David Hume

file photo

The Rise of Crowdfunding for Marine Energy

By David Hume 2018-11-04 17:41:35

Over the last three years marine energy developers have accumulated over $23 million from more than 7,400 people through crowdfunding. This year alone saw a 62 percent increase over the previous year in total funds raised and will likely increase before the year end. Crowdfunding is a rapidly growing trend for marine energy and one that may help the industry more effectively demonstrate its maturity.   The Trench of Death Raising capital for a new venture is never easy, but...

Continue Reading...
file photo

Ocean Storage of CO2

By David Hume 2018-07-29 19:29:02

Some ocean scientists are advocating for storing captured CO2 emissions in the deep ocean. The reasons why might surprise you. In this post I’ll investigate why some think ocean storage of CO2 is a good idea and the potential impacts it could have on the marine environment. How to Stop Climate Change Carbon dioxide (CO2) is a naturally occurring gas that plants and algae rely on for photosynthesis, and we rely on them for the oxygen we breathe. Ever since...

Continue Reading...
blue economy

A Growing Blue Economy in North America

By David Hume 2018-05-27 20:19:08

Over the last four years 20 incubators, accelerators and clusters focused on the Blue Economy and blue technology have formed in North America, bringing the current total to 26.  You may be asking yourself: “what the hell is the Blue Economy?” It’s a good question, and if you ask 10 different people you’re bound to get 10 different responses. Using the World Bank’s definition, “the Blue Economy is sustainable use of ocean resources for economic growth, improved livelihoods and jobs,...

Continue Reading...
More News Stories