Today's investors and lenders have little faith in the perceived strength of the power purchaser after the collapse of so many of them. Instead they are starting to look at the price wind's social benefits are fetching on the fledgling markets for green tags and emissions reduction units. But these markets are in dire need of ground rules, as the claims by both Denmark and the Netherlands to own the C02 rights of a cross-border wind trade reveal. We focus this month on the interlinked themes of dispelling caution in the financial sector and shaping markets for trade of wind's green benefits. There is still a missing link before Europe's impending market for CO2 trade can add true value to wind.