The Renewable Engine That Could-- "I think I can..."

What does this mean as renewable energy projects are being shelved left and right due to the current economic conditions? In the real world, probably not much, but form a public relations perspective, it gives renewable energy advocates a fresh card to play in the debate over California's alternative energy agenda.
The San Francisco Chronicle notes:
"Still, Wednesday's report was the commission's most optimistic to date on reaching California's goals. Last year, a similar report from the same group warned that getting 33 percent of the state's electricity from renewable power would require "an infrastructure build-out on a scale and a timeline perhaps unparalleled in the world."
California's renewable energy goals feasible [San Francisco Chronicle]
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