America needs to introduce a nationwide feed-in tariff (FIT) to kick-start the renewable industry, restore America's leadership role, and accelerate the expansion of the renewable industry worldwide.

Why is a FIT critical?
World energy consumption was approximately 132,000 TWh in 2009, according to the WorldWatch Institute. According to the BP Statistical Review of World Energy 2008, the amount of direct solar energy that arrives on Earth during an average four-week period is roughly 1,853 TWyr, which is greater than the total remaining reserves (1,755 TWyr) of all fossil fuels. The numbers speak for themselves and the technically feasible (at this time), long-term solution is renewables.

Given the overwhelming supply advantage and renewable nature of solar energy, we should accelerate the worldwide development of renewables as quickly as possible with a nationwide FIT.

What is a FIT? [Full Story]