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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