‘In June 2008, NorthWind added five more turbines, raising the wind farm’s capacity to 33 MW, enabling the company to provide half the province’s power needs.

Mr. Jacobsen attributes NorthWind’s success to a combination of three factors: right timing (NorthWind started the project when wind turbines were cheaper), right financing, and support from the World Bank through its Prototype Carbon Fund (PCF), which enabled NorthWind to generate more resources through the sale of “carbon emission reduction credits” under the Clean Development Mechanism (CDM) of the Kyoto Protocol.’

via Philippines – WB’s Carbon Finance: No Tilting at Windmills.

Bloomberg keeps it interesting by framing this in personal terms. The last paragraphs reveal that at the very least some mixed messages have been going out from the Obama camp about ‘Clean Coal’.

‘Months before Obama’s campaign remarks about the promise of new technology, he said in a recorded interview with the San Francisco Chronicle last January, “If somebody wants to build a coal-powered plant, they can, it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted.”

Obama’s Energy Secretary Steven Chu had called coal his “worst nightmare” in a 2007 speech. At his Senate confirmation hearing on Jan. 13, Chu said the fuel is a “great natural resource” that the “the U.S., with its great technological leadership, should rise to the occasion to develop.”’

via Bloomberg.com: Exclusive.

‘In China, scholars and policy advisers who support the proposals in the “Roadmap” report say talks on energy technology and climate change could foster cooperation between the Obama administration and China. A central question is whether Chinese leaders and American lawmakers will be too focused on reviving their economies to pay serious attention to curbing emissions.’

via Experts in U.S. and China See a Chance for Cooperation Against Climate Change – NYTimes.com.