He (Obama) also points to what he sees as the next big growth in renewable technology: marine power. In Britain, it is thought marine power could supply up to 25 per cent of overall energy needs, and it is creating huge incentives to attract marine energy companies to bring their technologies to Britain. Portugal and Chile are following suit.
That should be a clarion call to Australia, which has more marine energy resources than most countries, and some of the smartest marine technologies. It's just that we're not doing a heck of a lot to keep them here.
CWE Price at posting:
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