relaunched, and will reward US manufacturers of ultra-efficient LED replacements for PAR38 lamps. The US Department of Energy (DOE) has reopened the PAR38 category of the  L-Prize competition. This challenges the US lighting industry to develop an exceptionally high-performance, ultra-efficient LED alternative for PAR38 halogen lamps.

8.      “Green” Light Bulb Costs You $50 - The good news: The DOE has awarded a $10 million prize for a "green" but affordable light bulb that's available to the public. The bad news: The bulb costs $50. The “L Prize” was announced by Energy Secretary Steven Chu last year, to push manufacturers to come up with a green bulb “affordable for American families,”  The competition also required parts of the bulb to be made in America.  The L Prize winner is a $50 bulb made by Philips. Similar LED bulbs are going for less than half that cost, the Post reported. 3/08 The Washington Post
9.      LED Prices May Not Be Too High for Consumers for Long - Many in the electrical industry thought it would take a while for LEDs to gain ground, due to their high prices. Opinions had been voiced that CFLs would fill in the transition from low-cost incandescents to affordable LEDs. Recently, however, it appears that LEDs are already falling in price, enabling consumers to choose to go right on by CFLs and use LEDs now. Some recent, unrelated news items serve as evidence to this point:
  • Consumer will pay more says Robert Gfeller, EVP of merchandising at Lowe’s 
  • Lumens-per-dollar introduced by Cree to measure lighting 
  • Falling towards the sweet spot pricing of $10….the ‘sweet point’ for LED replacements for 60W incandescent bulbs is set at $12 
  • Price check: The Home Depot….. prices on homedepot.com showed a $29.97 price for a 14W LED flood light bulb. The price posted for a two-pack of 8.6W replacements for 40W incandescent was $19.94, bringing the unit price under $10 each. 
  • An LED for under $5 from Lemnis Inc. of San Francisco

10.  More Jobs, But No Change in Unemployment Rate - Data released Friday morning by the Bureau of Labor statistics show the unemployment rate for February holding at 8.3%. The Employment Situation Summary shows employers added 227,000 jobs in the month, slightly more than expected, according to analyst forecasts. It was also the third straight month that employers added more than 200,000 jobs. Construction employment changed little in February, after two consecutive months of job gains. 3/09 HCN

11.  Gallup: Unemployment at 9.1%, But 19% Need Jobs - The unemployment rate shot up by half a percentage point in February, according to figures released by the polling organization Gallup on Thursday. The jump from 8.6 percent in January to 9.1 percent last month is the largest month-by-month increase in more than a year, Gallup said. Gallup’s figures differ from the official government unemployment rate because they do not adjust the figure for seasonal variations or include anyone under 18. 3/08 Newsmax

12.  U.S. Petroleum Product Exports Exceeded Imports in 2011 for First Time in Over Six Decades - The United States in 2011 exported more petroleum products, on an annual basis, than it imported for the first time since 1949, but American refiners still imported large, although declining, amounts of crude oil, according to full-year trade data from EIA's Petroleum Supply Monthly February report. The increase in foreign purchases of distillate fuel contributed the most to the United States becoming a net exporter of petroleum products. U.S. petroleum product net exports (exports minus imports) averaged 0.44 million barrels per day (bbl/d) in 2011, with imports at a nine-year low of close to 2.4 million bbl/d and exports at a record high of nearly 2.9 million bbl/d. http://www.eia.gov/todayinenergy/detail.cfm?id=5290#

Monday, January 9, 2012

News Updates for the Week of January 9


1.     The 2011 IES Progress Report Finds Its Way into Print in the January Issue of LD+ A - http://www.ies.org/PDF/ProgressReport/PR.pdf

2.     2011: The Year in Energy Efficiency - http://ase.org/efficiencynews/2011-year-energy-efficiency

3.     ZigBee Light Link: LED Lighting Control Standardized - The ZigBee® Alliance, a global ecosystem of companies creating wireless solutions for use in energy management, commercial and consumer applications, today announced it is developing a new open standard designed for LED lighting control – ZigBee Light Link™. 1/04 http://www.sacbee.com/2012/01/04/4161807/zigbee-light-link-led-lighting.html

4.     EC&M 2012 Product of the Year Call for Entries - Entries must be received by 5 p.m. CST on January 13.  Complete the entry form (one per product) and save as a PDF, Word doc, or scanned digital document and include as an e-mail attachment, along with a 300-dpi color image of the product. Include manufacturer and product name in the title of your image file. http://ecmweb.com/product_year/2012_POY_Entry_Form.pdf

5.     Energy Independence by Jim Hartung - The US consumed approximately 7 billion barrels of liquid fuels in 2010. Of this, over 4 billion barrels were produced in the US or imported from Canada. The remainder (less than 3 billion barrels) was imported from other countries. Oil imports from countries other than Canada could be reduced to near-zero in the next 25 years. This can be achieved as follows: 1) increase US oil production by 1 billion barrels per year, 2) increase oil imports from Canada by 1 billion barrels per year, and 3) decrease US oil consumption by 1 billion barrels per year through improved efficiency and use of alternative fuels. This will make the US and Canada essentially energy-independent -- and provide a solid foundation for sustainable economic growth for many decades, while alternative energy resources and technologies are developed.  http://www.energypulse.net

6.     Taiwan Remains World’s No.1 LED Maker by Revenue - Taiwan’s LED industry remains the world’s No.1 by revenue in 2011, with the year’s revenue estimated at US$4.53 billion, according to the non-profit Photonics Industry & Technology Development Association (PIDA) of Taiwan, which tracks the optoelectronics industry. However, the association pointed out that the estimated 2011 revenue represents a 0.4% recession from 2010 thanks to the weak economies in the euro zone and United States. In the meantime, South Korea’s LED industry is estimated to have revenue of US$3.35 billion in 2011, up around 5% from 2010. PIDA’s studies pointed out that South Korean LED manufacturers have vigorously branched out into the lighting sector with low-priced products. However, their production scales and capacities are far behind Taiwan’s, making their LED devices uncompetitive against those produced by Taiwan’s manufacturers. Globally, the industry is estimated to have total revenue of US$16.6 billion in 2011 alone, inching up 2.6% from 2010. http://news.cens.com/cens/html/en/news/news_inner_38779.html

7.     Samsung LED Becomes Part of Samsung Electronics - Samsung Electronics has announced that it will merge its LED division with its broader corporate entity effective April 1. The merger is expected to open global sales channels to the LED business and perhaps widen the company’s access to the lighting market. http://www.ledsmagazine.com/news/9/1/3

8.     Employers Add 200,000 Jobs, Unemployment Rate Falls to 8.5 Percent - The rate has dropped for four straight months. The hiring gains cap a six-month stretch in which the economy generated 100,000 jobs or more in each month. That hasn’t happened since April 2006. For all of 2011, the economy added 1.6 million jobs, better than the 940,000 added in 2010. The unemployment rate averaged 8.9 percent last year, down from 9.6 percent the previous year. 1/06 Washington Post

9.     Federal Buildings: Leading in Energy Efficiency - The White House recently pledged $2 billion for energy efficiency improvements in federal buildings, underscoring efforts already underway to save energy in several government facilities. The government is the largest user of electricity and fuel in the United States, and buildings account for about 30% of the government’s energy use. To cut down on energy use – as well as save taxpayer money and help the environment – nearly all government agencies are adopting energy efficiency measures. http://ase.org/efficiencynews/federal-buildings-leading-energy-efficiency

10.  The Control Narrative (Feature Story) - Driven by commercial building energy codes, green building projects and owner demands for flexibility and lighting energy savings, lighting controls increasingly are being specified, and specified systems are becoming increasingly sophisticated. Complexity begets stronger functionality and more risks. In a perfect world, designers provide detailed requirements for control functionality and installation that are easily understandable.  12/’11 Electrical Contractor

11.  Energy Focus LEDs Light US Navy Ship Top to Bottom - With over 600 LED lighting fixtures, the USS Chafee has become the first US Navy ship to be fitted with all-LED lighting by Energy Focus, Inc. based in Solon, OH. The Naval Sea Systems Command (NAVSEA) provided additional details including the new fixtures' 50,000-hr lifespan compared to the 1,000-hr for the incandescent globes and 7,500-hr for the fluorescents they replaced.   NAVSEA also reported that, in early 2012, the USS Preble (DDG 88) is expected to receive the same fixtures as well as LED lamp replacements for the ship’s two-foot fluorescent fixtures, which are the most common lighting on DDG 51-class ships.

12.  Kentucky Adopts 2011 NEC - According to a recent Code Alert issued on December 16 by the National Electrical Manufacturers Association (NEMA), the state of Kentucky approved adoption of the 2011 NEC without amendment. This version of the Code will become mandatory for all buildings in the state on February 1, 2012.  1/05 ECM Codewatch

13.  MaxLite Adds New LEDs to MaxLED Comprehensive Line of Light Sources and Luminaires -Expanding its comprehensive line of energy efficient light sources, MaxLite has introduced new state-of-the art LED lamps to its popular MaxLED™ family of LED lamps and luminaires. www.maxlite.com

14.  2012 DOE Solid-State Lighting R&D Workshop Atlanta, GA January 31- February 2, 2012 - The 2012 DOE SSL R&D workshop will be held at the Hyatt Regency Atlanta.  The nation's top researchers and lighting industry leaders meet to explore the science challenges and technology hurdles of LED and OLED that must be addressed for SSL to succeed.

15.  LEDucation 6 Opens Registration & Announces Speaker Line Up - The Designers Lighting Forum of New York (DLFNY) announces its speaker line up and also notify attendees that event registration for “LEDucation 6” is now officially open and will take place in New York City on Wednesday, March 21, 2012.  http://www.leducation.org/


Monday, November 7, 2011

News Updates for the Week of November 7


1.      Unemployment Rate Falls to 9 Percent - The Labor Department says the economy added 80,000 jobs last month, the fewest in four months and below September’s revised total of 158,000. Hiring slowed in October as employers faced more uncertainty over future economic growth. The United States has experienced 11 recessions since the end of the postwar period in 1948. The federal government has tried various methods over the years to turn around recessions and push back unemployment, including stimulus spending and tax cuts. Here is the unemployment rate since the federal government began tracking unemployment more than 60 years ago and what the government did, to ease it.  http://www.washingtonpost.com/wp-srv/special/business/us-unemployment-rate-history/
                                        
2.      U.S. 'Green' Standards Change, New Energy-Efficient Lighting - With the movement towards a greener world, the U.S. is developing stricter requirements focusing on energy-efficient lighting. Over the next five years, several changes will occur in the lighting industry, the most prominent of which will be the phasing out and replacing of standard light bulbs by more energy-efficient alternatives. For more information visit http://www.goldenlighting.com/ 11/01 PRNewswire

3.      Ameren Missouri to Slash Efficiency Programs - Ameren Missouri is making more deep cuts to energy efficiency programs, arguing that they hurt electricity sales and cost shareholders millions of dollars. Ameren, based in St. Louis, indicated earlier this year that it planned to cut the programs to $20 million in 2012 from $33 million this year. On Wednesday, the utility said it would reduce spending by another 50 percent next year, to $10 million. Energy efficiency program for residential customers-which ended Sept. 30-included discounts on compact fluorescent light bulbs and rebates for Energy Star-qualified appliances. 10/28 St. Louis Post-Dispatch

4.      Transformations in Lighting - 2012 DOE Solid-State Lighting R&D Workshop - Atlanta, GA
January 31–February 2, 2012 -
This gathering of solid-state lighting R&D professionals is where the nation's top researchers and industry, government, and academic leaders meet to address the science challenges and explore the full promise of this fast-moving technology. The workshop offers a unique forum to learn, share, interact, and build partnerships. And with its focus on the cutting edge, it's a way to stay current with an industry moving at warp speed.

5.      Title 24 Guide Included in the 2011 IES Progress Report - CLTC's Title 24 Residential Lighting Design Guide has been selected for inclusion in the Illuminating Engineering Society's 2011 IES Progress Report. Each year the report presents significant developments and improvements in the lighting industry. This year’s Progress Report is available on the IES website www.ies.org and will appear in the January 2012 issue of LD+A.

6.      Home Depot Offers Coupons for Eco-Friendly Lights When Customers Trade in Old Light Strings - Customers can bring in their old, incandescent Christmas light strings-working or not-to their local Home Depot store and receive coupons for money off the purchase of new, energy-efficient LED strings of Christmas lights. Customers can trade in up to five strings of the traditional incandescent lights for coupons ranging in value from $3 to $5. Customers must purchase their new LED lights between Nov. 3 and Nov. 13. 11/1 The News & Observer

7.      New “LED Lamp Locator” Industry Portal Is Expanded to Include Addition of Linear Product -Lighting Internet Technology Enterprises, LLC (LITE) announced that the company's new web-based tool, the "LED Lamp Locator," has just been enhanced to include the identification of LED replacement lamps for linear fluorescent technology. The newly-added “Linear” category now joins the tool’s three other main categories–Decorative, Directional, and Omnidirectional–in comprehending the broad array of LED lamps offered by the market’s range of global manufacturers and in helping to simplify the identification and selection of LED lamps in today’s fast-paced and rapidly-expanding marketplace. www.LEDLampLocator.com

8.      Promote Your Manufacturing Company to Lighting Practitioners at No Cost - You can list your company for free in the LD+A 2012 Lighting Equipment & Accessories Directory in print (March issue) and online, but you must enter your company's profile or reactivate an existing profile no later than January 6, 2012. To update or activate an existing listing, access the "manufacturer's login" area of the IES website at www.ies.org/manufacturers/login.cfmTo enter your company for the first time, simply go to www.ies.org/manufacturers/manuf_add_form.cfm

9.      Super Committee Nears Deadline, Considers Recommendations on Energy - The Joint Select Committee on Deficit Reduction, commonly known as the Super Committee, is approaching its Nov. 23 deadline to issue a recommendation for at least $1.2 trillion in deficit reduction over 10 years.

10.  China Will Phase Out Energy-Draining Light Bulbs - China will phase out power-draining light bulbs within five years in a move to make the world's biggest polluting nation more efficient but also certain to impact the global market. China will ban imports and sales of 100-watt-and-higher incandescent bulbs from Oct. 1, 2012. Bans will also be imposed on 60-watt-and-higher bulbs from Oct. 1, 2014 and 15-watt-and-higher old-style bulbs from Oct. 1, 2016. Last year, 3.85 billion incandescent light bulbs were produced in China and 1.07 billion of them were sold domestically. Power consumption for lighting is estimated to be about 12 percent of China's total electricity use. 11/4 AP

11.  LG And Other Korean Giants Face Ban on LED Luminaire Sales - Korean chaebols–giant industrial conglomerates–such as LG and Samsung, have been told that they cannot sell LED luminaires in Korea, in order to protect the interests of smaller manufacturers. LED luminaires were included in a list of 25 business items that are now restricted to production by small companies only. The list was announced by Korea’s Commission for Shared Growth for Large and Small Companies. http://www.ledsmagazine.com/news/8/11/5