Claiming that the environment "is begging for the Wal-Mart business model," CEO H. Lee Scott Jr., has committed the retailer to selling 100 million energy-saving compact fluorescent light bulbs a year
by 2008.
The biggest obstacle to overcome is America's love affair with cheap, familiar-looking incandescent bulbs. Wal-Mart will have to persuade its traditional consumers that it is
worth paying a bit more at the checkout counter to save a significant amount down the line--a seemingly simple task that few companies ever accomplish.
A compact fluorescent uses 75% less
electricity than an incandescent bulb, lasts 10 times longer, produces 450 pounds fewer greenhouse gases from power plants and saves consumers $30 over the life of each bulb. But it is eight times as
expensive as a traditional bulb, gives off a harsher light and has a peculiar appearance. As a result, Wal-Mart is meeting plenty of resistance--from light-bulb makers, competitors and consumers. Only
6% of households use the bulbs today.
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