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I expect that the bulk of world production of photovoltaics will head to Japan, and that the resultant profit taking from homeowners will delegimtise the very idea of FiTs quite badly (in Japan) Even as a crash Money-is-little-object programme, this is badly designed policy.

Just flat out purchasing enormous quantities of panels and then hireing people to put them up would have been much more economically efficient, far less inequitable and have the same virtue of market making and upscaling of production used to justify FiT's.

by Thomas on Sat Jun 23rd, 2012 at 05:27:02 AM EST
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