Soon: Huge Decreases in Energy Use
Light emitting diode (LED) technology which is starting to make its way to the market is expected to be widely used in the next decade. The adoption of this new technology will save $120 billion, will eliminate the need for 24 new large power plants and will decrease carbon emissions. US Department of Energy (DOE) has plans to spur growth in the LED technology adaptation by contests, R&D projects and market-based projects.
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