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Feed-in tariffs and a policy Instrument for promoting renewable energies and green economies in developing countries
… use of renewable energy credits (RECs) 7 to demonstrate compliance with national or state targets. Competitive … RECs were first developed in the United States as a compliance mechanism for the first wave of state-level RPS … reflect the ‗true‘ costs of production (Renewable Energy Committee, 2011).‖ In addition to raising fossil fuel prices …