This post originally appeared on Energy Self-Reliant States, a resource of the Institute for Local Self-Reliance's New Rules Project. With the right renewable energy policy, hundreds of individuals can have a stake in a renewable energy future. That's what happened with a cooperatively-owned wind project in South Dakota, where 7 turbines from a larger wind project are shared by over 600 local investors. The largest barrier to community ownership of renewable energy has been the use of tax credits as the primary federal incentive for renewable energy. Tax credit incentives stymie cities, counties, and cooperatives from constructing and owning their own …
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