There's a renewable energy policy with a record of incredible success,
so why aren't we using it in America? Our April 2009 paper briefly explores the
history of feed-in tariffs (FITs) in Europe - the rise and fall of this
policy in Denmark and the rise and rise of FITs in Germany - and then
outlines why it would be a much simpler, more cost-effective, and
better economic driver for reaching America's renewable energy goals.
American renewable energy policy consists of a byzantine mix of tax
incentives, rebates, state mandates, and utility programs. The
complexity of the system results in more difficult and costly renewable
electricity generation, and hampers the ability of states and
communities to maximize the benefits of their renewable energy
resources.
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