A well-designed feed-in tariff can drive renewables in California
07/13/10 Greentech Media — A new UC Berkeley study says the state can build renewables rapidly while making big money and adding jobs. A cutting-edge incentive program is the way California can meet its need for renewable energy while bringing enormous financial benefits to the state and adding jobs by the thousands, according to the study conducted by Dan Kammen and Max Wei of UC Berkeley's Renewable and Appropriate Energy Laboratory Energy and Resources Group. A well-designed feed-in tariff will bring California $2 billion in additional tax revenue and $50 billion in new investment, while adding an average of 50,000 new jobs a year for a decade.