30 Nov '12, 8pm

More market, more competition: Why FITs are Fairer than Tax-Credits and Net-Metering #renewable #energy

Why FITs are Fairer than Tax-Credits and Net-Metering November 30, 2012 By Paul Gipe Critics of feed-in tariffs from the fossil fuel and nuclear industries--and even some ill-informed renewable energy advocates--charge that feed-in tariffs (FITs) are "unfair". This argument against FITs has been used in the past against all renewable energy policies, including net-metering and tax credits. The short answer is FITs are Fair. FITs don't hurt the poor. See Do feed-in tariffs hurt the poor? FITs, in fact, are more egalitarian than other renewable energy policies. They are certainly more egalitarian than the Renewable Portfolio Standards used in North America that restricts renewable energy to multinational corporations. It is true that net-metering and tax credits are unfair. Tax credits only benefit those who pay taxes. If the poor don't pay taxes they can't use the tax credi...

Full article: http://www.wind-works.org/FeedLaws/WhyFITsareFairerthanTa...

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