The Obama Administration announced an initiative to spur economic growth and job creation through enterprises that reflect the triple bottom line of social, economic and environmental performance.

LEDinside states that 19% of electric consumption comes from world lighting. If one uses the most energy saving light fixtures available to replace the current lighting installation system, it can save 30% of lighting resource consumption.

The Lumapad is the first LED lighting system to pack a huge punch in such a tiny package. Measuring only 6.75 inches wide X 4.50 inches high, this tiny light pad uses only 88 Watts of power while delivering almost 1000 Watts of tungsten equivalent soft light. Now you can go green, save energy and light actors, stages, studios or anything that needs to be flooded with nice, even lighting.

IKEA announced the shift to LED lighting, which can last 20 years, earlier this month. Changing all 12 billion incandescent bulbs worldwide to LEDs would cut global greenhouse gas emissions equivalent to those of the Netherlands.

Policies of banning incandescent lamps take effect As the energy shortage raises energy-saving awareness around the world, incandescent lamps have to fade out from lighting industry. EU, USA, Japan, China have worked out the roadmap of banning incandescent lamps.

The incandescent bulb is a good place to start with any talk about lighting. This design has had tremendous longevity (over 130 years) and it makes for a cheap, versatile bulb. Unfortunately, this design is also power-hungry, inefficient, short-lived (with some exceptions), and fragile.

For the first time, the bottom price of the commodity is below 10 USD in Britain, which would replace 40-watt incandescent lamp. Besides, the average price of the commodity which takes place of 60-watt incandescent lamp is also falling stably in all the world.

As investment in social enterprise becomes more common, major brands and venture capitalists alike are learning how to make a difference without sacrificing their profit-driven missions.

Michael brings over 20 years of product development and innovation. From 1997 through 2008 he worked for Toyota Tsusho America, Inc. generating a global Electronics business in excess of $200 million.