New Regs Crackdown on Incandescent Bulbs and CTC Exposure: Kiplinger Forecasts
The EPA and Dept. of Energy are planning to enforce rules on hazardous CTC and inefficient incandescent light bulbs.
To help you understand what is going on in the energy sector and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest...
Retail sales of most incandescent lightbulbs are now effectively off limits, with the Department of Energy fully enforcing rules that prohibit the import, manufacture and retail sales of most incandescent bulbs. Such enforcement includes slapping steep financial penalties — $542 per violation — on companies, which would translate into millions of dollars for large orders of incandescent bulbs.
Most, if not all, incandescent bulbs can’t meet new efficiency requirements of 45 lumens per watt, prohibiting them despite the absence of a blanket ban. Note that retailers will no longer be exempt from these regulations, a shift from the previous policy that focused primarily on manufacturers and importers.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
The Environmental Protection Agency (EPA) will limit worker exposure to CTC: carbon tetrachloride. A recent proposal, if finalized, would allow the agency to set the chemical exposure limit for CTC at 0.03 parts per million over a period of eight hours for use in manufacturing, recycling and laboratory settings.
CTC is primarily used to manufacture other chemicals. Among them are hydrofluoroolefin refrigerants, aerosol propellants, and chlorinated agricultural products. The chemical has been federally banned in consumer products since the 1970s.
CTC is one of 10 high-priority chemicals the EPA is currently evaluating under amendments made to the Toxic Substances Control Act in 2016. Besides CTC, the agency has proposals for asbestos, methylene chloride and perchloroethylene. Experts think trichloroethylene will be the next chemical on the list addressed.
This forecast first appeared in The Kiplinger Letter, which has been running since 1923 and is a collection of concise weekly forecasts on business and economic trends, as well as what to expect from Washington, to help you understand what’s coming up to make the most of your investments and your money. Subscribe to The Kiplinger Letter.
Related Content
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
Top New Year’s Travel Destinations: Glamorous Cities & Peaceful Retreats
Ring in the New Year your way — explore vibrant celebrations or find your peaceful retreat.
By Karon Warren Published
-
Jim Carrey Ran Out of Money in Retirement. Will You?
Cash-strapped retirees are returning to the workforce. How to prevent becoming one of them.
By Donna Fuscaldo Published
-
Don't Sleep on Japan's Economic Transformation
The Letter After almost three lost decades, Japan — one of the world's biggest economies — is finally showing signs of life.
By Rodrigo Sermeño Published
-
Kiplinger Outlook: Telecom Companies Brace for Tough Times
The Letter The telecom industry is entering a new era that threatens profitability. But the coming Trump administration will make it easier for the major players to adjust.
By John Miley Published
-
Start-ups Trying to (Profitably) Solve the World’s Hardest Problems
The Letter More investors are interested in companies working on breakthrough science to tackle huge societal challenges. The field of deep tech has major tailwinds, too.
By John Miley Published
-
The Big Questions for AR’s Future
The Letter As Meta shows off a flashy AR prototype, Microsoft quietly stops supporting its own AR headset. The two companies highlight the promise and peril of AR.
By John Miley Published
-
China's Economy Faces Darkening Outlook
The Letter What the slowdown in China means for U.S. businesses.
By Rodrigo Sermeño Published
-
AI Start-ups Keep Scoring Huge Sums
The Kiplinger Letter Investors continue to make bigger bets on artificial intelligence start-ups, even for small teams with no revenue. Some backers think a startling tech breakthrough is near.
By John Miley Published
-
Should We Worry About the Slowing U.S. Economy
The Letter With the labor market cooling off and financial markets turning jittery, just how healthy is the economy right now?
By David Payne Published
-
New Phones Get All the Hype, but Consumers Still Love Old Models
The Letter Even as flashy artificial intelligence features drive sales of new smartphones, used phones continue to fetch big bucks as demand outstrips supply.
By John Miley Published