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Published online by Cambridge University Press: 07 May 2025
Peter Lynch, an expert on the renewable energy sector, offers a concise introduction to the central role of feed-in tariffs (FITs) in fostering the ongoing transition from conventional, carbon-laden sources of generating electricity to renewables such as solar, wind and geothermal. As the author points out, FITs guarantee markets and prices for renewable power, and drive down their cost through deployment and the encouragement of yet more technical advance. FITs thus offer much hope to a world that seems unable to reach any sort of global agreement on cutting emissions which have continued to spiral since the 1997 Kyoto Protocol.