LEDs are more efficient than most other light sources, so they usually consume less energy for a given task or at a specific light output. Also, they do not contain hazardous materials such as toxic mercury. Moreover, LEDs have a longer lifespan and therefore reduce the frequency of disposal of lamps.
Numerous countries in Asia and Latin America have phased out or banned incandescent bulbs. According to the US Department of energy, rapid adoption of LED bulbs would collectively save $265 billion over the next 20 years. This switch would also help eliminate the need to build 40 new power plants and save hundreds of millions of tons of greenhouse gases from entering the atmosphere.
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