To Cut Emissions Faster, U.S. Should Ditch Tax Credit-Based Subsidies for Renewable Energy

The wind and solar industries scored a huge win by getting extended tax credits, but research shows this isn’t the best policy for lowering emissions through renewable energy.

A growing body of research suggests that the ability of the tax credits to slow climate change would have been still greater had the value of the subsidies been instead linked to the amount of GHG emissions displaced by installing renewable energy.

by Tristan R. Brown, State University of New York College of Environmental Science and Forestry

Full Story: http://www.govtech.com/fs/perspectives/To-Cut-Emissions-Faster-US-Should-Ditch-Tax-Credit-Based-Subsidies-for-Renewable-Energy.html