Two of the most significant success stories of post-war trade diplomacy and multilateral trade negotiations that have occurred under the auspices of the GATT (now the WTO) have been the massive reductions in tariffs, and the establishment of non-discriminatory tariffs as the principal means of...

Feed-in tariffs (FITs) are prevalent support policies for scaling up renewable electricity capacity. They are market-based economic instruments, which typically offer long-term contracts that guarantee a price to be paid to a producer of a pre-determined source of electricity per kWh fed into...