But cost 750% more.
Government subsidies don't reduce the cost, they only transfer some of that cost to other taxpayers via the government who borrows money from China to finance the subsidy.
In 10 to 15 years there will be a panic about rising mercury levels in groundwater that will be traced to the disposal of compact fluorescent lamps. The government will mount a multi-billion dollar environmental clean-up plan. There will be a movement to eliminate compact fluorescent lamps and go back to incandescents. But incandescents will be rare and costly because there will be almost no manufacturing plants making them.
Boy that's the truth!