Government-subsidized green light bulb carries costly price tag — $50 a bulb!
U.S. government announced a $10 million award, dubbed the 'L Prize,' for any manufacturer that could create a “green” but affordable light bulb. Energy Sec. Chu said the prize would spur industry to offer the costly bulbs, known as LEDs, at prices 'affordable for American families.'...Now the winning bulb is on the market. The price is $50'