Of course, that is on the financial side, not the environmental side. Here, as seen on Bloomberg, capacity outgrew the renewable certificate market, plummeting prices. Like all markets, though, that should correct. Interesting that the explosion was driven by corporate desire to move away from fossil fuel. We think that type of business attitude, applied on a global basis, will bring a lot more benefit than costs.
However, as with all such stories, there are many lessons here to learn for other countries trying manage the credit market and make sure there's reasonable returns to developers: