America needs to introduce a nationwide feed-in tariff (FIT) to kick-start the renewable industry, restore America's leadership role, and accelerate the expansion of the renewable industry worldwide.
The FIT concept is proven, as it has worked far above expectations in Germany for the past 10 years. Germany set a 2010 target of 12.5 percent share of renewable energy in electric generation in 2000. They surpassed that goal in late 2007 with 15.1 percent share. That exceeded their schedule by two years and 20 percent — and Germany receives half the amount of sunlight as the U.S. on average.
The FIT has proven superior to any other program currently in use around the world, such as subsidies with public money, tendering models and quota models. In fact, since the German’s have launched their FIT program, approximately 35 to 40 counties have followed suit and implemented their own.
more infos about FIT's, what they are and much more here
What do you think? Looking forward to read your comments.
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