Conservatives were all upset when they learned of new federal energy requirements coming in 2012. Articles were written anticipating the death of the traditional Edison incandescent bulb and predicting that CFLs and LEDs would rule the market. Even Clark was thrown for a loop on this one. He too was among the many predicting the death of the Edison bulb.
But instead, the opposite has happened. Edison bulbs are making a comeback as researchers develop more-efficient designs, according to
The New York Times. Reducing the amount of energy we use as a nation is a smart play because it frees up resources to create more economic growth.
When it comes to autos, Clark wants to note one shocker about the increased fuel economy standards required by the government. He believes they will actually result in people driving more frequently as mpg goes up and the effective cost of driving goes down.
