Re: [calfit] FITs or RECs, which is best? asks the IREC
Kudos for doing this. IREC has been problematic in the past. They push tradition programs such as net metering. We need to move them in our direction.
At 11:24 AM 6/10/2009, you wrote:
Hi everyone -
I'm sure everyone knows about this group: Interstate Renewable Energy Council < http://www.irecusa.org>.
They occasionally send out an email newsletter. In the latest issue the editor, Laurel Varnado, asks:
"Which policy, or mix of policies, best incentivizes renewable energy additionality, and which merely provides financial gain for projects that would have otherwise existed on their own? This remains one of the most interesting of unanswered questions regarding state policies and REC ownership. If you have any theories, weâd love to hear them."
So I replied (ranted perhaps):
That's too easy: Feed-in tariffs are proven the single most effective incentive that equitably accelerates deployment of renewable energy generation capacity while inspiring investor confidence through policy stability.
Quota systems (RPS), tax incentives, government and utility subsidies as well as renewable energy credits (RECs) are clearly the most ineffective, inequitable, and unstable polices that strangle attempts to deploy RE capacity. In particular, RECs create markets and players who have little to do with increasing RE capacity. For every dollar that lands in a market-troll's pocket is one that did not manufacture or install renewable energy generating equipment.
Feel free to enlighten Laurel yourself. You may weigh in by sending an email to: Laurel Varnado, lavarnad@....
Alternative Transportation Club &
Electric Auto Association of Northern Nevada
Yahoo! Groups Links
<*> To visit your group on the web, go to:
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
(Yahoo! ID required)
<*> To change settings via email:
<*> To unsubscribe from this group, send an email to:
<*> Your use of Yahoo! Groups is subject to:
606 Hillcrest Dr.
Bakersfield, CA 93305-1413
661 325 9590, 661 472 1657 mobile
Wind Energy Basics (Revised) 2009