The renormalization group emerges from the renormalization of the quantum field variables, which normally has to address the problem of infinities in a quantum field theory. This problem of systematically handling the infinities of quantum field theory to obtain finite physical quantities was solved for QED by Richard Feynman, Julian Schwinger and Shin'ichirō Tomonaga, who received the 1965 Nobel prize for these contributions. They effectively devised the theory of mass and charge renormalization, in which the infinity in the momentum scale is cut off by an ultra-large regulator, Λ.