How feed-in tariffs maximize the benefits of renewable energy . . .
In a ruling 21 October 2010, the Federal Energy Regulatory Commission (FERC) effectively cleared the way for multi-tiered feed-in tariffs for various renewable energy technologies, like the programs found in Ontario, Canada and across Europe. FERC’s ruling “clarified” an earlier decision that had roiled proposed feed-in tariff policies at the state level in the US.
The International Energy Agency and the UK’s Stern Review have concluded that FiTs are the worlds most efficient and cost-effective policy tool for renewable energy deployment. FiTs create a stable market that developers and investors can literally take to the bank. . .
Prepared by RENEW Wisconsin on behalf of the Homegrown Renewable Energy Campaign
As the former chairman of the Congressional Study Group on Germany, it is clear to me that the single most important step we can take in order to promote a rapid growth of renewable energy in the United States is to adopt our own version of the German feed-in tariff. . .
By enabling broad participation, feed-in tariffs are more equitable than other renewable energy policies. . .