You may remember a few years ago when it became impossible to buy incandescent light bulbs in the U.S. Panic spread in some quarters, with folks hoarding the old light bulbs the way my family hoarded classic coke during the new coke debacle.
What does this drop in demand mean for the future? The jury is still out. Some folks predict a bounce back effect -- we'll feel so good about saving energy, we'll just waste it somewhere else. Some folks see an opportunity for utilities to encourage the use of electric vehicles, since we now have unused electrical capacity. Your thoughts?