Michael Giberson of Knowledge Problem adding a curious detail to the story of refiners being fined under the EISA for not using a product that doesn’t exist:
… Yes it was the Energy Independence and Security Act of 2007 {EISA] that gave us the standards blocking the sale of 100 MW 100 W incandescent light bulbs, beginning in 2012. Also, coincidentally, the EISA bill was signed in December 2007 and later the business cycle folks at the National Bureau of Economic Research identified December 2007 at the end of a 73-month long economic expansion and the beginning of the recession.
Do ya’ think they were sending a big fat signal that they just don’t get it, and it contributed to economic skittishness?
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