CEI Podcast for July 14, 2011: The Incandescent Light Bulb Ban

Have a listen here.

Earlier this week, GE CEO Jeffrey Immelt gave a speech at a conference on free enterprise. Energy Policy Analyst William Yeatman points out the irony of a career rent-seeker extolling free markets. GE spent $47 million in 2007 lobbying for an incandescent light bulb ban, cap-and-trade carbon regulations, and other government policies that would tilt the playing field in GE’s favor; its compact fluorescent and LED bulbs offer a higher profit margin.Yeatman also discusses a bill currently winding through Congress that would repeal the lightbulb ban.


One response to “CEI Podcast for July 14, 2011: The Incandescent Light Bulb Ban

  1. If you want energy efficiency, a light bulb ban is absolutely the STUPIDEST way to do it. Ditto for mileage standards and emission limits.

    The best mechanism to increase efficiency is a simple, single-rate CARBON TAX. But the climate change crowd has bungled the sales job with all their loose talk about “global governance”, by putting that clown, algore, in charge and by turning government-funded scientists into political hacks .

    Why impose thousands of clumsy and circumlocutory regulations on businesses to control carbon emissions or fuel efficiency when a single, simple-to-calculate, simple-to-administer, revenue-generating carbon tax can get the job done?

    That’s what the LMAD plan does.

    The LMAD plan uses a $600 billion/ year CARBON TAX not to fight global warming BUT to BUY off Liberals. And that’s just the start… LMAD also adds fully-funded Healthcare for every American, a public option health insurance entity, and the implementation of tax schemes frequently advocated by Liberals such as a “sugar” tax and a value-added tax. The LMAD plan even grants overnight amnesty of 10 million illegal aliens.

    THEN LMAD buys off Conservatives with much more than a balanced budget and limited government ; it permanently ends future illegal immigration with zero-tolerance, adds tort reform and completely replaces all taxes on production, labor, saving and investment with the new carbon tax, the value-added tax and the sugar tax. The LMAD plan even removes the burden of healthcare expenses from corporate balance sheets by ending our reliance on employer-provided health insurance.

    Energy efficiency? It’s in there. Healthcare-for-All? It’s in there. Balanced budget? It’s in there. Carbon tax? It’s in there. Rational taxation? Amnesty? Border Security? Limited government? Social Security and Medicare solvency? It’s all in there; it’s all paid for and it’s all optimized for economic growth.

    It’s time for progressives concerned about rising temperatures and conservatives concerned about rising federal debt to realize the obvious: they need to BUY each other off in order to effectively address their pet ideological concerns-there is no other way. This means trading, among other things, a carbon tax for a balanced budget amendment and a more limited government. This plan is outlined at http://letsmakeadeal-thebook.com

    Wahla! Energy efficiency WITHOUT a light bulb ban.

    Plan Blog: letsmakeadeal-thebook.com/

    Facebook: facebook.com/pages/Lets-Make-A-Deal-The-Book/143298165732386

    Twitter: twitter.com/#!/lmadster

    Or just Google “LMADster” for more info.