Neon is an inert gas that was discovered in 1898. It is colorless and non-toxic. Neon lights use glass tubes filled with low pressure neon gas that glow when exposed to high voltage. Neon lamps produce red light and are commonly used for signs, decorations, and lighting effects. While neon lights have advantages like low power consumption and long life, they also have disadvantages such as producing diffused light and requiring a large surface area for general lighting applications.