Philips calculates potential of a wide-scale LED lighting uptake

COP21 in Paris today, Philips Lighting released a paper highlighting the unprecedented energy savings potential of a global transition to light-emitting diode (LED) lighting.  Entitled ‘LED Revolution Booklet’, the research reveals that a switch of all lighting sources to LEDs could provide a global reduction in carbon emission of 1,400 Megatons by 2030 and result in economic savings of EUR272 billion. Lighting is responsible for 19% of global electricity consumption and accounts for nearly 6% of global CO₂ emissions. So the wide-scale rollout of energy efficient lighting solutions such as LEDs would make a significant dent in carbon emissions globally.