While recognizing that the learning process goes both ways, Richard Cowart, principal and director of European programmes, shared lessons the European Union can learn from renewable energy policy in the US. In an interview with Sonja van Renssen, environmental journalist at viEUws, Cowart stated that hard targets for renewable energy are effective and crucial to progress, as has been demonstrated by individual states in the US. Citing the two-year renewal cycle for the federal production tax credit for wind generation, Cowart’s second lesson is “stop and start policies are maddening to investors and retard progress.” Finally, he highlighted the use of locational pricing for electricity in the US—a mechanism for encouraging development of renewable, demand response, and energy efficiency resources in areas where they are most valuable.