… that Germany’s “feed-in tariff” has created more than a quarter of a million jobs in just a decade and given rise to a $50-billion renewable energy business.
—The Leap: How to Survive and Thrive in the Sustainable Economy by Chris Turner
Excerpt from The Leap:
In 2000, after several years of sporadic, incremental change by half-measures and test runs, the German government passed a wholesale revision of its energy policy. It was a deceptively simple piece of legislation known as a “feed-in tariff,” which obliged grid operators (the companies that transmit electricity from power plants to customers) to buy power from renewable sources at rates far above the standard rate for electricity. Disguised as an effort to introduce a little green power to the German grid, the feed-in tariff has fundamentally changed the way the entire nation approaches the energy and climate crises and laid the foundations for the second industrial revolution.







