Tag Archives: a new gold rush

“A massive enterprise’: California’s offshore wind farms are on a fast track

The tantalizing possibility of capturing wind energy from giant floating ocean platforms is considered essential to achieving California’s ambitious goal of electrifying its grid with 100% zero-carbon energy. The state’s blueprint envisions offshore wind farms producing 25 gigawatts of electricity by 2045, powering 25 million homes and providing about 13% of the power supply. The projects will be a giant experiment: No other floating wind operations are in such deep waters. From China to Rhode Island, about 250 offshore wind farms are operating around the world, mostly in shallow waters close to shore and secured to the ocean floor. But the areas off California with the strongest winds are far from shore and too deep for traditional platforms, so developers are planning clusters of floating platforms about 20 miles off the coast, in waters more than a half-mile deep and tethered by cables. Photos, >>click to read<< 10:49

The Wild West of Deep-Sea Mining

In the coming years, a new gold rush will begin. Deep beneath the ocean’s waves, from scalding hydrothermal vents to the frigid stretches of the abyssal plain, ocean processes have deposited vast quantities of valuable minerals on the seafloor. Now, the convergence of technological development and political will has placed this ore within reach. But like the gold rushes of old, the deep-sea-mining industry is emerging on the frontiers of society, far from legislatures and law enforcement. Officially, the nascent deep-sea-mining industry is governed by the International Seabed Authority (ISA), a nongovernmental organization established in 1996 by the United Nations Convention on the Law of the Sea (UNCLOS). The authority’s critical task is to coordinate its 168 member nations in establishing and enforcing regulations for the developing deep-sea-mining industry. click here to read the article 10:24