Bureaucrats, however, appear to occupy a place at the opposite end from human ingenuity. Their interferences in markets do damage. Just two examples will illustrate what I mean by that. One is about a light that has a dark side. The other example requires that you either clean your plate or become a composter.
In 2007, Congress banned incandescent bulbs — not exactly a market action. The phasing out of incandescent light is to begin with the 100-watt bulb in 2012 and end with the 40-watt bulb in 2014. By 2020, bulbs must be 70 percent more efficient than they are today. While a standard, 100-watt bulb costs $1.24, the spiral compact fluorescent light (CFL) 100-watt sells for $4.97. Advocates argue, however, that the CFL lasts longer and uses less energy. The packaging claims that after six years I will have saved $74 in energy.
Thereby, in the year 2007 alone, under this edict, some 397 million compact fluorescent light bulbs were placed on the market. Their debut is counted as a success.
"Recycling would seem to be the philosophy that everything is worth saving except your own time and money."
However, the recycling of spent household CFLs has been an abject failure. Despite CFL-disposal bans in states like Maine, despite continuing statewide education efforts, and despite a free CFL-recycling program there, households throw the used bulbs into the trash that ends up in the landfills.
--------
Другая статья