A firefly wastes almost no heat
A flame or a bulb throws away most of its energy as heat. A firefly does the opposite: nearly all the energy in its light reaction becomes light, not warmth. Careful lab measurements put the efficiency around 96 percent, against under 10 percent for an old incandescent bulb. That is why you can cup a glowing firefly in your hand and feel nothing. The glow appears when an enzyme oxidises a molecule called luciferin, releasing the energy almost entirely as a cool greenish light.