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China Consolidates Grip on Rare Earths? China has sent the price of compact fluorescent light bulbs soaring in the United States.
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[quote:Astrochik:MV8xNjQyMDYyXzI3MTE2ODg0XzM2MDhEQTQy] Not that this is the point of this article, but compact fluorescent lights are not a good option for home lighting... [b]Concerns Over Dangers of CFL Lightbulbs [/b] http://cflsafety.blogspot.com/ [i]Many CFLs emit electromagnetic radio wave pollution as a byproduct of the energy saving mechanism used to reduce voltage. You can investigate this by moving an AM radio close to a lit CFL bulb: the noise increases (based on research of Dr. Magda Havas as quoted on http://www.emfsolutions.ca/). Try the same with a traditional incandescent lightbult and the noise does not increase (unless the wire is polluted by another source of EM, such as a computer or another CFL bulb). Basking in the light of CFLs you are exposed to a whole set of frequencies that may be harmful to you.[/i] [/quote]
Original Message
By closing or nationalizing dozens of the producers of rare earth metals — which are used in energy-efficient bulbs and many other green-energy products — China is temporarily shutting down most of the industry and crimping the global supply of the vital resources.
China produces nearly 95 percent of the world’s rare earth materials, and it is taking the steps to improve pollution controls in a notoriously toxic mining and processing industry. But the moves also have potential international trade implications and have started yet another round of price increases for rare earths, which are vital for green-energy products including giant wind turbines, hybrid gasoline-electric cars and compact fluorescent bulbs.
General Electric, facing complaints in the United States about rising prices for its compact fluorescent bulbs, recently noted in a statement that if the rate of inflation over the last 12 months on the rare earth element europium oxide had been applied to a $2 cup of coffee, that coffee would now cost $24.55.
An 11-watt G.E. compact fluorescent bulb — the lighting equivalent of a 40-watt incandescent bulb — was priced on Thursday at $15.88 on Wal-Mart’s Web site for pickup in a Nashville, Ark., store.
[
link to finance.yahoo.com
]
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