
Gov't should consider benefits, not costs of introducing new renewabl energy sources
Rather than continuing to employ the traditional feed-in tariff strategy to purchase electricity from renewable sources, the government should be making such purchases on the basis of the benefits derived from the technologies, according to Prof. Eugene Kandel, head of the National Economic Council and chief economic adviser to the prime minister.
“Without knowing the benefits, it’s hard to argue that you’re making reasonable decisions,” said Kandel.
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