Billions in consumer savings at risk from government go-slow

Billions in consumer savings at risk from government go-slow

Governments could block €6.6billion in consumer energy savings by slowing the rapid advance of LED light bulbs in Europe, according to a new report. The EU is set to phase out all non-directional light bulbs rated energy class C or lower next September, including many halogen bulbs. Industry strongly endorsed the move when it was agreed back in 2009, but now say efficient LED bulbs will not be ready to take over. Government experts will soon vote on a possible two-year delay, backed by market evidence from the European Commission. Italy, Germany, Austria, Poland, Slovakia, France, Portugal and the Czech Republic have publicly supported a delay as recently as January 2015.