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Feed-in Tariffs or Bidding: How Best to Assign Renewable Contracts

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In his conclusion to a recent speech at the London School of Economics, Lord Turner, Chair of the Financial Services Authority in the UK, introduced an important distinction in reference to the financial crisis: he explained that "Stability matters a lot; minor gains in allocative efficiency matter little."

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Feed-in Tariffs or Bidding: How Best to Assign Renewable Contracts

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