Quote:
Originally Posted by lvmensch
It is likely that LEDs would have eventually overtaken incandescents without the government intervention. But it might have well taken another 15 or 20 years. The economics of large scale production dictate that. There is little if any return for an existing producer to change to the new tech. And eventually new sources may arise but they will not have the initial volume and will market as a premium product at a much higher cost.
So the government intervention called the queston and sent everybody off figuring out how to do it and now.
Pretty much a good thing.
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In a perfect world, I might agree with you, except for the part "little if any return for an existing producer to change to the new tech". New tech always commands premium prices. For example, just look at the cost of cutting edge microprocessors compared to the ones just one step behind the bleeding edge. It isn't taking government intervention to spur Intel into continually evolving their product into more efficient versions of it.
But this isn't a perfect world. It is rife with corruption, especially when it comes to the government. In my opinion, that makes your statement "Pretty much a good thing" equate to "A very slippery slope".
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