As you know, I was hoping to work on a wind generation project. Unfortunately, the lenders vanished. The Bank of Ireland is now Ireland.

To be honest, although I like the notion of wind turbine energy, there are reality problems and other concerns. Our project had met the financial obstacles, so I thought maybe the zealots would provide a source of investment. Still might.

On the other hand, from Irene, the German experience with playing with turbines and credits:

CLIMATE CHANGE PARADOX

Wind Turbines in Europe Do Nothing for Emissions-Reduction Goals

By Anselm Waldermann

Despite Europe's boom in solar and wind energy, CO2 emissions haven't been reduced by even a single gram. Now, even the Green Party is taking a new look at the issue -- as shown in e-mails obtained by SPIEGEL ONLINE.

Germany's renewable energy companies are a tremendous success story. Roughly 15 percent of the country's electricity comes from solar, wind or biomass facilities, almost 250,000 jobs have been created and the net worth of the business is €35 billion per year.

But there's a catch: The climate hasn't in fact profited from these developments. As astonishing as it may sound, the new wind turbines and solar cells haven't prohibited the emission of even a single gram of CO2.

REUTERS

Under current EU law, German wind turbines aren't helping to reduce CO2 emissions. They simply allow Eastern European countries to pollute more.

Even more surprising, the European Union's own climate change policies, touted as the most progressive in the world, are to blame. The EU-wide emissions trading system determines the total amount of CO2 that can be emitted by power companies and industries. And this amount doesn't change -- no matter how many wind turbines are erected.

Experts have known about this situation for some time, but it still isn't widely known to the public. Even Germany's government officials mention it only under their breath. No one wants to discuss the political ramifications.

It's a sensitive subject: Germany is recognized worldwide as a leader in all things related to renewable energy. The environmental energy sector doesn't want this image to be tarnished. Under no circumstances does Berlin want the Renewable Energy Law (EEG) -- which mandates the prices at which energy companies have to buy green power -- to fall into disrepute....